ES

NonsensicalWorries

ES is up .2

ReconnaisX

Play it safe. The magnitude of that last red bar tells me you have a lot of risk tolerance-- maybe too much. Did something similar with ES futes earlier this year. Went from +160k to -30 after holding onto two bad trades way too long. I'm back up now, but I'm playing with much smaller numbers this time around.

ImportantProofAcadia

/ES Futures aren’t exactly one company, I feel like it is more amenable to statistical analysis because it aggregates quite a few of them, although the trend following is awesome more based on analysis of sentiment day-to-day. I don’t think anyone can be right 100% of the time though but it’s good to qualify things.

Vast_Ad_8414

/ES 7000

GotBannedAgain_2

We r less than 40 ES points away from making new ATH. We r definitely blasting off tomorrow.

Silent_Fault2969

ES_F working up the range after bears failed in defending the back test.

MidwayTrades

/ES is another option if you are comfortable with futures. Most brokers have it.

Silent_Fault2969

After ES_F broke down the flag and sold, it set a bear trap. Bulls are not safe yet until they recover the flag.

PapaCharlie9

Delayed quotes can be up to 20 minutes in arrears. That can be an eternity if news hits markets. The 100 point discrepancy could be explained entirely by not comparing real-time to real-time. SPX options vs. /ES are more tightly coupled by design. GLD and /GC are more loosely coupled. The market makers making a market for SPX options use /ES pricing to guide their pricing of SPX options, in order to avoid an arbitrage. That is not the case for market making on GLD options, since options only have to track the spot price of shares. Also, SPX and /ES are valued to a common asset (sort of, SET being not quite SPX at a given moment in time), while GLD and /GC are at one remove, since GLD options deliver shares while /GC delivers cash in lieu of spot gold. As I mentioned before, the ETF has tracking error due to fund management overhead. /GC on expiration day will track spot to the penny, but an ETF doesn't have to do that. How could it? Gold trades 24 hours a day, but ETF shares only trade 6.5 hours a day.

Silent_Fault2969

ES_F is flagging for large move soon.

Mobile_Wishbone643

Gibson ES-335 or a Martin D-28… which one should I get

Chance-Screen3602

Sorry, 100% options n00b here and am coming up with more questions than answers the more I dive into this. But AFAIK, I was comparing the current price of GLD from a delayed feed on [Barchart.com](http://Barchart.com) (378) to the current price of GCZ5 (4120) which is what I believed should track tightly but clearly I'm either doing it wrong of the market is out of whack. I have a Gexbot-type indicator that tracks SPY vs ES and that correlation is tight and was hoping I could figure out where the strikes were on GC (because yes, I'm trying to import SPX vs. /ES GEX techniques to GLD and /GC). But I see now that there are options on Futures available for GC...but why wouldn't the ETF be used for Gold Futures as well? And couldn't a volume/ strike indicator be cobbled together for GC?

PapaCharlie9

Just to be clear, you're comparing calls on GLD to /GC of the same expiration, correct? Not shares of GLD, which should track spot gold pretty closely, net of fund overhead costs. Since the deliverables and market structures are different, I wouldn't expect calls on GLD to track /GC of the same expiration as closely as, say, options on SPX and /ES futures of the same expiration. Though I admit that 100 points seems quite high for a tracking error.

tomsacies

The fly you are looking at might be cheap for a reason, as you are buying a very narrow range. The ATR on the ES is above 100 points for the last week, and you are betting that the ES will finish inside a 45 point range in exactly 7 days. Since most of the value comes from the last day of trading, you are betting on the probability of hitting a very tight price range at a very specific time. Also, it is practically impossible to open a fly for a credit, as arbitrage doesn't allow you getting paid for taking on no risk. A credit fly is something you might find by taking the mid-price on instruments with very tight bid/ask spreads, like SOFR futures. Where it's not possible to get a fill on all legs that is better than the bid or ask (example mid-price on all legs), so it is important to always take the correct price for calculating the fly, and it will always be for a debit.

Silent_Fault2969

ES_F chopping now after 200+ point rally from Friday bear trap.

Silent_Fault2969

ES_F bears having trouble defending the back test. Bulls control above.

CUbuffGuy

It’s crazy how fake the market is. You’re telling me with all the regards buying and selling / yolo’ing derivatives that ES can’t move fucking 25 cents away from where it’s been for 30 min

dontslambro

trying to get a fill on some ES futes long. Long week to make back the 35k I lost last week.

Desertbears

Add the ticket on robinhood /ES

AirportMaterial5917

/ES what is u zoin

EvolvingDior

Both ES and NQ are down from futes open.

stupidber

For all the retards that don't know where to find futes [https://finance.yahoo.com/quote/ES%3DF/](https://youtu.be/dQw4w9WgXcQ?si=dN3bWbDpCOwtuZFH)

Ifuloseulose

ES1! on Tradingview

FinancialHearing1638

ES (E-mini S&P 500 index futures)

biggun1998

nah, returns is kinda suck. 4DTE ITM is more appealing; I like the short-term reward. The RSI and MACD on 30min candle is working well for me future tho. Like the GS and ES.

optimaleverage

It's 2 hours away and I can already smell ES futes rippin.

wentwj

Someone was recently explain this strategy to me where they were long 1 ES and short 10 MES, apparently they'd open the two positions at the same time, then sell one when it went into profit and then hope the other one would go back into profit. No matter how much I explained that having both positions open at the same time was pointless they couldn't understanding just kept saying "but sometimes, both of them end up green!"

Silent_Fault2969

ES_F flushed and trapped then squeezed. Now bulls have the chance to run it up the range.

GotBannedAgain_2

You’ve got ballz, I’ll give u that. After the 100+ points reversal on ES; VIX getting crushed…Good luck!

GotBannedAgain_2

I fucking closed my ES long like a pussy early morning, b4 4AM. I had a beautiful entry, right around 6572. 😭

GotBannedAgain_2

That’s when I got the fuck out of my SPX CCS. Shat my pants as I had bought those right at the bottom when ES thought it was fun to keep moving up.

Silent_Fault2969

Hold runners for the range to clear when ES_F unpins from OPEX.

MarginCalledManager

why would you sit out on the literal best day of the month for trading SPY and /ES options?

Kind_Initiative_7567

The real money is made with ES options, it seems

baconography

Yep, from 7 AM until 9:15 AM. IBKR is even better, with 24/5 trading.....but you have to follow /ES tickers and cross-reference the options chains pricing from other sources if you don't want to pay for the extra services on their site.

Silent_Fault2969

Traders taking advantage of ES_F moving 50+ point easily.

GotBannedAgain_2

Definitely not. It’s too risky. We r only down 200 points on ES from the top. VIX over 25, premiums r jacked due to inflated IV. If u have the capital, buy stocks. Or sell CSPs. But u do u. I sure as hell will not be taking my own “advice” and will yolo into 0 DTE options like a fucking moron.

GotBannedAgain_2

ES u stupid cunt! Don’t bounce now! I need cheaper prices.

GotBannedAgain_2

Sweet sassy molasse! We r down almost 100 points on ES. Guess mango and his pen pals really wanted that dip. Time to cook with bleach, boys! Fuck them soy boys.

Commercial_Ease8053

About the worth of a new 2025 Lexus ES 😭. Tomorrow is looking to be the third in a row.

Impossible_Notice204

MOC was $2B to the Buyside on ES - that means spy goes up ye baby

nonner101

Just add /ES (SP500), /GC (gold), /NQ (Nasdaq) etc to a watchlist

Silent_Fault2969

If ES_F bears fails to hold the back test, bulls will regain control.

EvolvingDior

MMs have done an amazing job keeping /ES pinned below VWAP since the AH market closed.

Evening-Nobody-7674

Is the ES bear flagging 

Ok-Piano8789

ES would be -5%

TechincalTrader

Just at the half and full gap fill. Traded 2 ES from the 6740.

jameshearttech

I check my 401K once a day. I check my taxable account multiple times a day. I'm not making changes, but I like to know how the positions are performing. I also check futures multiple times a day (e.g., ES1!, NQ1!, BTC1!, GC1!).

Silent_Fault2969

ES_F's final back test to determine if it bottomed last Friday.

taplar

If you have realized such a large amount of gains, you need to speak with a CPA and figure out your taxes, or look into working these 1040-ES form to see what your estimated taxes are. If your numbers are any where close to being realistic you are going to want to pay estimated tax payments before April or you are going to be hit with late penalties. 

Silent_Fault2969

ES_F chewing through supply at resistance.

Desertbears

Hey futures slingers, do yall prefer NQ or ES?

Silent_Fault2969

ES_F 110+ points from this morning low.

dontslambro

ES SPY levels are going under the 20 DMA and gettting near the 50, A lot of funds have to adjust accordingly and this is starting to look like the beginning of a significant pull back. Yesterday was just a higher low.

Silent_Fault2969

ES_F bears defended the back test.

Salty-Bid1597

ES, NQ, Z for FTSE and N255 for Japan

dub_soda

Just hit that gap on ES so going back back up now

GotBannedAgain_2

Was busy shit talking and laughing at bulls. Meanwhile, ES casually moved up 20 points less than 20 minutes. Fuck me!🤡😭

Bauchigawauwou

Bought RGTI and IONQ Puts too yesterday, as the ES futures are currently down 40 points i guess we can still hope for the meeting today being bearish, otherwise we will look at -50% (:

teapeeheehee

I typically watch ES mini futures for after hour action - are there other tickers i ought to keep an eye on for after-hour sentiment?

Content_Inspector778

ES_F 170+ points from Friday's low.

BusinessGoblins

We climbed over 6700 on the ES. and just like, bears went back to getting anally pegged.

Desertbears

Long ES or gold right now? Kinda scary to get into gold or silver right now with the year it's been on

vegainz555

I will have to disagree with many of the commenters. The problem isn’t that they were 0DTEs or that SPX shouldn’t be held for longer than a few minutes. Let’s look at the trade itself. First, you bought fairly OTM options. SPX opened on a sizable gap up, but still in previous day’s range. It then continued to push higher into a previous resistance zone. On NQ, that was around 24,900 and on ES around 6700. So you bought around 10am when the market was pushing into this resistance zone. What was the thesis? Full retracement of the move with no pullbacks? Or just a quick scalp? At that point, SPX pushed about 20 points over 15 minutes. It was extended from VWAP. Moving into resistance. On a gap up in the middle of the previous day range after a major news catalyst that wasn’t fully cancelled out. So the problem wasn’t greed or 0DTE. It was just poor trade location. We want to buy either at the bottom of the range or on a break through and hold of the top of the range. So we either buy if we see holds at the premarket lows - around 6620-6625, or we wait for acceptance above the 6665-6670 area. And even then, buying that far OTM would be less than ideal. Those cheaper, farther OTM calls can have a spot in our playbook, but I would say that they make sense when there was a significant selling and the market is basing at the previous solid support. Then our risk/reward makes sense because if we are right and the market can push high enough on the bounce that we can get the ITM flip to get paid at about 3:1 or 5:1 rate, or even higher. There a was a day, I think the first Wednesday of September, when ES sold off but didn’t have its typical bounce for a couple of hours, while the price was consolidating around a support level. But the sellers couldn’t push it under, while the buyers weren’t ready to step up in a big way. Then about 30 minutes till close, the sellers must’ve started to cover, and the squeeze began. Situations like that would be sensible for a far OTM calls. If you need more help with the levels on the market, I would recommend Vince from options insider or Matt from Trade Brigade. Their daily premarket livestreams provide tons of value and are free. You can mark up key zones on your charts so that you have stronger trade locations. Good luck! 🍀

somecleverphrase

i like my toyata but Lexus would be next. I like reliability more than anything. ES 300h is my next car

thefxll

ES heatmap that calls has audible buy/sell iceberg, sweep and absorption callouts [https://www.youtube.com/live/Y48cg6r5EO4?si=JZK4ia2CNUZIvUiG](https://www.youtube.com/live/Y48cg6r5EO4?si=JZK4ia2CNUZIvUiG)

MitchCurry

Bot is still broken. ES\_F comments stuck on repeat.

Silent_Fault2969

ES_F back tests broken supports will determine whether this is a larger dip or bottom.

Desertbears

ES is stuck at 6830

Desertbears

Ugh should have just stayed in gold or silver instead of touching ES

sumeranon

ES=Fishdicks

Desertbears

Instead of trying to do cute scalps here and there should have just gone long ES and put my phone away

braxhusky

Yes can trade options on ES

Ok-Piano8789

u can buy ES calls rn

paq12x

President Trump tweeted about massive tariffs. Stock tank immediately. Just before 4 PM close, he clarified that "massive" means "100%" extra tariffs. The stock dropped even further. Around 6 pm Friday, President Xi responded, saying that the requirement for export licenses does not mean "no export". SPY recovered most of the after-hours drop. President Trump then tweeted, "Don't worry about China," and /ES recovered further. Now all we need is a "no additional tariff, we work out a deal," and we'll be back to ATH.

stupidber

For all the retards that don't know where to find futes: [https://finance.yahoo.com/quote/ES%3DF/](https://youtu.be/dQw4w9WgXcQ?si=SOYskkwzewwwV6G2)

Semia

Please lmk if you find out. ES-F just says data unavailable for me

undermon

ES bids already lining up at 6470

Reasonable_Roger

SPY 652.15 = ES 6584. +32 gap up on futes is opening flat against SPY

FanZealousideal1511

Yes! With options, too! Check /ES (and /MES for 1/10) out.

Desertbears

Sounds like I am going long ES in a few hours

daedalus_dance

ES1 Futures fell so much they went beneath their 50 day EMA and closed right next to it. Market might cross into a bearish trend for a bit? Maybe I'm being a bit ghey >\_>

Desertbears

Deposit cleared, ready to go long Sunday afternoon let's go ES

Silent_Fault2969

ES_F lost it's uptrend channel support from May.

Putrid_Leg_1474

At 10:55 I sold out of a long OTM ES put spread for chump change. Precisely 3 minutes the price breached my long and shortly there after my short. That was my only short protection. Wendy's is too high class for me.

Lightningstormz

I made 1.6k on ES mini futures(I also trade options) since every tick I was able to take advantage of, so when the big drop happened the candle was ferociously going down, and the ticks were going wild. Every time it did a micro pull back up I brought, then when it dipped down I sold. I use webull and use the Turbo Trader widget which lets you buy market and sell market extremely fast. Crazy risky but I did it 😂

Ok-Cod-6740

Locked myself out of trading after making $1100 or so, maybe a good decision, or maybe not. I thought it was probably not a good thing when I saw the drop in the futures, \[quote\]Probably\[/quote\] could've made 100k from the 130 point drop in the ES. Probably would've lost it all. Who knows. Whatever happens, you can only control your own actions, never the market.

timpham

What’s ES NQ?

EnthusiasmSea850

MM also knew it. As soon as it opening they pushed ES to resistance level 6800 5805 to make sure we think mk going up before flushed it down. Usually if they want mk going up they will flush to trap it 1st. You can tell NQ was not following.

Desertbears

Alright gonna load up on ES longs Sunday night sounds like

Ivy0789

If youre gonna do it, short ES/MES.

Desertbears

Going to see what happens by Sunday night and long ES then maybe

Desertbears

Timed gold perfectly today, literally sold at the top. Let's see where ES opens Sunday night

MitchCurry

This bot is broken. It can't say anything besides ES.

Silent_Fault2969

After breaking down the flag, ES_F bears are in control.

CUbuffGuy

Wake up to check ES and you dingleberrys really let it fall overnight… now I gotta stare at it and make it go back up.

Silent_Fault2969

ES still range bound.

Desertbears

Long ES futures

wentwj

Have you traded a future or a 0DTE? -0.5% is a massive move first off. But both instruments you'll generally trade as a risk to reward. A drop of 0.5% is going to be enough to wipe out any SL you'd set on the future side. Both of these are extremely leveraged instruments. a -0.50% move will not have you just be down 0.5% in your NQ future con, that's not how it works, that's not how people trade them. Similarly it'd drop the option value to near 0, probably most traders that'd hit that SL though some people trade 0DTE assuming the full contract as their risk, in which case the option would actually be favorable here, because a 30 second drop that significant would certainly have some potential for a rebound. You don't literally trade them the same, but the entry and exit strategies are the same. If you're counting your NQ investment as the full notional value of NQ, yeah no-one is going to dump that into 0DTE options, that's not how you'd trade that instrument. You'd invest what you're risking in an NQ future into 0DTE or assume a significant SL % on 0DTE and calculate total investment that way Lets use a slightly more realistic example, lets say you enter ES on 13:34, targeting low of day for a SL and just go for 1:1 R:R to make it easy. You don't get stoped out and hit that target at about 13:39-13:40. You risked 4.25 points or $425 dollars to earn that equivalent. Let's say you do the same trade on 0DTE on SPX. You enter at 13:34, let's assume you risk a 50% SL on the option. 6725C would be 1OTM at that time for $450 a con, or 225 risk per con. and at 13:39-13:40 you'd hit $610-$690 per contract doubling your risk. If the move your expecting will take 10-30 minutes you will lose minimally to theta and the two instruments will behave very similarly if you risk comparable dollar amounts. Obviously they have differences, options will often be better for very short explosive moves, futures will obviously better for slow several hour grindy moves. But short price scalps they will often be the same with slightly different pros and cons.

wentwj

The instruments are different yes obviously. Both instruments are valid for short term price scalping, and the fact that at 4pm an OTM 0DTE will be worth 0 is not a significant detractor to making a 20 minute bet. If today you thought yesterdays lows would hold you could have gone long at 6718 on ES/MES, or you could have bought a 0DTE 6720C or 6715C, either would have let you hit a realistic R:R within 5-15 minutes. If you are successful doing short term price scalping in futures, that is almost certainly a strategy that would be successful with 0DTE price scalping. How risk is expressed is very different, and there are certain types of moves more profitable in one than the other, but both are valid instruments for short term price scalping.