SPY

SchwiftySchwifferson

1/3 of my account in GLD calls 1/3 in SPY call 1/3 in BYND puts lmao

johannthegoatman

I will say it seems like the last few years, fundamentals and financial reports are less useful than ever. With index investing, algorithms, and hype, lot of things either just follow the market or are divorced from reality. Why dig around for some hidden gem when a) most things are priced much faster than you can react b) it's moving with SPY anyways c) you could just buy leaps on spy or try to swing trade it rather than some random company that may or may not follow reality (that's assuming you can even guess the direction correctly after reading the reports) I agree that DD is gone and nobody on reddit is looking at financials. However, I think it's not just ignorance - a lot of people have been burned trying to use financial reports in the market we've had in the last few years. It's a lot of work for dubious reward. Have you made any great trades that beat buy and hold SPY with info garnered from a 10k in the last few years? I'm not saying it's impossible. But I think fundamentals are a much less reliable signal than they used to be

FarWay9137

I'm gonna assume with all the silver hype that we will be seeing a dump very soon. Also wondering if we'll see a dump in SPY too. Question is if this is gonna happen next week or after the holidays

TomatoSpecialist6879

SPY calls since they're clearly trying to pump it to 696.96 by EOY

Waste-Head7963

SPY 0$.

Mr_Canada1867

SPY 220

Engi-near

SPY leaps

sl3azebag

SPY puts or calls? Someone tell me before I jerk off.

ConsumptionofClocks

I'll do a little technical analysis, but because of the loss potential I tend to just do it on safe ETFs like SPY. My premium tends to only be like $10 per $100 of collateral. I've learned my lesson with stocks and credit spreads, ESPECIALLY with tech stocks. Credit spreads make up a small portion of my account. I will usually only utilize them if I have like $200 leftover after my CSP and CCs.

kayvonte

Can SPY kindly go up so that I can unload my 401k

LiamPhlegmsworth

Family thinks I’m good with money because I have $100k sitting around but if I had just put it in SPY it’d be a lot more 💀

AthleteNerd

Two different companies won't ever trigger a wash sale since they cannot be identical. Two different ETFs also will not unless the index being followed are exactly the same. (SPY/VOO = wash MSOS/MJ =no wash)

InevitableAd2436

SPY would already be at -5% if Chase failed lol

No-Replacement-8297

Can we drill to SPY 685 at open, then pump to 695 after 11am when all the europoors stop selling. 🧑‍🦼‍➡️

LowImpressive1989

Options on SPY and QQQ are not capital intensive. You can buy an in the money option for a $100-120, or less depending on the time of day. I really think you need to paper trade to see how this all works.

Sick0h

Does SPY or SLV hit 700 first?

nerodmc_2001

Gonna be honest. I'm not a silver bro. Idk anything about fundamentals or anything like thag. I'm trading on sentiments pretty much. You can definitely call it gambling. Depends on overnight markets and sentiments at open, I might go to jt again tmr/next week. If I don't like the sentiments, I'll go trade SPY or something else.

Otherwise-Ad5538

is everyone forgetting that silver and gold rallying is bad for equities lol no one looking at the SPY play rn

Mother-Bottle9962

SPY is definitely hitting 692 by open

ch0c0l8cake

🫦SPY690🫦

Lake-Dependent

Are silver and SPY fucking correlated

NVDAismyg0d

Oh FUCK! SPY -0.06? Fed will inject 45 BILLION into the market and we will do a media tour of data center construction and then talk about the potential of maybe change tarrifs next year  

obee1can

Buy the SPY/or QQQ, and sell a close in call. I’ve been doing this for years.

Prestigious_Suit_202

To fute or not to fute, that is the question: Whether ’tis nobler in the corn to suffer The slings and arrows of outrageous slippage, Or to take arms against a sea of fake meat And by opposing, margin-call them. To SPY, to sleep— No more—and by a sleep to say we end The heartache and the thousand margin calls That flesh is heir to—’tis a liquidation Devoutly wished. To SPY, to sleep; To sleep, perchance to dream—aye, there’s the rub, For in that sleep of death what fills may come When we have YOLO’d off this mortal coil Must give us pause. There’s the respect That makes calamity of so long OTM calls. For who would gey bear the whips and scorns of Powell, The algo’s wrong, the proud bull’s contumely, The pangs of despised theta, the option's decay, The insolence of market makers’ spreads, And the spurns that patient merit of unhedged takes, When he himself might his quietus make With a bare market order? Who would fardels gey bear, To sweat and puke beneath a 1-min chart, But that the dread of something after hours. The undiscovered weekly, from whose dread bourn No stop-loss returns—puzzles the will And makes us rather hold those 0DTEs Than fly to safety that we know not of? Thus conscience does make gamblers of us all, And thus the native hue of conviction Is sicklied o’er with the pale cast of Greeks, And YOLOs of great size and moment With this regard their currents turn awry And lose the name of tendies. Soft you now— Fair Robinhood! Nymph, in thy push notifications Be all my losses remembered. For now I rage against the closing bell, Curse halts, praise volume, fade breakouts blind, Buy tops with confidence, sell bottoms in fear, Trust vibes over data, tweets over truth, And swear this time—this time— The next trade surely pays.

Mother-Bottle9962

!banbet SPY 700 3D

Lake-Dependent

Need SPY to fucking kill itself tonight literally slit its throat and die

Mother-Bottle9962

!banbet SPY 700 5D

Sick0h

SPY 700 in 2025 has been written in the stars since the beginning of time. Only those who have been true believers will share in the great rapture.

financiallythriving

Perhaps entering short dated OTM SPY calls were not the move on Friday

Jibub

!banbet SPY 15% 2m

Jibub

!banbet SPY 15% 3m

callsonreddit

SPY is Santa’s pulse

katrav86

liar spotted. anyways SPY 700

dataCollector42069

thats what I did. Left a couple moon shots only throwing like $3k in a few of them and have the real money in safer stuff / SPY

alec_mcld

Can SPY just a pick a direction please? This 689 & 690 shit is killing me

wendys-member

2.6k left. 0DTE puts SPY 680 today. Trust me. Please credit me in your 2.6 -> 100k post

financiallythriving

I fell for the SPY 700 meme

sunmbitch

balls deep in SPY and SLV calls . They were cheap

sailortyx56

While people focus on metals SPY continues to be useless and ghey

BagHoldersOfAmerica

Wait why SPY bulls almost every silver bull has stocks too lmao

Cool_Course_523

Silver bears, SPY/market bulls, and crypto bros are a Venn diagram that is best described as a crusty circular butthole of humanity. Vermin, just absolute vermin all of them.

ramkris1988

Nothing will beat SPY year over year! Just invest in VOO or VTI and chill.

Stackvibe

Can I ask, I’ve noticed that while ETFs like VOO or SPY get recommended often, VTI specifically seems to get recommended far more often. Is there a reason for that or something about it that makes it a better choice?

InsuranceDistinct605

Honestly it’s an asymmetrical risk play. Very risky but also high reward. It’s a bitcoin derivative when bitcoin goes up significantly MSTR goes parabolic. And right now we are at the bottom/trough period. Price per share could drop even more but it’s funnily a longnterm play for me. Now if you want something safe just put in to SPY or triple q. Maybe dca because we are at all time highs.

epic_pharaoh

When it comes to the market, time plus money generally leads to more money, but it is not linear. It moves up and down with a long-term upward trend. Personally, I would look at holding three to five well-researched ETFs that diversify risk across sectors and countries. Right now there is a lot of overlap. SPY and VOO are essentially the same, and QQQ is a concentrated bet on the riskiest growth and tech portion of the market. If you are holding QQQ, it can make sense to set a target and eventually move some of that into SPY, since SPY already holds many of the major companies that drive QQQ. I would also consider adding an ex-US ETF to reduce concentration risk. Something like a portion of the portfolio outside the US can help balance exposure over long time horizons. Progress in the market is not linear, but buying during downturns lowers your average cost per share. When prices recover, you reach break-even sooner and gains compound more smoothly. At the same time, money invested while the market is rising still benefits from that upward movement. This is different from investing in a single company, where failure can wipe out your position. With broad market ETFs, you are buying into the market as a whole rather than one outcome. Disclaimer: this is not advice on exactly what to do. Allocation should reflect your own risk tolerance and how you feel about current market conditions.

No-Replacement-8297

Asking the Stock Gods for a red open, then they can pump to SPY 695 after the Europoors finish selling at 11am 🧑‍🦼‍➡️

Mother-Bottle9962

!banbet SPY 695 2D

financiallythriving

Planning to take back all the Christmas gifts I bought this year If SPY doesn’t have a real green day tomorrow

PatientAd9394

SPY to 700

swampassOG

SPY atm calls, 24dte This is how I'll lose this week

financiallythriving

Not asking for much, just SPY 700 by open

Artistic-Tax3015

Fucking hell, dude could have put $10k in SPY on liberation day or hell even Jan 1 and printed

financiallythriving

Sitting in the cuck chair with SPY calls

Ihaveterriblefriends

I think you could probably touch there again. I should have gotten the stock around $9 back then, and rode a few of the waves up but I played SPY 0DTEs instead

financiallythriving

Thoughts and prayers for SPY 700 tomorrow

Necessary_Ad_9800

SPY means puke in my native language

OurNewestMember

You don't understand that long call is called an "equivalent" to the long equity plus the long put. My idea prevents needing to realize shorter term gains/losses (to liquidate equities to enter the long call) to be able to maintain exposure and have a "margin call resistant" position. Main point is you don't have the capital to have both your desired market exposure (fully capitalized) plus liquidity for "life". What I'm proposing will also protect you from falling interest rates, but whatever. Anyway, long call or long equities plus long put -- either way you are paying the most expensive part which is the downside protection (which you might need due to shortage of capital). So there's a learning curve ahead :) I would go for greater liquidity and a deeper ITM call to tweak my exposure between equities and bondlike exposure rather than pick a less liquid ticker that has some bondlike exposure in the underlying, but that is me (eg, SPY versus something else) Good luck!

Sure_Leadership_6003

Just switch brokerage. It only takes few business days and you can apply the strategy that you developed. I have literally over 1000 trades this year majority are in 0DTE and SPX, spreads strangles and Iron Condors. Why would you even bother with messing with Robinhood and trade 0DTE on SPY.

Most_Blueberry_4713

Well Robinhood allows SPX and etc options, spreads, but when it comes to calendars, it doesn’t say they’re risk defined, even though they are, and the strategy id like to test is indeed a calendar of sorts. I don’t want to switch brokers without testing it to see if it’s worth my while so I was planning on trying it on SPY first to see if it works and then I can switch to a different broker to save me the headache of management later

Sure_Leadership_6003

Just curious what brokerage allows you to trade level one option but doesn’t offer SPX/XSP. You should switch brokerage and trade SPX instead of SPY.

lobeams

Bro, if you understand the risks so well then why do you want to trade SPY and QQQ? Trade SPX instead, or XSP if you can't afford SPX. I run a bot that opens an SPX 0DTE trade every single day and I rarely even look at the trade until after market close. With assignable securities, you're going to have to be watching those trades like a hawk all day to avoid getting liquidated by your broker.

Most_Blueberry_4713

I know, I spent all this time developing the strategy for SPX only to find out that I can’t do it on SPX on my brokerage so now I’m adapting it for SPY and the only variable is “early assignment” so I just need to navigate how big of a risk this actually is

Practically_Hip

SPX instead of SPY. Cash settled.

BiggieMoe01

SPY 685 0DTE puts gonna print?

MrFyxet99

Why buy calls on SPYM? Why are you concerned about notional with a long call? Unless you plan to hold to expiration, notional exposure isn’t something you need to worry about.Much better off buying calls on SPY or SPX

BeginnersDuck777

What are the odds we drop 10% on SPY by second week of January? About 75%, right?

ImthatRootuser

I'm going to NYC for NYE. Do you guys have a fave escort or should I check strip clubs? I don't feel like going to the club to meet someone. Or skip all and buy SPY calls and masturbate in the room? 😏🤔

Mother-Bottle9962

!banbet SPY 694 1d

Mother-Bottle9962

!banbet SPY 694 1day

smart_doge

Can mods stop us from talking about SLV? It’s like suddenly they ask us to stop talking about SPY. I’ll talk about >!Alicia!< Silver>!stone!< in that case

Juic3-d

SLV, NVDA, SPY and maybe QQQ

Total_Comfort9208

This is great advice, thanks for sharing! Correct on your assumptions of my positions. My delta on most of the synthetics is near 1 which allows me to mimic owning 100 shares. I've only applied this to stocks that I have strong conviction in with no speculative names. My biggest concern is the downside risk as I've not hedged in any way. I was thinking about doing a VIX ratio spread to offer some protection me in a COVID-style drawdown but the potential losses on the hedge make it less attractive. Also, VIX isn't directly linked to my stocks and wouldn't help if SPY was stable but there was a tech sector rotation. If I was on the losing side of this trade, would rolling the put and call to 2028 (preferably for a credit) be possible? If it was a minor debit, It would be acceptable.

ResponsibleValue7745

SPY $500 Dec 2026

TheInkDon1

Okay, you're doing an actual Call/Put synthetic, then. I was wondering when you said you also sold a Call against the position, because some people will buy a LEAPS Call and call it a synthetic stock position. (Which it *kind of* is, but technically isn't.) BUT, I think you might like a LEAPS Call that you sell a Call against better (the Poor Man's Covered Call). I don't have time to break it down right now, but run the numbers and see what you think. One of my biggest complaints against the synthetic, which you allude to, is the unlimited downside risk. With a long Call, the total risk is what you paid for the Call. Plus, even though the synthetic can be put on for either side of 'free,' what's the Buying Power Reduction? I think you'll find that it's larger than the cost of a LEAPS Call just 1 year out (no need to go further) at 80-delta, or even 90 or 100. I broke it down for someone here a month or three ago, but don't have time to look for that post right now. If you don't know what I mean though, or how to compare the 2 trades, let me know and I'll try to get back to you tonight. Oh, and as an internet stranger/friend, please don't day-trade SPY. Or anything. Day-trading is a losing game for most, if not all. Have an edge, not a hunch about almost completely random price movements. "Be directional," someone once said to me many years ago. Have a thesis for a direction over months at least, and then express it with shares or options. Take care.

savemoney_god

!banbet SPY -5% 2d

savemoney_god

!banbet SPY -3% 1w

LavishnessTimely7372

SPY 700

Background_Demand589

I could see SPY dropping to 6700~ before we find proper support

Maleficent-Smoke7338

I usually trade tech stocks like SPY, Nvidia, Tesla, etc. I also trade cryptocurrencies, stocks, and forex. I like to play different games depending on what the market gives me

Castopliani

Be happy that SPY doesn't have options expiring on the hour otherwise this sub would be broke

GoZukkYourself

SPY

TheMightySet69

I'm usually wrong but I'm feeling a bit of a pullback on SPY tomorrow.

MrLebouwski

SPY 700 sure bet

Legolas_i_am

SPY 690. Nice

WaIlstreetBots

SPY sits at ATH 70% of the time.

LuckyCaramel922

SPY 700 when?

Mitraileuse

Why sold UPRO? we all know SPY will keep breaking records forever

savemoney_god

!banbet SPY -1% 4d

duuchu

You would’ve doubled your money if you left it in SPY

April_None8287

In early 2020, I thought I was hot shit because I traded Tesla and SPY options. I went from 15k to 100k+. Then, COVID happened and my net worth crashed to 0. In hindsight, it was the best lesson I could've asked for, because I learned my lesson early. The next 5 years, I automated investments into low cost index funds during the pandemic when valuations were rock bottom and stopped trying to be a hero with options. Now I'm $1m+ and that loss in 2020 is a distant memory. That 100k draw down might've saved me hundreds of thousands down the road You learned a painful lesson, but this lesson might save you millions down the road depending on how you look at it

fire_alarmist

After SPY crashes back to 350\*

Kinnins0n

LMAO at tylenol bois who are somehow broke after 3 years of >+15% SPY return back to back. You guys truly are special.

krischar

Exited few tanking stocks. Became little careful at weekly calls and puts. Started recurring SPY, VOO, GLD and Google purchases.

CheesyRoyal

I have UCITS fund - ticker I500.AS, it is more tax-efficient in my position(I am not in the US). Option will definitely be on the US markets. My plan was to have it in single position that would be ATM as it is supposed to be the sweet spot between decay and amount of capital. Are you suggesting going out of the money to lower delta instead of having lower notional value(e.g $80 SPYM vs $690 SPY)?

dataCollector42069

start with cutting cost each month (less uber eats, less subscriptions). Use that money to DCA into etfs like SPY/QQQ

petr_dme

So, you have a portfolio, maybe SPY? And then you need to withdraw money from your portfolio by selling some, but you want to keep your portfolio almost the same. As far as I know, one of the best tickers in terms of spread is SPY, or maybe SPX, so I think your choice is already good. How about buying a SPY call with a delta around 10000/690 (your withdrawal amount divided by the SPY price)? It is around 14 delta, which is OTM. You can buy very long DTE, 3 years, to minimize theta. I am not sure why you chose ATM, but this what I will do.

Mylious

You are failing in a bull market. Let that sink in buddy. $SPY is at all time highs. Stop gambling and get some help.

mountainunicycler

$150 contributed per week, so you would expect to have in the ballpark of $53,000 (assuming no initial investment and you “did nothing” by just buying SPY) So contributing $150 now would change your total account by 0.2%. I’m not sure how Robinhood does it, but yeah, $150 is pretty small in your case

GoZukkYourself

VOO is for buying and accumulating. SPY is for trading.

CUbuffGuy

People really should learn how options work… it’s a fucking derivative. Your not betting the underlying just goes up or down, your betting it goes up or down more than it’s “supposed” to. It’s really fucking simple how they are both down. SPY had to go up more than people though it could for the calls to make money, and it would have had to go down more than people thought it could for the puts to make money. It didn’t. It stayed in the average price range you’d expect… so any call/put lost money, more so it OTM. It’s like you guys are actually retarded. I thought it was a joke.