Reddit Posts
Soo , Russell .. what’s up man ? 🫨
Mother switched brokerage and gave me her mature rira in May... Tax free loss here we go!
Major Technical Levels on SPY QQQ IWM for 2024
Need advice about index option and option on future.
Someone close to me made an interesting bet against ES NQ IWM TSLA, the semiconductors, but is long on PSNY, China, oil, cereals, wheat pall
Everything I'm watching in premarket 27/12, Including my analysis on DXY, IWM and more.
Is it worth it to sell your now ITM options to buy OTM options?
So are we buying meme stocks again or what?
Expected Moves this Week - GDP, a low VIX, IWM and earnings from Nike, FedEx and Micron
Expected Moves this Week: SPX/SPY, QQQ, IWM, Broadcom, Docusign and more.
Are SPY and IWM the only stock with multiple expirations during a one week period?
My plan of trading until the end of the year SPY
24% profit, Day 1 of 30 - $1k to $1M challenge
Join me on my journey ... $1,000 to $1,000,000 ... I'll be documenting here. (Trade 1/30)
Join me on my journey ... $1,000 to $1,000,000 ... I'll be documenting here. (Trade 0/30)
Is this stupid?- Selling put on IWM getting assigned and then selling covered call?.
Pretty wild stats on market positioning - crash coming in the new year?
5K Daily Gain on AMD, IWM, META, PLTR, and QQQ
Shorts Once Again Concentrated in Hated Index/Sector
Funds were waiting for earnings to justify EOY rally. Taking bullish hedges.
Mid-Month Technical Analysis Review of SPY QQQ IWM
SPY 418p -- Evaluating value after experiencing loss.
Small Caps are now at a five year low, in nominal terms
Trade Journal & Technical Review of September + Look Ahead for October
Technical Analysis Snapshot so far of September 2023
Expected Moves this week, Oracle, Adobe, SPY, QQQ, IWM and more.
The Month Review: Technical Snapshots & Trade Journal for August 2023
The Month Review: Technical Snapshots & Trade Journal for August 2023
A mid-Month Review: Technical Snapshots & Trade Journal so far for August 2023
Butterflies & Iron Condors: Assignment Risk vs. Duration & Stock Selection
small cap/med cap stock that pay a consistent/decent dividends
Thoughts on IWM and $TNA - will small caps follow large caps?
Wall Street Week Ahead for the trading week beginning July 17th, 2023
General Market Overview / Indexes Action (11th July)
Weekly Recap - Week ended Jun 9 2023 - Market rotation might be happening
Two Videos, Larry Williams: Inflation Peak Means big bull move and Carter Worth: Rotation Big to Small Cap
Market Recap - 6/7/23 - Bargain hunting
IWM Calls Grand Slam! 1717 9/15, 210 strike calls! Closed out at 1.05 and 1.10 (1.075 average), purchase price .25. Net proceeds $181,227.
Had to take it.. 256% in 4 days $IWM.. or should I have held?
We are just 8 SP500 points from official new Bull Market, Sentiment Indicators indicate we will go 10% higher.
Market Recap - 5/20/23 - everything is over bought
Wednesday morning brief from a Certified Market Technician 5/24 9:05am
Morning Brief from a Certified Market Technician 5/23/23 9:05 am EST
Market data subscriptions on Interactive Brokers
My top pair trade idea for this month: Russell 2000 vs Nasdaq using Options
Market Recap - 5/17/23 - the worst is behind us, maybe
Market Recap - 5/15/23 - everything is high risk if you're a pussy
Week Ended May 12 - Recap and thoughts for next week - tread carefully
Market Recap - 5/1/23 - 700 million dollars per AI
Key fib levels you want to watch for SPY,QQQ ,DIA, IWM
Tactical call option trade, small cap (IWM) 9/15 EXP 210 strike calls 687 contracts, 27 cents entry🔥
Tactical call option trade, small cap (IWM) 9/15 EXP 210 strike calls 687 contracts, 27 cents entry.
Russell 2000 index composition
Market Recap - 5/2/23 - a sword-day, a red day, ere the sun rises!
Mentions
Yeah but iwm is much more correlated us fed and economy- you can have days where a single stock name like Google or Nvdia will take up or Down the index irrelevant of going on’s- this cannot happen in IWM.
Dumpster fire, truly dreadful, want my 101? Keep it simple, follow the money crypto: BTC/USDC only Equities/etfs (12-24mo IH): SPY/QQQ/IWM core, with somewhat speculative stock picking: lean value tech and ai adjacent companies with good bones and recent strong earnings growth, ideally in energy, utility, industrial as they will be the first to see revenue gains, regardless of the current state of the AI “bubble”. Active Options (24hr IH): swing/day trade SPY/QQQ for 10%-50% gains on each trade Passive Options (3-6 month): high volume, high liquidity names (think NVDA, TSLA, etc. ideally with stocks priced above $100) 50%-300% gain on each trade Assuming your age as: 18-35
Have not looked recently, but all of IWM is about the same total cap weight as the largest cap QQQ stock.
I’ll rarely use qqq as tech is too strong so I’ll hedge w IWM on a non tech and spy with a tech play. 2 week calls are hedged w 1 week index puts. Calls ATM and puts at next technical level below.
Diversify ODTE? With what QQQ IWM. Don't know how to play those markets, sorry.
Cameron seems to think Avatar 3 might not be the same smash hit as the first 2. Would this be anything worthy to consider shorting Disney and/or theater chains? Maybe even the IWM over a perceived bad Holiday season? https://www.yahoo.com/entertainment/movies/articles/james-cameron-says-avatar-fire-160149550.html
fell asleep holding IWM 249 calls expiring monday. Am I screwed?
You know that historical chart that shows like cycles of last 100 years or so? Basically has us peaking in 2026 mid year.. not that I’m a speculative guy but that shit has been on point somehow…. SPX 8,000, RUT 2,950, NDX 30,500 before the big crash — till then it’s all pull backs to buy bby. Btw btw, hope y’all got in IWM and mid caps last week when I told y’all to — back when Fear and Greed was a whopping 6.
Bought IWM puts at 1248. Can’t make this shit up
its personal between me and IWM....such trash
IWM monthly close will be insane shit looks ready for +20% ATH breakout
Well admittedly I haven't tried a lot of other services (been using it 3 months and really impressed with it so far), but between a super clean UI and ability to quickly no-code test/automate trades for the price I couldn't say no. Anyway, the main features I like are the following: - Ability to compare & combine up to 5 backtests into a single strategy - Ability to GEX levels into strike prices (this is new... hopefully they add more flexibility there) - Ability to look at/copy the top backtests that have been created by other users - Ability to go back to Jan 2022 to do tests - Ability to quickly look at intraday gamma exposure for any ticker & expiration I want (I use this daily for any manual trades I can't/don't want to do in the platform...these trades have covered a big chunk of the cost so far) It's worth noting that you can't automate trades beyond 1 DTE (for now) and as far as I'm aware, you're limited to index and ETF options (SPX, SPY, IWM, etc). You're also limited (probably a good thing) to risk defined trades, but it doesn't include them all (e.g. call butterflies). They seem very proactive about adding features and gathering feedback from users, so I'm assuming they'll quickly add more stuff to it.
Recent strength in midcap index (Russell 2000 - IWM) is very promising. S&P might tell a false story - with 50% weight in a few tech giants, but IWM recovering back to pre-dip levels is very reassuring. And still a lot of stocks have hit a level where it feels, they will NOT go down further from here - RKLB, MARA, ASTS, Arista, SERV to name a few.
Nice profit!! But why no SPY/IWM/QQQ???? Seems like a ton of extra work....
I'm not a MM expert. I'm more of a longer term holder. In this case I'm just thinking about the venn diagram of sectors that aren't overpriced and have been ignored, growth is possible, and diversified to avoid massive drops despite my high beta stocks. I landed on healthcare, and small cap. I feel like healthcare has had a good run the past month (look at xlv) . So im left with IWM.
Many Healthcare stocks did. Plus we keep hearing this administration attacking healthcare costs (rightfully so). So I pulled out of XLV and XLV calls this week and am focusing on the hopeful shift to IWM.
Russel/IWM gonna have a 30%+ rally from here into Feb
Look I'm just going to say it: I think 🥭 still ate the 🦃 he pardoned. !banbet IWM to 245 by 12/1
IWM with a classic -.50% at the end of day
If IWM can go from 245 to 248 1 day then it should have no problem going back down in a few days too. Don't know how these Puts are so cheap for an index full of retail stocks in this Tariff Economy.
Are my IWM $247 puts even worth it anymore 😪
IWM new ATHs by end of week
I hope Amazon gets delisted. I could have bought IWM instead of Amazon trash
IWM feeding my family this Thanksgiving
Ig IWM puts weren’t the play
Fucking pump again, IWM, you little bitch.
Strangles on NVDA SLV IWM 2DTE , signing off. See you Friday bers and bols
Hold my IWM calls til Friday??
BEEN telling you… since I woke up from my slumber last week at the bottom (6 on fear and greed index). IWM will continue to out perform and going into new year.
Not fucking liquidity for IWM leaps
Today's Game Plan $SPY & $IWM I’m buying PUTS on the open. Note that PUTS are much riskier than calls Remember to size down today, we could easily continue a rip. It’s a hard decision but we pumped pretty hard the past 2 days so a pull back could be due The puts iI'm watching 11/26 $SPY Put at $673 11/26 $IWM Put at $242 Thanks C
Cool. IWM & small caps know you're regarded.
I saw someone turn $200 into $16,000 in 5 days on IWM calls on here like 2 months ago and now I can’t leave. I keep looking back at the post and trying to see how this person accomplished it and how to emulate that with cheap OTM calls. I just keep burning $100 at a time. Am I retarded? Now I look on here every day as if I am absorbing esoteric stock market wisdom
Thanks for taking the time to write such a great amount of feedback and sharing what you have tried before. I think I'd agree with you on everything. Regarding your specific questions: \- "Top row: IWM, SPY, QQQ, NVDA. Are those modifiable? If not, how about SPY, QQQ, & IWM in that order, and leave any single ticker off." A: Not modifiable for now, but I have UPDATED it already, removed NVDA and reordered. Just refresh your screen and you should see it. \- Exchange input required? A: This is purely needed from a technical point to pull the charts in on the Position Details page, which leads me to your next question... \- "I can't click it to go to my Open Positions. I can get to it if I click "Manage" at the top right, but it seems like I should be able to get to it/them from the "Open Positions" block. And/or maybe it shows me all the tickers I have positions in; or at least as many as will fit in the box." A: When you are on the 'Track' page you can see all your open positions, either under Short Positions, or Long Positions, and if traded today (i.e. Open Date of the trade, not when entered into Optionsight) in the top table: 'Your Trading Activity Today'. If you want to close, roll, see details, add to Watch tab, you need to click the 3 dots on the right side of the row of each position (on desktop, same on mobile), that brings you to a details page where you can then engage with all the legs of your trade, see buttons on each leg once you are on that page. And charts for the ticker. \- Back on the Dashboard, under Daily Options Tracker, "Watch": how do I get things into that? A: In case it drowned in my last lengthy response. Just click 3 dots on the right side of the table rows and that is where you can 'Add to Watch tab', journal, or edit your position details in case you added anything wrong. To remove them from the Watch tab do the same in reverse but you must do that in the Watch Tab. I have tried to simplify it and have played and built and played and changed but only from my trading perspective so far, this can only get to where I want it to be with your help....so THANKS AGAIN. Options are not simple as you all know, and I am trying to get to a point where it actually becomes easy or easier to enter and track it all. Please DM me if you want me to do some quick videos on anything. And I can then post them to my r/optionsight page. I hope I didn't miss anything. I have added all the other feedback to my growing list.
Neat app. Let me start out by saying that u/GammaWinsSam's observations about friction and resistance are spot-on. I used to track all my trades just on paper, but that got too tedious. Then of course, I couldn't analyze them really. So I built a spreadsheet, but found that too cumbersome. In the end I've devolved to just tracking my (6) account balances at the end of each week. If they're going up, I must be doing something right; if not, I doubt that me poring over trade records would teach me anything. So all that said, I gave it a try. It seems pretty slick. I watched the videos and saw it was formatted for phone, which turned me off, but then you said we could also use it on laptop/desktop, and that's how I opened it. Top row: IWM, SPY, QQQ, NVDA. Are those modifiable? If not, how about SPY, QQQ, & IWM in that order, and leave any single ticker off. Why is it important to know what Exchange? I've never thought about that, like at all. I say get rid of the field, or at least make it non-required. I put in a position (more on that in a minute), and when it kicked me back to the home screen/dashboard I sort of see it in the Daily Options Tracker section as 1 "Open Position." But I can't do anything with that block. I can't click it to go to my Open Positions. I can get to it if I click "Manage" at the top right, but it seems like I should be able to get to it/them from the "Open Positions" block. And/or maybe it shows me all the tickers I have positions in; or at least as many as will fit in the box. "Open a new position": what's the deal with the "Please check this box" box? "Brokerage": if I only have 1, maybe have it auto-selected? Or I don't even see that line? "Strategy": Mad props for Zebras! It seems you've kind of sorted them by commonness or similar? That's fine I guess, but maybe just alphabetize them. And/or group related ones: PMCC/PMCP, the Bear Spreads with the Bull Spreads, Put/Call Ratio Spreads. Or really, just simplify/reduce, since you're going to be telling the app later whether you're buying/selling Puts or Calls: Credit Spreads, Debit Spreads, Ratio Spreads, etc. I'd turn "Naked Put" into just "Put"; and where is (Naked) Call? And "LEAPS", why bother making those a category? They're just Puts and Calls, and you're going to be putting in Expirations later. Where are *Calendar Spreads*? And "Diagonal Spreads" covers PMCCs and PMCPs, so those 2 could be left off. And could the user have that field default to something? All I do are PMCCs, so that would save a bit of time. Dates in general: your calendars start on Mondays, which isn't the norm. I get it, but still, it's a bit disorienting. "Open Date": I love that you've boxed today's date. "Next Earnings Date": have you thought about automating this? I tell it the ticker, and the app pulls that? I don't use it, but others might. "Add a Leg": for the first one of a new position/ticker, could it default to having "First Leg" checked?
So your pitch is stop looking at the highly profitable established international companies and start being worried about micro caps with no income Well yeah, there are plenty of years IWM or RSP don’t beat SPY (and those companies are **far better** than the companies you listed here) but we still call it a bull market. And we still say VOO and chill. There’s a reason it isn’t called SMR an chill
If you put your money in IWM 4 years ago you would be just about break even. Accounting for inflation you would be down roughly 20%. '21 was a hell of a year.
long term i agree , but i'm trading short term looking for a move down to 3960-4000, gold rising(but under performing) with risk on right now is unusual and it won't hold either IWM is gonna snap back hard or Gold is take your pick.
Short gold, reasoning is that it can't continue to go up alongside stock market and risk on ( IWM woodie), eventually they'll rug pull defensive asset like gold under the strength of the AI bubble & stock market, and going into a low volume end of the year i don't see any reason why risk on wont continue through holidays/santa claus rally, ( while gold gets beaten down)
Strangles on NVDA IWM AND GOOGL. Need beer money for thanksgiving
Exactly. Which is why I went ahead and called ATH’s by close. Maybe not SPY, but probably IWM. Its within reach with another 2% day
RSI’s looking real overbought on SPY and IWM. A logical market would likely look to balance that out tomorrow, but we all know its ATH’s by close.
IWM took the stair steps down and the elevator up
IWM max meme mode 3% pumps everyday on a fucking index
IWM starting to really beat the brakes off QQQ huh? I mean, I know it’s just like 5 days or whatever…
IWM is long overdue a +10% day
Strangles on GOOGL NVDA IWM. Im printing one way or another
Strangles on IWM and GOOGL. Maybe NVDA
IWM nearly 10% rally in 3 days keeping this house of cards together - couldn't think of a more bullish sector to lead this next massive leg up
Backing up the truck and loading up absolutely DIRT CHEAP SPY and IWM calls on this dip
IWM gives me free money every day
Backing up the truck and loading up on absolutely DIRT CHEAP SPY and IWM calls here on this fake dip
Should have just held my IWM calls all day. Would have had a 30x from the price I got them at yesterday. Fuck.
big tech built out AI and now small caps IWM will be benefiting from it the most it seems
IWM monthly looks insane for some crazy breakout
Lol hims getting faded while similar stocks all green and IWM green.
I can't for the life of my figure out, what's moving up IWM
IWM calls are still the best play for bol
I guess I should have bought IWM instead of trash like NVDA Amazon and Netflix.
IWM is up. guess they rotating out of tech into small caps
IWM new daily highs market strong af still
I would like a refund on IWM. It was supposed to go down.
IWM is companies with hundreds of millions in revenue, not Steve's CNC.
IWM already showing hulk strength this morning.
Small caps (IWM) trade at a \~23% discount to SPY and \~47% to QQQ on forward P/E according to grok 4.1 When rotation to IWM boys
russell IWM still sitting at 2021 highs feels like +20% expansion is likely but will be the trigger? lower rates + more dovish fed chair maybe
If they made profit they wouldn’t be part of IWM. 🫵🤡
IWM just has to go up 4% tomorrow and I'll turn $1.2k into $200k. Easy!
We are in crippling recession and interest rate sensitive zombie company etf IWM is near ath
GOOGL and IWM calls - i also got GOOGL puts cuz what goes up must come down!
American Gameshows are hilarious because it’s like congratulations you’ve won… $10,000!!! And they all freak out and celebrate with their family A college sophomore with a 2.1 GPA just made $20k today from IWM calls while drinking monster zero white and ignoring a lecture on the periodic table
IWM above Thursday's kill candle. BER's ded
Got like 400 IWM calls for tomorrow, could say I'm a fan of smallcaps.
Not until IWM hits 250+ again.
loaded up on some OTM IWM calls for tomorrow
Can this week be like last week i was hitting everything bloom energy puts IWM puts qqq puts spy puts IREN puts and all of them like at least 500% shi was crazy
Take a look at IWM. It appears we just wrapped up a clean, symmetrical ABC correction, which fits well with a wave four pattern. That setup makes me think we could see a push higher into the end of the year. We might get a double top near the 253 area, or possibly a slight move past it. As we get closer to that level, the key thing to watch is volume. If volume starts drying up, that is usually a cue to step back. If volume stays strong, there may still be some upside left. Based on both timing and price, I also plan to stay cautious as we move toward February. [https://share.trendspider.com/chart/IWM/6433d8h0xg](https://share.trendspider.com/chart/IWM/6433d8h0xg)
Futures are trading up across the board with the QQQ's leading the charge... DJI +99.00 S&P +30.75 QQQ +157.75 IWM +10.00 BTC +2045 We will continue to monitor price action in the overnight session This is the calm before the storm Have a good night and see you all in the morning Goodnight Traders Thanks C
Wait till Friday. Thanksgiving week is largely positive. After last 3 weeks of blood we should have a good week. When you sell get into IWM not spy into Jan. They also always outperform Dec/jan.
Think I cracked the algo manipulation code for SPY QQQ IWM. I “think”
Interesting. I appreciate the idea. I’ve dabbled in VIX before and will incorporate it I’ve just been focused on day to day spy movements, getting a knack for it. I know it could be better to IWM and QQQ but I’ve been doing what works. Tentatively from here I could almost have $100 /day budget for spy and I should be able to do really well with that , it’s what I’m leaning towards
I was referring to just what I traded. IWM and QQQ, ITM. Most people who are professionals don't gamble on far OTM ODTE.
Rate cute probability is back up from unemployment rising and likely job losses during the "missing" data period. You can see from IWM going up and stopping its dump. All about them rate cut possibilities
Do you remember the delta of those IWM calls you got at trade entry?
Can you describe what you view as the better days for IWM? Rotation days? Or in this case, higher beta bounce? Or even to leverage volatility of SPY?
RSP equal weight and IWM outperformance tells me rotation is taking place. If we were to get more selling it would be with high correlations as all equities sell. Seeing strength in non AI names tells me the fear isn't of the bubble popping, yet. There was a lot of complex factors leading to this selloff such as cross border flows particularly Korean and Japan, leading to CTA algos unwinding from max long, and negative gamma environment forcing dealers to chase the downside exacerbating the volatility. We also had all of the opex puts get wiped out today which is what fueled this rally as much as it did today. I expect that to continue into next week and even if there are no active buyers, dealers will be buying to close shorts as more puts roll off their book and it alone will be enough to move prices higher.
It was the start of it. RSP equal weight and IWM outperformance tells me rotation is taking place. If we were to get more selling it would be with high correlations as all equities sell. Seeing strength in non AI names tells me the fear isn't of the bubble popping, yet. There was a lot of complex factors leading to this selloff such as cross border flows particularly Korean and Japan, leading to CTA algos unwinding from max long, and negative gamma environment forcing dealers to chase the downside exacerbating the volatility. We also had all of the opex puts get wiped out today which is what fueled this rally as much as it did today. I expect that to continue into next week and even if there are no active buyers, dealers will be buying to close shorts as more puts roll off their book and it alone will be enough to move prices higher.
Yup and to even be in position to make this profit today, I had full port into IWM puts yesterday which took me from $1650 -> $3700.
This one’s really lucky lol when rutw/IWM move, they pay real damn good. Congrats!!!
IWM, BLDR, USAR, ETHE, COPX, PALL, SILJ, and U (so far)