ES

Powerball_Winner2x

Great set-ups yesterday and today for long trades. Range days that don't break my support/resistance levels and satisfy my other criteria I sell premium on 0DTE. Trades are only initiated at the time my criteria are met and closed when my criteria are met. For trading Friday (tomorrow) I am looking for tonight's ES futures contract lows to hold AND for then for my entry criteria to be met to go long or sell premium, depending on when my entryIf either does not occur there's no trade and day off.

brucekeller

bro wtf is that last minute volume on /ES goddamn son

John-AtlasGames

In a rational market we would not get a strong V today, but in case we do, it would be really good for my port positions right now since I went long /ES

BooBrew32

WTF why isn't ES\_F mooning? WE OWN THE FLOAT!!!!

BooBrew32

ES\_F is in the Epstein files.

cayoloco

Futures markets are though. Check out ES or NQ for Futures prices

MasterSexyBunnyLord

It's based on delta, what is the chart going to tell you? > Also, if a trade goes against you, how much do you roll before you cut your losses? On the put side, I roll at 21 days or 50% profit. You'll notice I mainly use indexes because I'm expecting eventually these things will recover. There is no cutting losses. Most extreme cases was SPX in the tariff crash. My strike on SPX was 5700 and it went all the way down to 4800. It was down big and eventually it was worthless. On the call side, I don't do much naked calls anymore, my personal feeling is that they're under-priced because they keep being breached but you do you. I usually do a variation with calls when I get assigned. For example, I have 1 ES and 2 GC currently, I do one of: - covered call - ratio spread - front ratio spread where I finance the purchase of multiple calls with the short calls I sold I finally just got rid of an SI futures yesterday using this last method, had one short $49 covered call and was long 3x49.30. With SI touching $50 yesterday it was great... That's the easy part, the hard part is when this thing was down $30k these last few weeks without the ability to sell any calls because it was too far away. Again, not saying this is for you or anybody else.

MasterSexyBunnyLord

> When exactly do you initiate a Short Strangle? If you're looking to do 45 dte, then 45 days before expiration would be the time to enter. > How do you know the market will remain neutral/range-bound? You don't. Delta give you your odds based on what history is going to happen when volatility was about the same as it is currently. > What symbols/instruments do you trade? I tend to stick to mainly SPX with ES, NQ, GC and SI but you can do what you want. > Is a Covered Strangle a safer strategy than a Short Strangle? In a way because you don't have a naked call but now you're more long because you have long delta on the short put and long delta from the underlying. > Yes, I understand the ROI is lower compared to a naked Short Strangle… but in terms of safety, stability, and long-term durability— isn’t Covered Strangle simply a better strategy? Maybe start with just short puts or a paper account and go from there?

80delta

Not true. Leverage is only 15X on /ES and /MES. ODTE, I can get about 100X with a .95 delta. Its around 350X if you want to play ATM. With futures, that leverage moves against you just the same as if it goes with you at all times. Essentially, the delta is constantly at 1.00. You are exposed to an unlimited downside risk with futures. With options, your risk can be no worse than the cost of the option. Futures: unlimited upside potential. Unlimited risk. Options: unlimited upside potential. Limited risk. I took bad advice that futures is better than options for day trading. Almost blew up my account. There are benefits to it, no time decay, no IV crush, high liquidity, 23/5 open market,etc. But you really need to know what you're doing. Its not for everyone. Not for me. Maybe its for you, but evaluate your risk tolerance and trading plan before diving in. It would be wise to test your strategy out on paper before going live.

MasterSexyBunnyLord

Interest rates should have the same impact on both European and American styled options. Meaning higher rates will push down the value of puts and increase the value of calls However given the same rate, it should be possible to observe if there is any significant difference using ES or NQ. Those products use European options except for end of quarter options which are the 3rd Friday every 3 months. Those are American options. If I look at the ES 6850 put for Dec 18th (European) and 19th (American) respectively I see a single point difference. Considering there is only about a 12 hour difference between their expiration (16h to 9 am).113.5 vs 114.75 for the ask which is a out $5700. If you look at 17th for the same strike, also European, the ask is 101.75. The delta seems to be bigger but it's also a full 24 hours (16h to 16h)

Silent_Fault2969

Just got banned from r/Stocks for posting that ES_F broke out of the flag.

Silent_Fault2969

ES_F broke out of the bull flag yesterday. Hold runners.

x98TZ9Qx

Short 1 ES futures comtract!!!

zapembarcodes

I like to occasionally sell ES puts. The money is easy but it feels like dancing with the devil, mainly due to vega exposure. Any uptick in the VIX puts the trade underwater. To offer some protection but mostly to offset margin requirements, I buy an equal number of weekly puts (very cheap), that I roll over to the next week, for as long as I'm holding the short puts. The short puts are usually sold at 120DTE and at about .10 delta (about 12% from ATM), sometimes lower. I aim to buy the weekly puts 300 points higher than the short put strike. As long as ES stays flat to bullish, I keep rolling those long puts. If ES crashes, I then roll the long puts diagonally, 1 week out, 50 points lower. This makes the hedge a bit more cost effective. The idea is to keep rolling these long puts diagonally as long as ES keeps dropping, helping to offset the losses from the short puts. Think of it like a staggered hedge. Ideally, one does not outspend the initial credit on hedging and in the worst case scenario either one breaks even by expiration or takes a relatively small loss. This is all theoretical. I've never lost trading this way but then again I've never been in it during any selloffs. I've only done it a few times this year and hold for about 2-3 weeks max. Anyway, just wondering if you had any thoughts on this way of hedging short puts. Also wondering what strategies you use when shorting put premium on ES.

OurNewestMember

You compared futures options to... Futures options? >A naked put in Micro E-mini SP500, for example /MESZ5 6700p Versus >The same naked put in /ESZ5 6700p ...Wut. Weren't you supposed to compare something like 1x SPX dec 6650P versus 2x ES 6700P?

Silent_Fault2969

ES_F building a bull flag.

falling_knives

Every $1 move in ES is $5 with 1 MES contract. MES is boring though. MNQ is more fun.

GotBannedAgain_2

ES moved about 100 points and VIX closed at 17.6. Makes u wonder what it’s waiting on…

whodey84

Algos (and I) took too much Tylenol. Put on some Iron condors here. SPY = $675 SPX = $6775 ES = $6800 Think we finish the week at these same levels.

Silent_Fault2969

ES_F set a bear trap last Friday and ran 150+ points.

Vast_Ad_8414

If it holds above 6800 /ES Should be pretty solid from here

OrangeForeva

No one cares about the Dow. ES is up 0.7% and NQ is up 1.18%.

anonkraken

ES stuck on 6800. Let's see if she breaks.

OrangeForeva

ES and NQ futures breaking above their opening highs. Looks like clear skies ahead. Gold and Silver futures also had a strong break out.

stupidber

Here's a link for all the retards that don't know where to see futes- [https://finance.yahoo.com/quote/ES%3DF](https://m.youtube.com/watch?v=dQw4w9WgXcQ)

cjspoe

your broker /ES - then whatever period its in. It’s /ESZ25 now. Should be able to just type /ES and it will auto populate

aaron-roger

still highly correlated with ES/NQ open.

Efficient_Pea6113

I trade SPX 0DTE XSP is 1/10th of SPX so when I buy this I’m buying more time and ATM. People will tell you not to buy OTM on SPX because it’s “Gambling” Learn to use delta exposures and gamma exposures and select contracts going into the money. There are other great patterns for SPX, on Friday spy and SPX both were over opening print but ES was not, low risk trades off a calc took the 6725 calls they went from .50 to 4.5 It’s all about knowing your data metrics

Clownman00

If your goal is to hit 0DTE that’s essentially just throwing your money away UNLESS you got some good information aka insider information. You COULD probably make more by trading the /ES but that is futures contracts and is “nicer” wrt day trading. But if you’re sticking with options playing LEAPS are good but that wouldn’t be considered day trading.

LittleBoy1954

"build a strategy: Yes. I have a strategy in my trading plan that works. I tweak it every so often but not by much. "and blindly follow it without any additional support or indicator." That's right no technical analysis indicators. MA, MACD, RSI, Bollinger Bands, Keltner Channels, Gann, etc. However I do use a lot of fundamental analysis. I do that starting at 8:30AM (ET) by: Reviewing Asian markets activity (they're closed) Reviewing European market activity (they're mid day) Reviewing morning Economic Indicators (ADP, CPI, etc.) Reviewing AM earnings releases Fed upcoming activity Morning political activity and, especially, Morning futures market activity (e.s ES, YM, NQ, DX, GC, CL etc., ...and a few more things. By 9:30AM (ET) I'm ready to begin trading SPX 0DTE options. I generally let the market open for a 10-15 minutes and let it settle down. Then I look at Expected Move, IV, IVR and IV% and jump in with a Call and Put credit spread. Looks like a lopsided iron condor but in fact I trade the spreads separately. Some days the spreads are 1SD away from the money other days closer to 2SD. That's it.

jonnycoder4005

If you want to use leverage you are better of using Futures. /ES and-or /MES for SP500 exposure. /MES carries a notional of around 50 shares of SPY and /ES is around 500 shares of SPY. The current performance bond requirement via CME SPAN Margin is around $2k for /MES with $33k notional exposure. The performance bond for /ES is around $33k for $333k notional exposure. The cost to carry (risk-free rate, dividend, expense ratio) is built into the price (which is why the SPX and /ES prices never match) Size accordingly.

PhysicianRealEstate

My brain ain't braining today. Wasn't following market yesterday, plus I'm usually looking at ES instead of spy. Relative newbie 1) You buying those calls ATM, or at a certain delta for the scalps? Unsure with scalping 0dte, how to maximize the whole convexity thang 2) Any reason for spy over ES or SPX? 2a) The whole 60/40 long term vs short term cap gains thing seems appealing 2b) but the super duper liquidity thing with spy is also appreciated (realized how important that was when playing w betting on gold futures retracement. Still made money but damn, big spreads on the options

Scary-Compote-3253

I usually wait until 10:30 ES and don’t trade after 2pm most of the time *

QuantusMaximus

/NQ touched 50 dma, QQQ 0.25-050% above its 50dma still Spay/ES crossed theirs almost an hour ago. reads tea leaves...

Maleficent-Hold-5466

nothing stoping u from trading ES options bro

Silent_Fault2969

ES_F bears continues to make lower lows, and are in control until bulls can recover the broken structure.

optimaleverage

Yeah. This is the turn, isn't it? Thought we'd see heavy dip buying but ES just made a new low on the week... Either bulls are super patient, or they've all got their bear mode engaged and we're super fucked. We know what Murphy's law would contend. Most likely we getting cooked today.

thefxll

ES behaving mad unusual makes me think top of book liquidity is thin

Dixon_Quick

6 Nov 2025 Just found this thread because I am wanting to trade a calendar on /ES but getting an error in ToS. Still an issue.

EmpathyFabrication

He's talking about e-mini futures ES=F aka /es it's something TA people use to divine their market proclamations

_hiddenscout

What are you even taking about with ES_F?  I see you post these almost daily into the void

Silent_Fault2969

ES_F in bearish consolidation.

Galadon17

How do you use vanna? I've been trying to make use of it with the IV curve (skew and flatten), and I've been able to calculate live vanna and charm as well. While my Gamma levels work for me now and then, I still haven't quite managed to work vanna into my edge. With Gamma for instance, it usually bounces off of my positive walls. But sometimes, price gets pinned to my wall where it stays for a bit before pushing through. Apparently its because the sign of the gamma wall flips and pushes price through, and that supposedly happens because of the IV curve flattening. But I'm still working on wrapping my head around it. Just curious if there are any videos or papers that you found particularly useful, I'm planning on digesting a few academic literature (Natenberg, Nassim and Hull to name a few) over the next few weeks to get up to speed. Right now I just trade GC and ES futures between the call and put walls while monitoring IVs, but I know I'm barely scratching the surface with it.

Vast_Ad_8414

ES 6920 smash it soon 🚀

Maleficent-Hold-5466

k enough of this ES pretending to give a fuck about the fkn KOSPI

whodey84

the second ES drops below 6850 GOOG/AAPL news break hits within a minute.

Strangerdanger8812

For the ES bois we fail here at 6850 or im fucked like butt

anonkraken

ES did close that daily gap overnight

MensRea_87

/ES trying to confirm a lower high on the longer intraday charts (30 min/2 hour). Need to get over 6800 and hold over 6800 for confirmation to the upside IMO.

Silent_Fault2969

ES_F bears held the back test yesterday and made another low.

Heineken_500ml

SPY and ES moving in opposite directions? what is this

johnlovesbigwomen

YOU FOOL! YOU SHOULD HAVE YOLO AT 637! QQQ IS OVERSOLD AND SUBJECTED TO A NICE SHORT SQUEEZE ANY TRADING DAY NOW. YOU ARE LATE TO THE PARTY! QQQ IS GOING BACK UP. I AM STICKING TO DAY TRADING. IF I WANT TO TRADE OVERNIGHT I WILL TRADE FUTURES! FUTURES REVERSAL OF OVER 200 POINTS FOR NQ AND 40 POINTS FOR ES MARKET ALREADY PREDICTING YOUR QQQ PUT SPREAD WILL BE OBLITERATED BY 9:30 AM EST OPEN! https://preview.redd.it/83u5skv94dzf1.jpeg?width=1080&format=pjpg&auto=webp&s=e7435860ad52cbc349b39b6019585eea81f5e8af

MensRea_87

/ES gotta get over and hold above neighborhood of 6800. Until then, this is just a bounce. But, I did call 6750ish to be the spot is was likely to start recovering from.

Maleficent-Hold-5466

ES down 0.6% and yall crying lmao

dontslambro

almost another .5% down ES futes, NQ is .61%

whodey84

Gotta break through a 'Triple Tylenol' level of 675 SPY 6800 ES 6770 SPX

nokarmawhore

https://preview.redd.it/nj41dhjnc9zf1.png?width=3214&format=png&auto=webp&s=51cba62ba345c4de6d088ee3dbbedbc13da90bdd 4HR candle back in bull flag and 4hr wavetrend fully reset. Just need ES to close today above 6843 and the party to 7000 is back on.

MensRea_87

/ES at a critical spot. If 6800 holds, then all this is is a retest of the most recent breakout area. If it fails then the breakout was a bull trap and we will be revisiting the lows of 10/10.

Silent_Fault2969

ES_F bears broke down structure and are in control.

giantfootsteps

+5 /ES long opened at 6880. Upvote to hold, downvote to close.

Beginning-Fig-9089

ES/NQ is flashing a rare signal called the Spigelian Hernia, where the insides of the market are spilling out, with no support

pineapplekiwipen

ES isn't even down a full percent we're fine probably

Content_Inspector778

ES_F broke down the bull flag.

f8worksbothways

**ES=F -0.52% overnight and falling. Zero sympathy for the bulls who wake up poor tomorrow.**

nokarmawhore

Buy the dip tomorrow. ES/SPY still in bull flag pattern and has yet to breakdown. As long as 6828 holds, remain bullish. https://preview.redd.it/m8u362m156zf1.jpeg?width=1080&format=pjpg&auto=webp&s=e1a0bafbbc70f32381769a9c47d5ee1a93a1ae57

Galadon17

Just saw this and yes, charm is pretty useful towards the end of day especially for 0DTEs. Gamma and vanna exposure matter more towards start and mid day, this is for trading ES using SPX options greeks. You'll have a positive charm zone below spot (which has a bearish pressure on the underlying) and negative charm above spot (which will have a bearish pressure on the underlying). The only issue is finding accurate data for trading this. I wouldn't use spotgamma since they use OI as a stand-in for matchmaker's trades, you need to go with a provider that uses trades flow analysis or something like direct CBOE data which actually provides market participant info. I do have a working model using OI (one that I made myself for personal use) and it is fairly accurate, but I'm working towards making enough money with my current model to buy CBOE data. Not selling anything, but just stating that the easy part is building the model. The harder part is getting accurate data, since almost every so-called "GEX provider, vanna exposure provider and charm exposure provider" has different data. Great models but ultimately it boils down to how bad do you want it to be accurate. And I don't think these so-called providers really care enough to get the most accurate data, since there isn't really much of an incentive for them to do so if their current models already get them enough subscribers.

Emergency-Ticket5859

Are we short ES fam

Maleficent-Hold-5466

won $200 on a megabucks ticket😏 down $2800 on ES since 6pm 😏

WVUMD

"Geep posteng abut do booble, wa steel ned do got do ES BEE WHY seveen hudreh" https://preview.redd.it/7ctgaa0s25zf1.png?width=600&format=png&auto=webp&s=70a379691bc36a8ef1a3f5321bc07e35421d7c79

nokarmawhore

https://preview.redd.it/gu0rnj3bz4zf1.png?width=3214&format=png&auto=webp&s=bd2a262510045d7e3c0993605a00975a81ed24f3 Not until ES closes under 6843. Till that happens, we are consolidating in a bull flag pattern for another breakout to 7000

eireniconic

meh, just bought an long ES contract for a trade. green by midnight.

orangeyougladiator

ES just went red. NQ diving too. VIX not giving up. Feels like a red day.

Silent_Fault2969

ES_F bounced off strong resistance.

WarmCalligrapher3006

lolz .. late night haters downvoting faster that i can type .. i posted a photo, it's like static tiktok ... xDD solid advice in the thread # Wu-Tang Clan - C.R.E.A.M. (Official HD Video) is of circumstance .. no shit, i broke the code, whats up with the hate? ... check that stupid photo i posted .. version 2 was fine, then move in a VIX /ES composite, but i fkd it up ... version 4 kicks ass with a Hermès shoe

spyputs1

Idk I’m seeing an inverse head and shoulder on ES

CMDR_Shepard96

Is everyone going wild over ES being 0.1% green? I'm confused

stupidber

Here's a link for all the retards that don't know where to see futes- [https://finance.yahoo.com/quote/ES%3DF/?guccounter=1](https://m.youtube.com/watch?v=dQw4w9WgXcQ)

optimaleverage

This has been the /ES pattern lately: new ath overnight or near RTH open in the pre... Initial rush of FOMO call buying at open into a healthy pruning by about 10:30 est selling the top to eventually retest the session low and reap that call premium for market makers. Bounce/chop inside daily range out the rest of the session. Ezpz watch.

Silent_Fault2969

ES_F bull flag forming.

seamonkey31

Most of these my recs are focused on S&P and Nasdaq, and I don't often look for individual stocks to trade trade brigade is my favorite. Focus on ES, NQ, RTY with MAG7 names. Also discusses any exceptional names to trade, but usually S&P type companies, no penny or meme stocks. The host is a bit nerdy with a michael scott vibe, so IDK if it works for everyone. He has made incredible predictions, but still only right \~30% of the time TopstepTV and NinjaTrader TV focuses on futures and overall market via indexes. Chart Guys is similar to Trade Brigade. SPY and Mag7 with occasional focus on outperformers, but different vibe, a "millenial mix"-vibe. Trader Tom has okay stuff sometimes. jimdaltontrading is an OG with very little content, but I still watch his weekly videos because how many people reference him. Options Millionaire is okay, but he does his show during market hours and its a bit light on information/explaining, but he is entertaining. TraderTV is also okay. Analysis and screening stocks during market hours less focus on indexes. Pretty light on info, but it might suit certain people. Also worth mentioning al brooks has a paid trading room. Purely focused on price action on ES if that is what you are looking for. I don't like listening to people talking while I am trading, but probably could help someone I can't stand watching people that push monetization or "get rich quick" type stuff

MensRea_87

/ES. 6905 ain't *that* serious. WTF you doing?

brucekeller

maybe if it actually breaches that base that /ES and /NQ formed basically all night

MensRea_87

Would try it around /ES 6930 mark. If that fails, try again at /ES 6955. But that's a dangerous play because if we get to those levels the market will want to make a new high. Lot of stops gonna trigger at open for people who went short into the close.

MensRea_87

Do not appreciate what the early morning crew is doing right now on /ES.

Silent_Fault2969

ES_F resistance getting accepted.

Wisertrader

I only trade futures options, and more specifically options on commodities, no ES! there was no bull market there! Its all over the place. I exit everything before April 2nd as tariffs have direct impact on commodity prices, I also haven’t traded in October due to the US/China negotiations which have a major affect on commodities as well but everything turned out to be okay for now

MensRea_87

That's what I called earlier when SPY leaked down into no mans land EOD. That was the signal to everybody we were going to gap down. Only to reverse off earnings. Just need the overnight crew for /ES to not fumble in the red zone of ATH's.

MensRea_87

Assuming the /ES crowd doesn't do anything ill advised, the short squeeze on the table tomorrow gonna send us to ATH's no cap.

dontslambro

Oh pls Tim, save my ES futes, with an absolute ripper

TrickyDickCheney

ES futures will likely fill the gap with earnings and will probably start going up again

TrickyDickCheney

Spx at least going to gap fill on the futures before it goes back up. ES futures never leave a gap

Silent_Fault2969

ES_F chopping

Maleficent-Hold-5466

i got that limit sell ES 6999 bring me to valhalla or dantes69th hell or w/e tank the fkn market once im short is what im saying

aaron-roger

jesus christ man we're at the point here where its upvoted that you can't buy ES calls at 9pm ET. like. wow. you guys are really setting new records of retardation.

Striking-Arrival1206

ES options trading 23 hours a day

aaron-roger

i am long ES, +$2700 since 6pm

Silent_Fault2969

ES_F bull flagging

Silent_Fault2969

Micro dips gets bought as ES_F continues to run from it's breakout.

Atlantis_Island

[this is definitely the top](https://ei.marketwatch.com/Multimedia/2016/07/21/Photos/NS/MW-ES129_top_20160721110302_NS.png?uuid=3846c1ac-4f54-11e6-9f44-0015c588dfa6)

iH8thisworldandyou

Does that apply to /ES as well?