ES

Coffeewin

Long /NQ and /ES at the bottom got me bricked up 🤌

Roygbiv-Turtle-98

somewhere there is a bear that shorted ES at 6584 tonight

PetikMangga-

whats ES - CCS ?

joe4942

> WTI up almost 30% in one day but ES down only 2% speaks volumes. The big mistake I think many are probably making is thinking this is just like tariffs, and Trump can fix it one day simply by putting out a tweet. The current situation is not something that can be fixed in a day. Even in a best case scenario, it will take weeks and even months to have any sort of return to normal in oil markets, and even when things return to normal, there will probably still be some risk priced into oil, so it definitely won't be returning to $60. Something like $70-80 is probably more realistic longer-term which is great for producers, but still creates inflation.

calm_discussion_3500

WTI up almost 30% in one day but ES down only 2% speaks volumes. To me it says market doesn't believe inflation will have any lasting effect and more importantly Fed will see through it and view it to be transitory. Ultimately I think people will end up surprised this event ends up way smaller effect than it appears. Of course it could also mean equities are wrong and asleep here.

pootenanner

Holy fuck too busy with crude to realize ES broke 6660. My shorts are rippinnnnn

Coffeewin

Just went long /ES 6605 and /NQ 24075 certified knife catcher 🤗🪦

Ridiculous_Society

If ES passes 6500, this thing is going to collapse out of the sky. I expect a little rally in the morning, maybe 1% before they continue this. As long as oil is exploding, the markets will continue to get hammered.

EvolvingDior

Word on the street is /ES 6600 triggers a massive sell off. We're about 10 points from there.

gamjatang111

looks like correlation of 1 event is near. TLT selling, Gold Selling, no where to flee really. Personally i am in Gold, nat gas stocks and managed futures ETF atm. Managed futures etf seem to be doing good most are net short ES or have heavy cash positions.

BooBrew32

If this were a real crash, we would've hit limit down by now. But ES\_F hasn't even hit -2%.

Spooky_Mulder27

ES Main down 125 points woah

BooBrew32

Vix futes are up a measly couple of bucks and ES\_F hasn't moved out of its channel for over two hours. If this was a serious crash, we'd be limit down. This is orderly horseshit.

IntentionExpert6732

This lol but its 50/50 if ES turns 526.75-492.25 into resistance this isn’t going back up and market open is gonna be nasty, straight puts out the open like full port

BooBrew32

Futures have barely budged for almost two hours. "NO, it's not worth that much! NO WAIT, it's not worth that little! ES\_F has to be exactly 6625! That's the only price it can be!"

IntentionExpert6732

Possibly, ES has support at 6,524.75-6,503.75 and then another at 6,441.00. If they hold at 524.75-503.75 this has a good chance of snapping back up but that chance is lessened if they lose that zone. I have an area of support on the Spy between 655.85-652.82, I just can’t see the SPY getting that low in a single swipe I feel like it would get drawn out but we’ll see, so far the stars are aligning in your favor.

SWATSWATSWAT

What's a crash mean? We talking 20% or less? It'd be more fun if you made this a contest and we all had to pick a NQ, ES, or CL price by EOW.

louis-debroglie

It comes through more clearly with ES/NQ vs the Russell 2000 Word is that Mag 7 is where money is going to hide right now, but that's just people in denial, the last vestiges of the now-destroyed bull market

gnanwahs

ES and NQ only down -1.6% lmao, expect a -3% down at open

Wowmuchrya

Nq is safer than ES during a recession because of the mag7’s cash flow. Look at friday before 3pm.

Coffeewin

/GC is dumping while /NQ is down less than /ES, I actually can't read this market

jonneh

You can use TradingView but it’ll be delayed, ticker ES1!

MarginCalledManager

I find it impossible to believe Germans can’t see /ES /NQ /YM and any other futures contract through their broker

MarginCalledManager

Get a real broker and add /ES /NQ /YM /SI /CL and all other futures contracts to your watch list….

MarginCalledManager

/ES bid/ask now down 50

MarginCalledManager

/ES pre-open bid/ask is down 35

MarginCalledManager

/ES futures bid/ask opens down 40 lmao

LarryStink

ES going to open at 6675 Cl will open at 95. 🔮🙌

systerix

Follow me and eventually you'll see! It's really just a combo of shorting ES + selling call credit spreads, and opportunistically reducing my existing put credit spread position (which would entail eating losses). Key is how I stagger the hedges and manage size (too large a hedge can easily backfire, and vice versa)

systerix

At various times from when futures open on Sunday evening (8:15pm ET) to Tuesday. For these most were concentrated on Sunday around 3-4am when markets dropped hard (ES was down like 1.5% if i remember correctly) and I added a few addtl positions when markets dropped on Tuesday before they recovered hard. Contract sizing is dependent on portfolio size, I have a strict rule to make sure I have at least the full risked amount in cash ready to hedge (i.e. 50%) but other than that I am all fair game. I sometimes only risk $50k, sometimes I can go up to $1mm cumulative - all depends on my view of the market at the time. During high VIX times like these (18-25) I make tons of money, but when VIX drops to that 12-13 area then I may only make a couple grand a week just given premiums are so small (at this point I am legit picking up pennies in front of a steamroller)

systerix

Shorting ES and CCS primarily So once my cheek gets penetrated my hedges will PRINT HARD

dontslambro

Ive got 12 ES futures right now

w562d67Z

This is interesting to me. I typically sell far otm puts on ES due to the overpricing on those as you described. I always felt that commodities markets were skewed on the call side so otm calls should exhibit the vol risk premium that's present in otm puts in equities. Is your research showing that both calls and puts are underpriced relative to realized vol for most of these commodities?

iShitBloodandCumShit

Market needs a catalyst. Someone, go short ES.

Bubbly-Fly-205

/ES bears took control overnight.

CUbuffGuy

Sold my ES contracts last night at a 4k loss because it just kept ticking up lol. I was positive we would see some downside before data but the market was being aids lol. Would be up like 10-12k now instead lol. Fucking hate pajama traders sometimes

HalversonKathy14

Market has been wonderful lately. Those ES shorts have been quite a ball. 

BlendedNotPerfect

holding ES without a stop is basically letting the max drawdown decide for you, one overnight gap against the position can wipe multiple days of gains., so the practical check is defining your risk in points before entry and confirming the contract margin and maintenance rules with your broker

spyputs1

Time to stretch your dong and go long ES tonight

spyputs1

Time to stretch your dong and go long on the ES tonight, they might be pumping into Friday expiration

Imaginary_Tear_2328

Did make about $4500 today. Only plan remaining - and need to look at Spy not just ES— if Spy hits $675 sometime between 2-2:30pm gonna V from there and I’m going long

PlasticDiscussion590

https://youtu.be/CFG5dk1GyRo?si=9ES8nkQPxJKysfWr

demi9od

A .05 increment on SPX is a .005 increment on SPY, half a cent. They are more granular, not less. In addition SPX effectively has half dollar strikes, equiv to SPY 680.5, 681.5, etc, also more granular. The commissions are the only drawback, but with this low frequency trading I don't think that would be an issue. I wonder though if MES/ES futures are not the better trade here. That is easily backtested.

iShitBloodandCumShit

*whips out the fancy crayons on ES futures* We either pump to 6970 or dump to 6650.

OptionGamble

I got money on ES so it matters to me

EvolvingDior

ES (SPX futes) rejected 6900 pretty resoundingly.

Competitive-Elk9326

This is how you know the bers are getting nervous, live updates on the ES 1s chart 🤣

MarginCalledManager

that equals ES 6900… hard to pull of with this price action

Theipodrookie

Cope harder 🤣 I said SPY would be 687 from 679 and now it's ES is 30 points away ok

EvolvingDior

ES still 30 points away from 6920. Don't move the goalpost now.

MarginCalledManager

so close to taking out the highs and exploding over ES 6900 and towards SPY 690… gogogo

MarginCalledManager

ES 6900 plz

Kind_Initiative_7567

This is the last 5 min candle for ES - been noticing it gets hammered back here for past few days 😂

sport912x

Buying Power is for Options, Margin is where you borrow to buy stock, you still need 50% of the price of stock. If you are doing CSP's in a Margin Account then you do not understand Buying Power. It is great to have the cash to buy any stock you are assigned , it is just a waste of leverage to do the trade that way. If you Sell a Put 200 Strike , a Csp takes 20k, but only 2k-4k in BP. You still have the 20k you just are keeping it liquid , probably earning interest. The only wrinkle is you have to be approved for Selling Options, which is hard at some brokers, easy at others. Also you are never charged interest on BP. What is the downside, well BP can double in a selloff , so that 4k BP for the 200 Strike could become 8k if the ES is down 200. Need more info on BP, here is the founder of Tos and Tasty with a tastylive vid. [https://ontt.tv/3jAf4Ba](https://ontt.tv/3jAf4Ba) Buying Power Factors Oct 28, 2020 STOCKLESS TRADING [https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020](https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020)

InfiniteNerve1384

Yep! https://finance.yahoo.com/quote/ES%3DF/

Competitive-Elk9326

If you think🥭 isn’t watching ES and NQ 1 min chart 24/7 to know when to leave Iran you’re crazy

Ok-Piano8789

if u dont have ES or NQ bids outside the -3 bollinger u aint black

LadderAdmirable

Nikkei and Kospi down 3% and 8%. ES and NQ futures - i guess I will go down .25% and then go green by open lmao.

Bubbly-Fly-205

/ES trapped bears this morning.

SignalX_Cyber

Sold a bunch of put options on ES futures options, so far it's going well if we don't flip back down than Imma head to both the mosque and church because God is amazing

Soybeanrice

I be scalping ES long like a dawg rn 😎

TargetMaleficent

Should have just used ES

zedder1994

Overnight on 10 year treasury bonds tells the story. Bonds down greatly and it looks like a lot further to fall. ES is getting smoked.

fuf3d

His PUTS are good for Tuesday. Blood Moon Eclipse brought /ES Futures down 125 points at present 5AM EST.

Sidney_Godsby

Yes, we’re both looking at the ES chart, but you still missed the point. Tonight’s drop is significantly sharper than last night’s relative to the previous days close.

UnivalveX

ES low was 6768

fuf3d

I should have took more, /ES down over 100 points rn.

Coffeewin

Who has the balls to long /ES into this falling knife. Bottom ticking has to be the best dopamine feeling in the world

the_humeister

Futures don't seem to matter. /ES went from -1% to green today 

d33p7r0ubl3

/ES

Bubbly-Fly-205

Incredible 100+ point /ES bear trap.

FurlessSasquatch

I also have no doubt you doubt my reality because you are regarded. You don't even know what the ES is I bet

FurlessSasquatch

I'm not mad I'm bewildered that you are the type of people I trade against and there are so many of you. Which is why I have done so well for the last decade. Acting like the SPY didn't shit the bed and that the ES dropping under 6770 was insignificant is the real comedy. I could have certainly traded the dead cat bounce right back to gap fill but I don't need to touch another trade until next Sunday restart

FurlessSasquatch

Yes and yes, just because you are slower than a dying turtle, doesn't mean the rest of us aren't paying attention. Tell us you've never traded the ES without telling us you've never traded the ES....you clearly aren't too bright. THEN TO TOP IT OF YOU FINISH WITH "GOOD LUCK WITH YOUR PUTS" 😂👌. You don't need puts little fella it's futures contracts. Stick to your sandbox

FurlessSasquatch

Are you dumb or just regarded? The ES collapsed to sub 6770 no negative impact????

Ok-Piano8789

ES gap filled, if u did want to short nows the time. im not though

FurlessSasquatch

The smart guys made their cash before market opened. ES has me covered for the week while everyone was still sleeping

FurlessSasquatch

Tell that to my cons on the ES, thanks

CUbuffGuy

Hey, so I trade for a living full time using ES and SPX. I’m here to confirm that these guys are dumb as rocks. There have been 352 times SPX has gapped down over 1% since 1993. The average return of all those days from open (starting at -1%+), is +0.09%. Intra-day movement average was positive 51.4% of the time, but only recovered a tiny bit on average. Only on about 3% of those days did we recover the entire gap and end the day green. But this guys seen it before.. so ignore all data and yolo calls! Just make sure to post in WSB for me with your outcome :)

EvolvingDior

Is /ES gonna break 6800 tonight?

DarthGlazer

I mean the ES and NQ are down pretty decent. I expect MM will push it all higher by eod

Specialist-Poem-505

ES futures is usually 15 points above spx so it’s at 6840 spx will open low 6825

Jason_Steakcum

My short puts from last week being up on ES open say otherwise. If you think “this is the big one” you’re a delusional bear.

FurlessSasquatch

Well the ES has some work to do on the restart if we going up Monday....

JabriniSandwich

So tempted to long the overnight with a micro ES… give me a test of February low at 6751 and I’ll do it. 🙏

Ok-Piano8789

ES -1%

AliceNullptr

My /ES dip buying orders didnt even trigger 😅 PANIC OVER

Coffeewin

Closed /ES shorts, switching long with /ES and /VX short

claytondpark

I demand a V in ES by open. I made $0 in Feb need to start march properly...

Ok-Piano8789

closed -3 ES, made $10k, gg

MarginCalledManager

ES bid/ask just dropped to 6835!

MarginCalledManager

ES futures bid/ask now 6859

Strangerdanger8812

I like to watch the ES order book on the dom at the open.... immediately will drop. resting orders being placed below. I think we go to 6830-40 before going after 6970 or we flat out moon.

MarginCalledManager

bid/ask open at 6868, now at 6866.50 for ES futures... down 20, will trend lower before open

MarginCalledManager

ES futures bid/ask opens at 6868, down 20, this will likely trend much lower before 5 p.m. open

Ok-Piano8789

AMP announced full overnight maintenance for ES some brokers saying 200% of maintenance required for CL

MrFyxet99

There’s more than 1 reason they did the strike when they did.By the time the market opens on Monday they a betting on the Iran conflict being over.This imho will be bullish, not bearish.But we will see.I plan on watching /ES tonight for clues.

hitman133295

Oh i know. But ES is just bigger MES. It’s the same thing like spx and spy. Save so much money on fees

ReceptionSmall9941

Most people are looking at overnight products (ES futures once Globex reopens) or broker “weekend” synthetic quotes, so they’re seeing indicative moves before cash equities open. No position; I’d treat weekend prints as directional, not perfect price discovery.

Dismal_Rabbit658

Why trade 15 MES when he could’ve just traded 1 ES?