Reddit Posts
Can anyone explain to me what it’s like to trade SPX after hours? What chart do you look at? How do you track it at night?
while everyone was buying 0DTEs, i was slowly grinding ES
Weekly credit put diagonal on ES and NQ as a partial hedge
Flat SPX while MAGS and semis rotate in opposite directions
What is the Tax rule for "constructive sale/straddle treatment" of futures on SPY
$HSI bounces off support looking for a strong rebound
Nio ES9 to hit 10,000 deliveries this month as exec disputes Li Auto chassis test
$NIO Due Diligence: 112% YoY Revenue Growth Meets a Commodity Reality Check
$NIO Due Diligence: 112% YoY Revenue Growth Meets a Commodity Reality Check.
Market Feels Weird Right Now With All the Iran Headlines
Market Protect order on ES futures option filled at 4.50/5.00 while Time & Sales showed ~32/35
Comparison of the 5 prop firms that let you trade options
Comparison of the 5 prop firms that let you trade options
Am I missing something by not using order flow? (TOS + TopstepX user)
Someone has been farming SPX 0DTE options with fake geopolitical headlines all week - receipts here.
April 14: $ES leading and Stocks working with Friday’s highs
April 14: $ES leading and Stocks working with Friday’s Highs
I built a multi-agent AI system that produces institutional-grade stock research reports in 10 minutes
UPRO $432 YOLO, avg 99.16, stop at 105: poor man's 3x SPY trade
April 8: Price Discovery + Conditional Momentum $ES
April 8: Price Discovery + Conditional Momentum $ES
NIO Stock Surges as ES8 Deliveries EXPLODE — What’s Next?
Why are Members of Congress so bad at making money?
Why are Members of Congress so bad at making money?
Stock market today: Dow, S&P 500, Nasdaq futures steady after relief rally on Trump's hint of Iran deescalation
Just five minutes before the announcement to halt the strikes on Iran an insider bought $1.5 billion in S&P and sold $192 million.
Stock market today: Dow, S&P 500, Nasdaq futures soar as Trump postpones Iran strike, citing 'very good' talks
Stock market today: Dow, S&P 500, Nasdaq futures fall as 4-week down spiral continues, Trump threatens Iran
Tips on layering directional risk management onto a premium selling strategy (tools and indicators)
NFP Shock Was Mechanical, Not Fundamental - And Small Caps Took the Hit
NIO signals first-ever quarterly operating profit $100 million to $172 million. Stock up 10%
Finally stopped blowing my accounts, by removing my dumbass🤡
Interesting 0DTE trade on futures last night (Jan 19)
1 Year Trump. SP500 underperforming all other markets.
Tuesday, January 20th. 2026. Premarket LIVE: /ES, /NQ, TSLA-Key Levels TSLA 5-Min Open Range Trade.
Friday, January 16th. 2026. Premarket LIVE: /ES, /NQ, TSLA-Key Levels TSLA 5-Min Open Range Trade.
Collecting questions for SnP market maker
Nice start to the week, 2 winners
Why are CME margins $25,000/contract for the S&P500 e-mini contract (ES)?
U.S. stocks extend gains as the Christmas rally continues.
I usually wait for 3 Indications before going Long or Short. I use this overlay for GC / ES / NQ on the 15 minute chart
Gamified Foodtainment Content Coming to Connected TV and Mobile Advertising Through Groundbreaking Partnership Between Super League, Meta-St
Here's how I've earned $104,000 (net profit) so far this year as a developer
What moves the QQQ/SPY/ES/NQ? Is it the underlying stock? Or the actual buying/selling of the etf/future?
$SLE Gamified Foodtainment Content Coming to Connected TV and Mobile Advertising Through Groundbreaking Partnership Between Super League, Meta-Stadiums™ TasteViral Platform, AdArcade, and ES3
A2 Gold (TSXV: AUAU | OTCQX: AUXXF) : 3-Hole Core Program Complete at McIntosh, Assays in 4–6 Weeks
$3K -> $61K options ES futures. Now selling spreads, not a hedge fund yet but lowered max risk to 2%
$3K -> $61K options ES futures. Now selling spreads, not a hedge fund yet but lowered max risk to 2%
$3K -> $61K options ES futures. Now selling spreads, not a hedge fund yet but lowered max risk to 2%
$3K -> $60K -> $15K -> $45K trend following this month with options on ES futures. See text for more
Futures rebound after Trump softens China tariff threat. Dow +0.7%, S&P +0.8%, Nasdaq +1.1%
Mentions
Can you guys see another 150 point downward move in ES/spx?
4 days ago the daily ES candle opened outside the lower bollinger band. Today the daily candle opened outside the upper bollinger band. And people are still chasing calls. You guys need to chill. So late to the party.
Sometimes the play is to just wait. Wake me up when ES is trading back under 7700 so I can get my butterflies back on again. Right now, I'm just a caterpillar, sleeping and waiting for the right moment.
the current /ES price is once again the ATH
30 mins before bell the /ES always has this mini-dump dont worry about it
I did a similar trade. Bought 50x Aug5 ES future calls at $1.58 w/ 7650 strike when futures market opened Sunday and sold at $92 Tues. They are currently worth $150 with a day left but I chickened out and took gains early. Not bad for 4k gamble. Have another $4k gamble expiring in 5 days. https://preview.redd.it/1j1da80f2ihh1.png?width=1834&format=png&auto=webp&s=b53bd1debe090552769e98798dc34218b4279058
ES 7800 & SPY 755 about to sync. This is a good reject point.
The floor for ES at the moment is about 7700. New money popping up at 7850. This is not financial guidance. Do with it what you will.
maaaan, ibkr got my hopes up for my spx puts by printing a big fat red candle on the ES chart even though futes are paused rn
Is this a crash for ants? ES barely pulled back 10 points lmao 😂😂😂🤡🤡🤡
Thanks for the inspiration. I trade ES exclusively on orderflow and am able to buy bottoms most of the time, but am not able to hold till the end due to the symmetrical risks of futures. Am going to try this strategy for the high conviction bets.
/ES on the 5m chart has traded above 60 RSI literally all day long
The 3rd Friday is the major monthly SPX expiration, and that major expiration is in the morning, not at the end of day. There is more OI and volume on that expiration than any other. But, being that there's a tight correlation with major stocks and the indices, you do tend to see more volume and open interest on individual stock 3rd Friday expirations as well, as they're all being hedged around the same potential pivot point. So, I don't know if those carry more premium/volatility, but certainly those expirations are more liquid. Those expirations also have the tendency to be inflection points, as certain types of large options exposures can keep price pinned near one strike or another as we get close to expiration. But, once the expiration happens, suddenly we're more 'free' to do real price exploration again, so, the behavior in the 2 weeks leading upto the 3rd Friday expiration often end up being rather different than what happens in the week or two that follows the expiration. There have been several instances where price remained "propped up" until that expiration, and then suddenly we'd reverse and fall in that window as the expirations hit. Also, 30 days \*prior\* to a 3rd Friday expiration is the VIX Options expiration--on a Wednesday morning. That can often be just as crucial of a turning point as the 3rd Friday options expiration for SPX and the individual stocks in it. When the 3rd Friday is also coinciding with what will be the end of the quarter at the end of the Month (March, June, September and December) you get "triple witching" because the index futures are also rolling over to the following quarter's contracts, so futures traders are closing out of their long or short positions in /ES and rolling them to the next quarter's, or changing their positioning entirely as they roll in some instances. So yes, funky things do absolutely happen around these expirations. Sometimes it's an inflection that frees us up to move more aggressively one direction or another instead of staying stuck in the mud near a specific range of exposures. The end of month and end of quarter expirations are the next biggest and important expirations behind the 3rd Fridays. We're seeing some wild moves up right now as we're still in the post OpEx window where we're more free to move around, but starting next week, we should start to slow down some as the 3rd Friday options start to become more magnetic. With that being said, I'm not seeing a whole lot of large dealer longs within the straddle price of the August 21st AM expiration. There's a lot more dealer shorts, which means less things for us to magnet and pin towards. So, maybe August remains a bit of a wild month through into the 21st. MMs basically just amplify what the larger market is doing and don't countertrade us when there's minimal long options on their books in a price range. Might just stay choppy...
lol 1 pt drop on ES - bears calling recession
So I guess we will see 7800 ES today. Fucking Crazy!!
/ES continues to run after large bull flag breakout.
ES -3 stdev BB to +3 stdev BB in 4 days lol
/ES went from 7350 to 7650 in 3 days light work
Yeah hit all time high. Not ATH for ES tho
Not a ber or a bol. Just not retarded. ES ain’t breaking 7650.
Algos painting a fake inverse HS on ES 1m lmao. Red by open.
$ES1! Thats the futures contract price. It's not exactly one to one but close enough
Are algos just drawing a fucking pikachu on ES lmao
ES about to touch all time highs, but NQ still down from the peak. 👀
Best case scenario it tanks here. Worst case scenario I sell my ES longs lmao.
I usually trade ES, but decided to dabble into NQ
ES is better if you like levels respected, trading NQ is like riding a wild horse
is today your first day on futures, NQ covers a shitload more ticks, ES is for the ultra patient or geriatrics
Why didnt anyone tell me NQ moves better on futures than ES?
You need to use ES1! / S&P 500 E-Mini Futures And it’s delayed by 10 minutes if you don’t get the CME Group market subscription https://preview.redd.it/rmc4axw8q8hh1.jpeg?width=1179&format=pjpg&auto=webp&s=dca736d877a72b2c310a5916bf768ea19d3894ed
ES 7620 is where we go down, not sure we hit it today, tho.
ES put entry no 3, it is time
And ES put entry no 1
Over 200 points from last Wednesday's /ES bear trap.
weird divergence between ES and NQ
ES futures up 0.50%, proving you don't need to care about KOSPI (or Asian markets) at all
get a broker that has futures data. mes / mnq . you look at the current contracts, until everyone switches over to the next month's contracts. You have to actually trade futures / futures options to engage during those timeframes you are talking about. Essentially whatever MES / ES does overnight is where SPX will open in the am. Futures trade 23 hours a day during the week starting at 3pm sunday in my timezone. On my broker ibkr, i have to pay for the futures data to get live futures data, but it is pretty cheap. Don't trade full size contracts, only minis / micros... chat gpt can help you find all the symbols to make sure you know the notional value of what you are trading.
My 20 /ES calls say yes. Hoping we open big in a couple hours. I'm going to sell them on the pump before it trump dumps Monday morning.
If you're serious, I recommend [Adam Mancini](https://x.com/AdamMancini4), who trades ES futures. He never talks about his losses, but his trading style suits me and I mix it with my own. What's most important is risk management, otherwise it doesn't matter what instrument you trade. I used to follow WSB's advice, but lost a lot of money, then decided to change, learn, and improve. I wish you good luck and learning! 🙂
This is exactly how I learned to stop fighting theta. Waiting for the shelf break + GEX flip is way cleaner than just buying puts because "vibes are bearish." The 1h/4h delta flip on ES/NQ is a great tell - I started watching dealer flip + spot gamma levels around -0.5% and it filters out a ton of fake breakdowns that used to stop me out. 3 DTE and same day exit is smart. I was holding overnight and getting murdered on vol crush. Do you size differently when GEX is super positive vs when it's already pinning to flip negative?
Bombing Iran is so bullish I’m expecting minimum +1.2% ES futes
I’ve only started making real returns after I come here to read moronic statements and then ignore them all as well as all msm, watch a few separate independent commentators and trade the chart using RSI, Fib retracement on multiple time ranges. Chart trends within the fib ranges and trade off that. Completely ignore binary bets on earnings etc and react to knee jerk reactions after a confirmation on the 2nd candle on a 15 minute chart. Most bets happen after 7pm and 3am on /ES and closed by 7:30am SPX is traded after 2nd candle on 15 min, on movements contrary to chart data for intraday. Rarely anything late day unless the chart is showing full retard.
I usually do by hand since SPX options only trade in multiples of 5, so more precision won't really affect my choice of strikes anyway. But if you want 'realtime', just use above method to get SPX / ES offset at 9:25 AM, e.g. **offset = SPX\_9:25\_estimate − ES\_9:25** Then a custom indicator plotting **ES + offset** gives a live SPX proxy right through the open. (Claude or any AI can easily generate the code for your charting software) Just remember to recompute each morning's offset since it drifts overnight.
Futes and options are sorta tied together, since MMs will usually sell/buy ES futures to offset their positions. Hence why you see most of the juicy movement in pre-market/after-hours. I have very little knowledge about futures, but I would assume that their contracts would have similar metrics.
Holy shit ES crashing it’s fucking over
We broke the down trend on ES well just have to see 🤷♂️
I only do 0DTE ES options and never hold anything overnight. Today I made zero trades but gambled all day at NSCC in Chicago and will be pulling gem mints the rest of the week.
Amazing work man! I just made the switch from SPX 0DTE options to MES today (so I can get comfortable before switching to ES which is more close to position/risk I would trade in SPX, but is still scary to pull the trigger due to margin requirements). May I ask, how many lots do you trade? Is it 1 to start and no pyramiding (doubleing down)? And say if I have a +/- 100k account (w/ +/- 30% cash), how many lots would you trade? I want to do 2 ideally but even 1 con seems scary to open 😅
/ES is the E-mini S&P 500 futures contract. >ES Futures trade at a premium to the SPX index due to the cost-of-carry relationship, which reflects the difference between the risk-free interest rate and the dividend yield of the underlying stocks.
NQ tapping into bearish fvg + diverging with ES equal highs. After deep anal, I’ve concluded puts is free money.
sure. i trade ES using orderflow and volume profile around key levels. i'm currently trading about $1.4m capital, but i still only risk around $200 per 50k account (2 MES), $400 max for the day if everything lines up. i think keeping risk small is the biggest reason i've been consistent. i stream my sessions live on youtube if you ever want to see the whole process (Sato Trades) instead of trying to explain it all in a comment.
Damn, been trading ES as well but only 1 contract at a time. Hope to reach this amount in the future. How many contracts are you scalping with?
OP, I want to get into ES futures for so long. Can you please walk me through your process? Most importantly, how much capital are you risking? I am following a similar approach but with TQQQ/SQQQ and the yield is not where I'd like it to be.
96 green days in a row on ES is actually insane, most traders cant even do 10 without blowing up their account. whats your typical size for these, like 2-3 contracts or you scaling bigger?
ES been pinned at opening price from 2 days ago, which is why spy ain’t moving if you don’t look at ES too you don’t get the full picture
IMPORTANT: NQ and ES divergence
Seriously some of this biggest douche bag comments I have seen - not surprised this is Reddit. IF I held ES futures I would have MADE money. IF I bought an options expiring further out, my guess is that I would have MADE money. I just wanted to know how I could have calculated some of that overnight risk despite the huge move up overnight - I lost apx - $200 nothing was blown up, yet the "expert commenters" want to scold me rather than educate me. Some of the comments were good, but as for the rest of you - some Nasty people!
Atleast u didn’t have ES puts like me at open
wow tons of volume on the open, on ES futures at least
What the fuck is this guy talking about? NQ/ES are nearly down to the 30 Week MA.
I remember after the initial post-market pump yesterday there was somebody saying that they were essentially gifted a good short entry on ES futes. I was like bro don’t be so sure of that 😅.
Yo ES/NQ entering into danger zone
I had this very same issue trying to trade SPX right off the open. Best way I found is to look at SPX 0dte options around 9:25 AM Eastern (overnight session ends 5 minutes before market open). Look near the money and find the strike where put / call midprices are roughly equal and that's your estimated SPX price at 9:25 AM. If you want something more precise, then use put-call parity near the money: **SPX 9:25 AM estimated price ≈ Strike + Call midprice - Put midprice** btw I also make a slight correction by looking at ES futures around 9:29 AM Eastern: **Estimated SPX open ≈** **SPX 9:25 AM estimated price + ES futures price (9:29 AM) - ES futures price (9:25 AM)**
ES right shoulder complete; time to bury the exit liquidity
Comment had me scared for my ES short. Then I look giant red dildo
If you’re not buying ES puts here you wear a helmet.
I dont understand why every ES candle follows the kospi. a tiny market pushing around the biggest market
i am once again thankful for exit liquidity gifting use these juicy ES put entries during overnight trading
Why 7473? What's the importance? (ES) Seems to have one.
Just watching ES and NQ creep up
ES is 125pts from ATH and you and the rest of the crack babies are crying the sky is falling. I cannot wait to see the looks on faces when ES falls 1200pts https://preview.redd.it/35rtvknvv8gh1.jpeg?width=479&format=pjpg&auto=webp&s=edd4c400ae9f955d592d5dad6801f58e8f802d99
and here's your ES put entry, LFGOOOOO
An ES put entry this early in the overnight trade. You love to see it.
Why didn't you just short it at the double top (7480 in the ES)?
https://old.reddit.com/r/wallstreetbets/comments/1v99hsu/what_are_your_moves_tomorrow_july_29_2026/p0de3wf/ > Come back from tbell to find the perfect ES 7500 put entry. Thanks exit liquidity! This trade from last night is now over 100 points in the money. Remember exit liquidity, downvoting doesn't bring your money back.
Inshallah I need ES back to 7430 and I’ll take my break even 😂
I will have to see if using the 5:00 level for /ES makes more sense and yields something more accurate. I will also see if TOS uses 4:15 instead of 4:00 or 5:00. For some reason my “after hours” gray area in TOS starts at 4:15 with /ES, not at 4:00. 🤔
I didn’t know names staggered in like that. Thanks for the information. Also, whether we are talking about SPX, SPY or /ES, the market moving the options or the options moving the market has become a “tail and dog” discussion as of late. And recently with the overall increase in derivatives trading in general and 0DTE in specific, many feel that nowadays the tail is wagging the dog. Or, same argument told differently, that the options market has now become the dog.
Just to be concrete about this: SPX = ES \* e\^(- c \* t) Where "c" is the cost of carry and "t" is the time till expiry. The time to expiry is typically measured using the Actual/365 convention when means pct of a year. So the next expiry is Sep 18, which is 51 days from now. That puts t = 51/365 = .14. Cost of carry yesterday was about 0.03. This does not tend to move very much, but it does move. It is however, determined by market forces: what the market \*thinks\* interest rates will be and what it \*thinks\* dividends will come out to. So as I say, I estimate it by just solving for it based on historical data. I tend to get very reliable out-of-trading hours estimates this way.
If you're going off of point differences to "yesterday's close", there's a decent chance your tool will compute SPX against roughly 4 pm ET and ES against 5 pm ET. (Eg, a 5 point slide in ES between 4 and 5 pm *could* create an artificial +5 point signal on the SPX open under these conditions) Current interest rates should only account for maybe 2 ticks/day in ES. Dividends in SPX components could be noticeable. That should only cause a lower opening print in SPX, never higher. Side note: the SPX option chain should still be updating before the open (excluding 9:15-9:30 ET), so you can sanity check/guess the index level by estimating the ATM contracts (obviously use contract prices and not blindly following whatever your software is calling ATM)
SPX is an index measuring last-trade-of-500-stocks. At 9:30:00 only some have opened. Nasdaq names cross instantly, NYSE names stagger in over the next few minutes. So the print is part fresh gaps, part yesterday’s closes, and converges to the true level as more stocks open. That’s your +20 first candle. SPY/ES match each other because SPY is an ETF and they’re single instruments trading continuously. (Also: options don’t move SPX. SPX drives the options, not the reverse.)
In general, SPX and ES will differ by a multiplicative factor which is determined by two things. First, the "cost of carry", which includes the risk-free rate as well as some other things (like dividends) and second, the "time to expiry", which is how far we are from the next ES expiry date. This factor approaches 1 as the time to expiry goes to zero (so that the SPX and ES price are the same). The last expiration was in June and the next will be in September. So the accuracy of your estimate "jumps" each time we pass an ES expiry date. Right after an expiry, it's not great. Since you can easily find the time to expiry of ES, the only "unknown" is the cost of carry. I usually back this out by just looking at some historical data (say the past day or two) and solving for it. You can then reasonably estimate the SPX price given the ES price using a standard futures pricing model.
What on earth is going on with the magical resistance for /ES at 7477, why can't it just go to 7470 already?
So were the Koreans just rage selling ES the entire Asian session or something?
No. When you buy put then the MM that sold you the put is now short put. Thus long delta. To hedge, they will have to bring the delta back to zero thus they will sell stock. In reality this depends on the underlying. It might just sell /ES futures or whatever. But the general idea is true.
Something interesting ive been paying attention to the last few sessions, despite the down tape in NQ and ES, RTY and YM held strong. Tonight that flipped and correlations are high. That is exactly what you want to see for the actual sustained down move occur. Correlations need to drift toward 1 or else the move wont hold.
ES/SPY holding up like this given the state of so many stocks is insane
https://old.reddit.com/r/wallstreetbets/comments/1v99hsu/what_are_your_moves_tomorrow_july_29_2026/p0de3wf/ > Come back from tbell to find the perfect ES 7500 put entry. Thanks exit liquidity! Just remember, downvoting doesn't bring your money back idiot exit liquidity
Come back from tbell to find the perfect ES 7500 put entry. Thanks exit liquidity!
Swing TDOC momentum into ER. Short any strength on SOFI and grab some GOSS below .18 Play /ES overnight until Europe sells off.