SPY

DNA-Reproduction

SPY only up 0.40% even though Google up 7% and AAPL up 3.5%? Ehhhhhh idk my guy idk

doctor_trades

You don't pay attention if you think SPY doesn't follow MSFT and Apple movements

Diamondhands4dagainz

OPEN will hit like 7 today lol. After yesterday, the volume today will be insane. SPY will be back at 549 and PLTR back above 165. Everything is going to rip like never before

doctor_trades

Apple up $8... SPY up $2. Something isn't correlating

SlothsonSpeed

SPY weekly puts, or spx 0dtes. Volatile week and if you flip the coin right it can easily 3-4x in minutes

SeaEnvironmental756

Wait how did you axe the axeman?!? That was Mr SPY $500c himself (years too early). 

Iunatic

You would have made more in the last 5 months literally just buying SPY lmao

Single-Highlight7966

Now fire jerome mr Peach and force the fed to activate money printer mode. This market NEEDS A 15% MELT UP TO 700 SPY NOW

BPDMisery

SPY 0DTE at open?

myeleventhreddit

September is **bearly** started. Fund managers sitting at 3.9% cash - lowest in a DECADE - while CTAs are 92nd percentile long equity after $27B July buying spree. Meanwhile July jobs printed 73k vs 115k expected with -258k downward revisions to prior months. Teen unemployment hit 15.2% (recession levels) and VIX popped to 19+ while credit spreads stay artificially tight. Nasdaq broke its rising trend channel, institutional positioning is at historic extremes with zero dry powder left, and we're entering the historically worst month for equities with RSI at 43 (plenty of room to drill). When smart money is hedging with 1.19 put/call ratios while retail chases calls, and the labor market is cracking faster than Hunter's laptop, any green is just dead cat bounce material. September correction incoming - after this morning's little bull ejaculation. 🌈🐻📉 *Position: SPY puts, riding the September slide to Valhalla*

yeppbrep

SPY is literally going to crash below 300.

ThinCrusts

Shill me.. 09/05 SPY puts or calls at open?

Galaxy_AI

I have been a bull for a long time and have lost a lot of money. Today, I am turning into a true PERMA BEAR. Nobody can stop me from making money from today on. SPY and QQQ PUTS - free money.

polychris

I bought 10 SPY 650c yesterday at the bottom for $0.02 each. They will expire worthless today but I think I might be able to flip them at the open for a nice gain. I set a limit sell for $0.10. 500% gain of it fills. lol

VirtualBobby

Nooo SPY stay up for the NEXT HOUR YOU SON OF A BITCH

VirtualBobby

I bought 2 SPY calls yesterday (641) and they were up 136% at close. Should I sell at open or hold all day?

Valkorion335786

SPY pakped $10 from yesterdays low lol

AltruisticCats

SPY make brain go brrrrrrrr very fast

Ok-Investment-300

I have a dumb question- Why does everyone on WSB use options on SPY so frequently? Is it a very volatile stock?

cripky

I’m a pure bred bol but hasnt SPY and QQQ broken out of their up trends though 🤔

PromptWise4509

Instructions unclear, Full port on ETH/SPY 0DTE calls. Puts top from my understanding?

Iunatic

SPY has doubled in 2.5 years and you'll still see this shit every day

Star_Lord924

!banbet SPY 650 1w

gameboicarti1

You’d be better off buying SPY

xxxMarilee

Leave 400k in SPY and gamble with the rest.

ThinCrusts

SPY green premarket means dump at open, right?

silverfutes

TA: [Morgan Freeman’s voice] Yesterday’s 5m SPY chart forms a distinct inverted vagina pattern. This rare and bullish pattern indicates the market’s desire for climactic heights, and should be taken as high demand indicator.

darodardar_Inc

Fuck I forgot today job numbers come out And I’m holding SPY calls… fuq

Nice-Delay4666

You’re in a great spot starting early with a long-term mindset! QQQ can give you more growth exposure, while SPY adds balance and diversification. Sometimes blending the two works best - you capture tech’s upside while keeping stability from the broader market. That way you’re set up to benefit from both worlds over time.

Star_Lord924

SPY gonna go up another .5% today? Would love to see anything over 646 but new ATH today would make me very happy.

IBetYr2DadsRStraight

640’s a real nice number. Very round. Divisible by so many other numbers. SPY’s gonna stay around 640 a bit longer.

RilSG

So you want to predict the behaviour of a stock that has just lifted 6 years worth of uncertainty. This case is from 2018. And with PE below SPY? Lol

Iunatic

All I want is these stupid crypto treasury companies to go bankrupt. And SPY 2000.

Star_Lord924

Lets go SPY. ATH today. Bring it

Star_Lord924

If SPY could somehow reach 650 today...my god is finish so hard.

McClintockC

SPY finna open 650 🤌

AxemanFromMA

SPY $700 EOY buy the dip

Alwaysfavoriteasian

I think I'm just going to full port RDDT, and after I make a billion off that, I'll full port 0DTE SPY calls.

dontslambro

SPY all time when?

WaywardSachem

My SPY 1DTE calls today could save me from my... *checks notes* SPY 1DTEs which expired worthless yesterday.

Star_Lord924

There ya go SPY. If im waking up...glad you are too.

Highzenbrrg

Yeah but my buck is going to the SEP. 3 Expiry SPY 605P contract.

ImakeBADinvestmentsx

Good news for nvida is Google is catching up and will carry SPY

Master-Shock9250

Will the SPY bounce or continue to drill into oblivion? Find out next time on ... Dragonball Z...

comeBeAStar

I bought some SPY few years ago, got some SCHD over more recent years. Apple before they did their last split lol, so I’ve wised up some. Those two have just been lingering and really evaluating everything as I need to get more focused.

nohandsfootball

technically down like 85% compared to SPY

oscarpildez

Well at least you’re realizing it now. Sell and rotate into VOO / VTI / SPY and don’t look back.

VeryStableGenius

I guess they might. But things still came tumbling down in 2000. But since the tech bubble burst, [index funds have dominated much more](https://global.morningstar.com/en-gb/funds/index-funds-have-officially-won), going from 10% of funds to 50% by 2022. I see it as a trade-off between risk and safety. If you look at the average growth of value funds vs SP500 over the past 5 or 10 years, they're a little lower but not much. That modest difference might be insurance against the Big One. It took much longer (14 years) for QQQ to recover post-2000 bubble than SPY, and DIA (Dow Jones fund) didn't even really fall after 2000. It's like different stock markets. If you had been in QQQ in 1999, you would be losing nominal dollars until 2015, and forget about real dollars and lost growth.

MuchArtichoke3

We’re definitely opening at 637 on SPY

Strong-Comment-7279

Define feasible, right? Insert: Practical, to the goal of making money. If you've got your projection figured, just place an order with a limit. Whether it hits or not is up in the air. This is now a zero sum game, eh? I'm going to get so down voted for this, BUT: I will say I had a or some contracts on SPY a few weeks ago that I was going to let expire worthless, so I set a limit at where I thought it might go, and took a nap. To my shock, I woke up a few hours later after mkt close, and it hit. Examination revealed a 15:59:59 bounce that was almost microscopic, but triggered it. Now, if I have that same scenario, I just set it for 60 day expiry, and if it isn't a ODTE, cancel the order after hours and reset in the a.m. Why? Partly testing to see if I can manage to trigger an option sale during an immediate after-hours bump, feeling that weird grey area between market close and ODTE expiry. Clearly, I like to take shots in the dark. I only trade SPY, ODTE - 3 month expiry. Currently only holding 9.04.25 646P from last week.

zuziannka

I have stoped fucking around with SPY 0dtes

Ok-Cod-6740

An option's intrinsic value comes from your strike and the underlying share price. I.E: * If an option is **in-the-money (ITM)**, intrinsic value > 0. * If it’s **at-the-money (ATM)** or **out-of-the-money (OTM)**, intrinsic value = 0. * The rest of the option’s price (beyond intrinsic value) is called **time value** (or extrinsic value). If your option is SPY 638C, and the current underlying is 639, that's an intrinsic value of \~$1. if your option is SPY 638C and the current underlying is 637, the intrinsic value is $0. What happens when the underlying is 640? That's an intrinsic value of \~$2. What is 636+ 4? 640. Your SPY 636 was \~$5 by the end of the day because of the Intrinsic value of $4 + time value or the theta and IV.

DirectorCurrent7306

Great question! It’s smart to start small and focus on consistent, long-term growth. For your approach, consider diversifying across different asset classes to reduce risk—ETFs like SPY or VOO are solid options for broad market exposure. You might also look into dollar-cost averaging, which helps smooth out entry points over time. If you're cautious about US indexes, exploring international ETFs or emerging markets could add some diversification. Always do thorough research or consult with a financial advisor to tailor investments to your risk appetite and goals. Patience and discipline are key—you're on the right track!

ComfortablePiglet842

What does this have to do with retardingly full porting into 0dte SPY calls?????

ImakeBADinvestmentsx

$AAPL + $GOOGL = The new carrying $SPY trade? SP500 rebalance this week. i expect google % to increase from the 2% right now.

hallett21

Hey chat is SPY at 650 yet?

Total_Sea5379

are yall still making money? i swear from Feb-June I made 40k flipping stocks cuz everything was going up. i could buy anything and it would go up within a few days. but this past month i only made like $300 cuz i'm so scared to buy anything. everytime is at an all time high and the only thing i have in my portfolio (besides QQQI and SPY) is lucid which just ate shit today. i feel like theres an 80% any given stock will go down and only 20% it will go up. what are yall doing!?

ComfortablePiglet842

Anyone play SPY like it’s a penny slot machine? Every day just throw $40 at it hoping to turn that $40 into $200

Big-Chungus-12

Thank you for the advice! I’ve read VOO is better than SPY because of the price but should I. Diversify on industry other than tech focused like 70/30 etc?

Ceyenne18

mango will be announcing 500% tariffs on BRICS SPY 300

Icy_Bookkeeper_208

Fml of course we're getting screwed out of Options with the handle forming on the cup on SPY and QQQ in AH. Going to rally and be going by 8:30am ET can almost guarantee it. 🤬

Professional_Wait977

Bers r fuk $SPY 645 by close tomorrow

Gorbie007

is SPY 645 confirmed tomorrow?

mugirawraw

Gotta thank GOOG for another put re entry on SPY. A lot more selling this month. NVDA headed to 150s

JohnNasdaq

Hope the CIA stashed away parts of their black budget over the years for a rainy day. Soon gonna need a fuckload more than we wasted in the desert *bonus points if they put it into SPY hehehe*

JohnNasdaq

Hope the CIA stashed away parts of their black budget over the years for a rainy day. Soon gonna need a fuckload more than we wasted in the desert *bonus points if they put it into SPY hehehe*

Valkorion335786

*"Moody's upgrades US credit rating after learning u/FuckleUp had purchased SPY puts."*

Valkorion335786

*”You are on a fool's errand, Mr. 10 Year Bond. I've just locked the launch sequence. Nothing can stop SPY 650. Not even my own death.” - Jack BULL 🐂

theperezident94

GOOG sitting pretty, but SPY and QQQ have faded the entire GOOG pump now 💀

d33p7r0ubl3

Why SPY fading? Pajama traders not doing their part

SirGlass

Unless I am not understanding this right you would essentially go long X and short SPY Like short sell SPY and collect $100 and turn around and buy X for $100 Then you will collect the difference in performance If SPY drops 10% and X drops 7% you still make 3% If SPY gains 10% but X gains 13% you make 3%, although this would not factor in borrowing cost for SPY what are pretty minimal and with margin requirements I don't think you could have an equal position in both but I may be wrong on that

2Bit_Dev

QQQ might not have higher growth in the future. QQQ and the S&P 500 ETFs have significant holdings in the magnificent 7 (Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla). QQQ has an even stronger concentration in them than something like SPY. Now, a lot of people are speculating that we are in the middle of an AI bubble. Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia are significantly involved in AI, so if the AI bubble bursts QQQ will probably shoot way down in value compared to an S&P 500 ETF. That's something to think about. I'm still somewhat relatively new to stocks, but I'd do some research on the different ETFs out there. There are dividend paying ETFs like SCHD. There are also ETFs that are concentrated in different industries like healthcare, industrial, and finance. Its my opinion that that there isn't one ETF that will provide enough diversification. In my opinion, I don't feel comfortable buying a share of QQQ knowing that 10% is tied to Nvidia.

derprondo

Bought big stacks of VMRXX (cash gang) today so that means SPY $800 by end of the year.

wildbill4693

2.26% according to Google, so a 7% gain of that is .15%. Matches SPY futes.

EvolvingDior

What % of SPY is Google?

cheddarben

Hysterical? SPY wasn’t even down .75% today. Get a grip.

Boringwrist

SPY 644 open?

Single-Highlight7966

Bears must be crying. We're going to have massive rate cuts and SPY 700 EOY

milkplantation

QQQ lost about 80 % in the dot-com bust and it took 15 yrs to reclaim its high. The S&P lost about 45 % and recovered in 7 yrs. You don’t need to swing for the fences if the index will get you home runs over time. I personally think it makes more sense to hold SPY/VOO and take satellite positions in the big tech companies you believe in. 5 companies comprise 45-50 percent of QQQ anyway.

Repulsive_Ad_1272

Couldn’t disagree with your stances more. In the long run of 20+ years, whether OP buys today or tomorrow really won’t affect their horizon much. None of us know what the stock market will be doing over the next week, month, year, or even 5 years. It is impossible to time and history has proven this to us. For long term investors like OP, the best time to buy is yesterday, and the second best is today. To say emotions are ever at any point more important is absolutely foolish and you are guiding them to a lifetime of pain. If OP were truly that concerned, they could take a DCA approach, but again, it really won’t matter if they’re going to be holding for decades. OP - just buy an ETF like VOO or SPY and call it a day.

ImakeBADinvestmentsx

google carried apple on the shoulders and together they will carry $SPY $GOOGL TO $300 NOW

GreenLobby420

Well, it looks like SPY is never going below 630 again. Every time we have a red day, the dip is bought with such strength. Buyers are in control. Everyone is absolutely loaded and is spending so much money. Who cares about inflation? People are still going to spend their money because they get paid again in 2 weeks. I might just capitulate and go all in at SPY 642. The market is rigged. By the end of the year: GOOGL 350 AMZN 300 MSFT 700 META 1000 SPY 711 AAPL 325 Inflation 7.5% In 2026 every major stock will increase by 40%

Horror-Appeal-190

Take 80% of whatever your discretionary and throw it into something like VOO, IVV, SPY... Take the rest and bet it on black.

theperezident94

SPY only moderately down for 2 trading days in a row, less than 1.5% from ATH, and everyone freaking out that the GOOG ruling that brought the index up 0.25% in after hours is gonna be the catalyst for the next 15% meltup through year end lmao.

EvolvingDior

If it's any consolation, SPY is currently headed down.

Rare_Tomatillo_1183

Yeah you didn’t hear? SPY actually weighted GOOGL at 90% 😆😆😆

BarryMihupinner

Stupid panicans thought black tiesday and 🥭 down, got doubly disappointed lmao. SPY 660 tomorriw

Most-Sun4067

I don’t claim to predict exact numbers. Just saying that it’s unlikely for SPY to pump above prices seen before the dump today.

Saltlife_Junkie

Not sure what that has to do with SPY calls

smart_doge

SPY is just going to be GOOG and NVDA in a year. It’s MAG2 bishes

_ThisDickAintFree_

Actual AAPL and GOOGL holders will take profits. Sorry, bulls but your SPY calls are still fucked.

DeyviT22

!banbet SPY 644 20h

MasterElite1

>Year-to-Date Performance >GLD (SPDR Gold Shares): up 33.36% YTD >SPY (SPDR S&P 500 ETF): up 10.72% YTD Gold out performing the indexes is a critical inflection point in the cycle known as the fiat credibility crossover zone.

giraloco

You sound like a pro. For the going up case you could buy X and sell short an index ETF like SPY. If you invest the same amount long and short you will achieve what you want minus commission and cost of having a short position. If you are wrong, you will lose money so in general people do it with a basket of stocks.

exeon25

Today I lost money when I could've 2.5x'd my SPY 640C (0DTE). Im too fucking stupid for this.  I've got some left and will gamble again tomorrow. I honestly do it for fun and limit gamble budget bc otherwise would actually be fucked. SPY 644 0DTE tomorrow. 

careyectr

You’re thinking about it the right way. In a negative‑gamma regime, dealers’ hedges go with the tape instead of against it. That feedback loop makes it easier for realized vol to expand and for multi‑percent down moves to string together, especially when catalysts and expiries cluster. Why a 4–7% drawdown is plausible into Sep/Oct OPEX When market makers are net short gamma, their delta hedges become pro‑cyclical: on selloffs they sell futures/stock to keep hedged, and on bounces they buy — amplifying the move rather than damping it. Cboe’s own primer on 0DTE positioning spells this out: long‑gamma hedging tends to counter price moves; short‑gamma hedging tends to exacerbate them.  September adds fuel. It’s the quarterly “quad witch” expiration month, when index futures, index options, single‑stock options, and single‑stock futures all expire on the same Friday — this year Sept 19 — and that day (and the run‑up) often concentrates rolls, hedges, and dealer inventory clean‑ups. October’s monthly OPEX follows on Oct 17.   Catalysts are stacked around those windows this year. August CPI lands Sept 11, the FOMC meets Sept 16–17 (with projections), and then you roll straight into the Sept 19 quarterly OPEX. September CPI hits Oct 15, two days before Oct OPEX on Oct 17, and the next FOMC is Oct 28–29. That clustering is the classic “vol window” setup if we’re already in short‑gamma.   Seasonality isn’t destiny, but it does bias the tape. Since the mid‑20th century, September has been the S&P’s weakest month on average, and several long‑horizon looks show September has posted an unusually high share of monthly drawdowns. That backdrop makes a negative‑gamma tape more fragile to shocks.   What would let vol actually pick up (and stay bid) rather than fizzle First, the sign and size of dealer gamma need to stay negative around spot. Empirically, when market‑maker net gamma is negative, intraday momentum rises and realized vol tends to be higher; when it’s positive, you get more mean reversion. Recent research on 0DTE inventory and gamma reaches the same conclusion at the index level.  Second, the vol term structure should flatten or invert. A VIX futures curve that goes from contango toward flat/backwardation is consistent with near‑term demand for protection and with realized vol exceeding what options were pricing. It’s not a perfect timing tool, but backwardation has historically signaled elevated risk conditions in the near term.  Third, the macro tape needs to lean “risk‑off” into those dates (hot CPI, hawkish tones, or negative growth surprises). The closeness of CPI/Fed to September OPEX and again CPI to October OPEX increases the odds that hedging flows meet macro surprises while dealers are short gamma, which is when you can string together 1–2% days that sum to a 4–7% draw.   How the path could unfold, mechanically In a short‑gamma state, dips pull us toward high put‑OI “walls,” where hedging intensity increases. If CPI runs hot on Sept 11 and the curve flattens, short‑dated vol gets marked up; dealers short puts sell more futures on each downtick; 0DTE demand for downside amplifies that flow intraday rather than pinning it. With quarterly OPEX on Sept 19, expiring inventory and index rolls can magnify the final legs as positions are closed and re‑established. A similar path exists into Oct 17 with the Oct 15 CPI directly ahead of it; if September doesn’t deliver the break, October’s window has nearly the same mechanics.   What would likely negate the 4–7% dip If spot pushes back above the “gamma flip” area and dealer gamma turns positive, hedging becomes counter‑cyclical and intraday selloffs tend to get absorbed. A steep contango in the VIX curve with subdued skew argues for mean‑reversion rather than trend. Strong buyback windows or benign CPI/Fed outcomes can produce that regime shift.  A compact watchlist for this setup Watch the dates and structure first: Sept 11 CPI → Sept 16–17 FOMC → Sept 19 quarterly OPEX; then Oct 15 CPI → Oct 17 OPEX → Oct 28–29 FOMC. Watch whether the VIX futures curve compresses toward flat/backwardation, and whether realized day‑over‑day swings start to exceed near‑dated implieds. The combination of negative dealer gamma plus a flatter VIX curve into those specific windows is the highest‑probability recipe for the 4–7% pullback you’re thinking about.     If you want to express the view while respecting the path risk Owning some convexity across the exact windows that line up with catalysts and expiries is logical in a short‑gamma tape. Calendarizing SPX or SPY put spreads so part of the book expires into Sept 19 and part into Oct 17, or pairing equity hedges with targeted VIX call spreads that expire before Oct FOMC, are straightforward ways to benefit if realized vol outruns implied. If you’re hedging levered beta like TQQQ, staged SPX/QQQ put spreads across those OPEX weeks can reduce path dependence versus trying to time a single “big day.” As always, structure sizes so theta is tolerable if the curve stays in contango and the gamma sign flips back. (General market commentary, not advice.) Bottom line: in a fresh negative‑gamma regime, with CPI and the Fed sitting right in front of September’s quarterly OPEX and again CPI just before October OPEX, the market has the mechanical setup to deliver a 4–7% air‑pocket. You don’t need a crash; you need a few 1–2% trend days with hedging flow aligned. If the curve backwardates and gamma stays negative into those dates, odds improve. If gamma flips positive or the curve stays comfortably in contango, the window likely passes with chop rather than a clean drawdown.    

mugirawraw

How nice of SPY to give me a re entry on puts

syedhuda

yes buls keep cheering for the fact that SPY went from 650 to 635 in a few days- its definitely septemBULL

Put_Er_There_Sport

Watch SPY go down 5% tonight as a fake out

_ThisDickAintFree_

!banbet SPY $635 24h.