Will VOO option volume ever approach SPY?


Hello all,

Wanted to get some opinions here. I recently (finally) put some money into the market with inflation being what it is. I own a variety of ETFs, murual funds and a bit of individual stocks. My question obviously pertains to VOO here.

When comparing SPY and VOO, you'll notice they are virtually identical. The biggest differences are expense ratio (VOO wins) and option volume (SPY wins).

My question is, I would assume most long term holders that plan onto DCAIng into the market to hold ling term gradually will choose VOO due to the lower expense ratio. Do you think that, a ways down the road, option volume will approach what SPY is currently at? I would live to ultimately start selling covered calls. If it's likely VOO option volume will increase, but if not I may consider closing the position and averaging in to SPY instead.

Thanks!


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