Reddit Posts
Would you have closed this IWM spread or let theta work?
Closed IWM $299.00P 08/05/26 for -$51,950.00 loss (-58%)
I model dealer gamma daily. Right now all three big index ETFs are negative-gamma below their flip,
June CPI missed big but I'm not buying the full rally yet
Small caps up 22% in H1 2026, best since 1991. Is the Russell 2000 actually for real this time?
Small caps are having their best year since 1991 and nobody I know is talking about it
How much Short float is too much float short?
Disregard Private Credit Liquidity Tests. Acquire BLACKROCK. Long $BLK
AI is disruptive. Individual companies have never been more volatile. What’s the argument to not just buy indexes?
Warsh's first FOMC presser is Wednesday and nobody seems to be talking about the dot plot risk
Week 5 - Day 5 - One and done option trade. Growing a small account $300 to $60,000
Week 5 - Day 4 - One and done option trade. Growing a small account $300 to $60,000
It’s SO fair! I LOVE you all I LOVE you all!
SPX at 21x P/E with 30-yr at 5.08% — is this a "mania phase" or just a new regime for rates?
What are Benefits and Downsides of a Long/Short Portfolio vs Direct Indexing?
I built the most honest VRP put credit spread backtest I could. 7 years, 5 symbols. Terrible
Broker that let's me set trades based off % of portfolio? i.e. buy as much SPY with100% of portfolio or cash available. Also set a time?
April NFP Preview: 60k Exp. Is a "hot" print the only real threat to this tape?
Built a real-time catalyst scanner - looking for feedback/if anyone interested
Oil and 10Yr at war time highs. Stocks still near ATH. At what point do we acknowledge stocks are being propped for nefarious reasons?
Oil and 10Yr at war time highs. Stocks still near ATH. At what point do we acknowledge stocks are being propped for nefarious reasons?
Oil and 10Yr at war time highs. Stocks still near ATH. At what point do we acknowledge stocks are being propped for nefarious reasons?
Jeez what a roller coaster $5,300 in 5 minutes is crazy fast $IWM
Day 1. IWM $274 0DTE puts paid today. I wish I got in earlier but profit is profit.
SPY's the only short-gamma leg of the index complex right now
SPY Market Recap - Positive Gamma Floor, Iran Bid, VRP Trap
Dealer positioning read: $8.38B GEX at SPY 700, QQQ below flip, vanna -$181B
Why does the market keep pushing toward highs even when the macro backdrop still looks bad?
Selling premium right now but not really loving it
Started trading credit spreads last week! Looking for helpful info & opinions from option sellers !
Welcome input on my AI-powered monthly investment review workflow
Welcome input on my AI-powered monthly investment review workflow
What the hell happened March 9th??!!!! 🤯
You need to understand what is going on geopolitically
This is not a dip buying opportunity
THE MOST IMPORTANT NEWS TODAY FROM THE FED , THAT WILL MAKE OR BREAK YOUR BETS ON THE STOCK MARKET ?
Gamma Exposure (GEX) and Option Expiry (OpEx) strategies positions/strategies?
SPY and IWM lotto calls looking tempting.. 🤔
The Invisible Buyers: How Passive Capital Flows Into Small-Cap Stocks Like NXXT
Game theory on when VCs will pull the rug from under the AI bubble
How Russell Index Inclusion Can Change the Playing Field for $NХХT
I was digging through the FTSE Russell ESMA Compliance Quarterly Membership Weights document recently and noticed something interesting regarding $NXXT
Somebody knew....IWM put volume exp. today
Reasonable trader turned unemployed degenerate gambler
Quick midweek thoughts on market direction - SPY, QQQ, IWM
Weekly Market Map: SPY 681 Decision Zone, QQQ 600 Line in Sand
where to deploy capital in case there's a correction/crash?
Two Federal Reserve Members Say the Jobs Numbers Are Wrong. Revision Is Tomorrow.
Moving $ Systematic Book from IBKR to Clear Street: Custom Credit & Execution Latency Questions
AI Fear" Resurfaces in Software – Potential Sector Pivot Brewing?
Day 3 of copying my friends trades till I’m rich
Day 1 of 450-10k while copying my friends trade
Anyone land the jackpot at the spx casino today? 1/21
Vanguard and BlackRock Scaling In Slowly
Mentions
I’m just gonna full send IWM and pray I guess
How does everyone feel about IWM now through Monday
This today isn’t even about oil or yields. If it were IWM would be down more than QQQ. It’s tech
Fuck this I’m playing IWM, that shit is slowly dumping, and if Iran and Middle East actually go tits up again tonight IWM is going to print money for put holders Puts on IWM are incredibly cheap btw 👀
IWM finally stopped drilling it's now in the theta-harvesting phase
IWM really wants to drill today
Back to back outlier months coming into a typically red September. So expecting IWM and QQQ to have 11% months before October sells off 70%
If your sum is large enough to buy a few hundred shares of QQQ/SPY/VOO/IWM, selling CSPs and CCs is an easy way to bank off the premiums.
It wasn’t just NDX. I used to trade SPY/QQQ/IWM too. I eventually consolidated mostly into SPX because the liquidity is great, it’s cash-settled, European-style so there’s no early assignment risk, and the Section 1256 tax treatment is a nice bonus. Plus, one SPX position gives me the exposure I want without needing a bunch of ETF contracts
IWM fell 1% but SPY barely fell 0.2%. Too lazy to look at distribution of returns given these conditions, so I'll gamble based off vibes. My vibes are: Monday is likely a theta day for SPY, and IWM likely recovers a third of its Friday losses.
IWM down 1% QQQ down 0.7% SPY down 0.25% SPY also was up the most out of every index today All of the uppies none of the downies
Truth is is as long as IWM isn't following the long bond in regards to rate fears, the risk isn't going to be rate movement for stocks unless 10's start ramping quickly. That correlation broke last year sometime shortly after Liberation Day while the tech correlation has been broken for longer and for the most part, it has traded consistently on AI based hopes and fears.
when Warsh said he wanted "a quieter Fed", the latest 1m candle on IWM flipped to red LMAO
lmao as soon as Warsh says markets should "form their own expectations" IWM starts drilling
IWM has outperformed SPY & QQQ over the past year
Bro why do you think Small Cap stocks are small businesses? Those are fundamentally different things. The smallest company in IWM has a 250M market cap.
IWM breaking out upward, on a tear all year when literally everything is pointing towards small businesses being a relic of a bygone age by the end of the decade LOL. IWM is nothing more than a market manipulation vehicle
Another fake , coping day propagated entirely by VIX futures manipulation and insider trading. They also keep skyrocketing IWM out no where and it keeps dropping right back down ENTIRELY to ensure my IWM puts dont go in the money more than 10 dollars and they watch my portfolio and move trillions based on my few thousand dollar trades. What a market.
My goal is to make money but only if that money comes from puts on IWM. I hate that ETF so much
The amount I have lost shorting IWM I would be a millionaire
Fuck IWM FUCK GOOGL FUCK YOU GOOGL
How long can they pump IWM AND SPY while dumping every stock in existence except BE
If an HFT is buying, say, SPY shares, in quantities of millions of shares, long and short per second, which is what HFT does by definition - it will effect volume. There's absolutely no rule that says, for example, that an HFT firm can't buy and sell large quantities of SPY, IWM, or QQQ at a recent pivot, while an affiliate large trading outfit makes a contrarian bet as retailers get "Pavlov'd" and assume the vol spike means the pivot's in play again for a reversal. I see it constantly, SPY reaches a pivot in it's channel, vol spikes, price staggers for a few minutes and then drops more or continues it's rise beyond recent "key levels" as retailers call them. This direction likely hinges on retail order flow, if enough muppets are in cred spreads under the assumption a swing will reverse - liquidity sweep, welcome to the 97% of retailers who fail. Watching intraday volume is almost pointless now, 15 years ago it was a helpful indicator. And, yes, I've been trading that long. .
my bad, missed this during launch week. both already work, just type IWM or RUT in the ticker box and the full map comes up. the cvd and flow charts are still spy/spx/qqq only tho, thats where the tape subscription points
Let me guess... IWM will go up above 299... again
Should I go on for IWM puts?
Got puts on IWM and it immediately went parabolic up should I hold on or let it go? 😭 I am getting cooked
beside the fact I sold calls, what happened that made IWM jump $297 → $300 overnight
very red, I bought puts on IWM
IWM stuck a few cents below $299
IWM inching higher because I sold a $315 call SPY and QQQ can dump and ts will still march towards my strike
puts on IWM if market goes down
I'll answer both you and OP. For OP: The data is not fully clear or complete as it doesn't include both open and close prices. Merely percentage change to "base". But what you can draw from it is that escalator down mechanism vs slow climb upwards (more downward dots past -4 and the blue dot past -10). Can't say for sure without much more info but it's mostly that and psychological number points of breaking past round number hurdles for both humans and algos. TL;DR Either way you won't be able to milk any alpha from it. For you: 1. Stay long. Ignore 🌈🐻/Kramer. 2. Avoid BTC/GLD pump if scared. Hold a bit of ST cash like Buffet/Dalio/Trump. 3. Everything in the markets are overvalued but I'm allocating to AXP or LVMUY outside of my monthly DCA into VOO/IWM. I think they might still have legs going into the end of the year. Proof? None really. [I did say to buy BLK like month ago and it has been up +17% since.](https://old.reddit.com/r/wallstreetbets/comments/1ueagt6/disregard_private_credit_liquidity_tests_acquire/) Don't listen to folks online.
Most useful comment in the thread, thanks. You’re right the SPX/SPY space is saturated and “cheaper” is a weak pitch — I’m not going to win as clone #13 or by undercutting an $80 API. The futures-proxy angle is interesting but I’ll be straight — I trade 0DTE SPX, not futures, so RTY/GC via IWM/GLD isn’t something I could speak to honestly or build well right now. Good idea, just not my lane(possibly a future addition to the app if requested). Your point about proving the edge is the one that landed. Right now I don’t have that track record, and levels alone are a commodity. That’s the gap I’d need to close before this is worth anyone’s money — not more features. Appreciate the straight talk.
Well I do have $4k in 6 dte itm iwm calls, but I also have $7k in Otm 21dte IWM puts
Look at that IWM drill on the last minute candle.
We got a last hour dump for IWM in us?
Looking at IWM at $300 right now, if feels like $299 is much more likely than $301 going into the close. So, in other words, inverse me.
$IWM lets see if my ai bot platform is accurate at all 😂🤌 It's Friday afternoon. 3.5 hours left. IWM sitting at $299.59, below VWAP, already failed the $300 test multiple times today. Friday afternoons in a range regime don't attract heroes. Nobody wants to carry small cap exposure into a weekend when yields are elevated, dollar debasement is the dominant macro narrative, and the index can't hold a round number that's been contested all day. The path of least resistance is a slow bleed into the close. Not a collapse. A drift. $298 handle by 4pm is my base case. Maybe $297 if someone decides to clean out the stops before the weekend. Volume is already thin. SPY is running 0.6M, QQQ 0.2M. Low volume Friday afternoons favor the side with less urgency to act and right now the bulls are the ones with urgency. They need the breakout. The bears just need to wait. The thing that changes that read? If crypto holds these gains into the close and generates genuine risk-on sentiment that bleeds into equities. BTC at $77,300 is a real number. That's not nothing. If that inspires actual buying in the last hour you might see IWM make another run at $300. But even if it does I don't think it closes above it cleanly. The pattern has been touch and reject all day. My actual number. $298.20 close. Give or take. Below $297 today would surprise me given the crypto backdrop. Above $300.50 clean close would tell me I'm wrong about the structure entirely.
sold IWM calls at 315, so next week will be a straight line up to the strike
I cannot and I mean cannot pass up on these CHEAP af $IWM puts given US dollar debasement yields mooning… small caps are fucked. What a wonder opportunity rn
There it is: TLT down less than SPY, QQQ, and IWM.
IWM stocks doing better than WMT and the rest of retail
IWM finally having a real red day
already there - type IWM or RUT into the ticker box and the full map loads (walls, flip, king node, heatmap). checked both just now. the flow/cvd side is spy/spx/qqq only for now - widening that list is on the board.
For once, I get a green candle AFTER I buy some IWM calls. Please make it last.
Remember Tom Lees IWM small cap summer that could get out of it’s own way and now it can only go up under this administration
IWM never going below 300 again
How is IWM not in the dumps 2000 turds boxed together
IWM 302 tomorrow. Just where I see it heading. No crystal ball. Mine broken.
What's up with the pump on IWM?
ok, I now have exactly two IWM $303 puts. You have my permission to dump it to $300.
the bers have gone insane on IWM (thanks for giving me my call theta quicker)
SPY, QQQ, IWM all pumped on 6:29 Truth API users probably got a tweet scheduled for 6:30 early
How are IWM puts for Monday looking?
buying an (M)ES future is basically buying voo on leverage except and gains (or losses) are immediately added to your account cash balance (they’re mark to market). gains also have the advantage of being taxed as 60/40 long/short term cap gains regardless how long you hold it. 1 MES is about equal to buying 40k VOO and 1 ES is like 400k. the carry cost is similar to buying stock on margin at 3% interest. however you pay nothing upfront and only pnl is reflected in your account. (they do count against your account’s margin though) if the index is flat, the price will slowly decay—that’s your interest/carry cost. you can also buy YM for the dow, NQ for QQQ or RTY for russell 2000 (IWM). i’m treating them as if i actually bought that much stock as that’s how the pricing moves. e.g. if VOO moves 1% you’d get +/- $400 (MES) or $4000 (ES). you don’t get any dividends but that’s reflected in reduced carry costs. the contracts expire so you’ll have to roll them ever 3 months if you stick to the front contracts.
The IWM price action today was bullshit. Small caps outperforming everything like wtf on what planet.
Puts on the Russell seem cheap. And this looks like a good hedge against a market wide sweep next week, and will also pay if money rotates into large cap/mega cap. Picked up 8/21 and 8/28 IWM puts
All part of keeping VIX down. QQQ down .3%, IWM up .3% everything in balance
IWM consistently pumping this week. I thought small caps were supposed to be "more vulnerable" to the economy or something
speak for yourself i been making bank on IWM puts every time it touches 304.60+
I swear whenever I sell calls on IWM the thing just goes up straight to the strike
IWM back to open would be nice
IWM back to 300 would be really nice.
IWM approaching 304 letting me earn my call theta early
Spy dumping and I got IWM PUTS NO WAY IWM HOLDS
Only trade I can see is either NBIS or IWM puts but they both aren’t pumping enough for me to comfortably buy puts
Going in IWM puts, it’s stupid idea that’s why I know it’s gonna work
IWM is the most egregious example of MM just blatantly manipulating price action.
IWM is detached from economic reality, IMO. But timing a crash is incredibly difficult in this environment, where market valuations are mostly about (fake) media headlines, hype and vibes. I have a single $260 put expiring next June, but I'm not holding my breath. A sharp rise in fuel costs strangling the economy once crude reserves are depleted could knock some sense into the markets.
I was just thinking about IWM puts today. Thanks for reminding me not to be a fucking maroon.
Okay your post as others have stated is really all over the place. Instead of cash secured, just run a synthetic long and short against it. This is also called a double diagonal or a "poor mans covered strangle". Essentially you would be purchasing a long dated strangle (1 year or more) at very very very deep ITM strikes. Deltas should be .9 or higher. At this level you are strictly playing for intrinsic value and extrinsic is non-existant. What this means is while you will 100% take the max loss on the long, you can sell shorts weekly, bi-weekly, monthly against it. So if set up correctly your max loss on the long will be roughly 2 - 3 weeks worth of strangle premium. If your shorts are managed correctly and keep hitting you can make some good returns. Real would example: I ran this on IWM. I purchased the long contracts 1 year out for around 7,500$. When I sold it 3 months before expiry, it was negative $346 dollars. So Total loss was $346. However, in that 9 months I made roughly $4,200 dollars from selling weeklies. Thats around a 60% return on expended capital for 9 months. Best thing here is the initial 7.5k to purchase the longs is the only collateral you need. It uses the long as collateral to your shorts. Risk and negatives (no free lunch). 1) If your short positions get away from you, your long will prevent unlimited losses but they can get pretty large. 2) You dont own stock so no benefit to dividends or anything like that. Other than that it works pretty good and is relatively safe if ran on a larger index fund or large cap stock that doesnt have crazy volatility non-stop.
SPY and IWM were literally hitting near channel highs. This is a lot of rebalancing into the Qs now that they've broken out again. I fail to see anything particularly bearish here other than the standard we're up in the stratosphere.
wtf that volume and candle on IWM some algo is going insane
SPY straight line up IWM in theta day all is perfect in the world
Only trade I had left in this market was puts on IWM and they crashed IWM before I could do that. They really don’t let you trade in this market
SPY zigzagging for the past hour while IWM is a straight line up
I sold an IWM 305 call so the pre-market's gonna pump to 304 and then we'll see 305 at the end of day
Bought 100 shares of IWM at $299.75, so it's gonna start drilling