IWM

Tricky_Statistician

!p IWM

spicy_tendies-

If you're looking for a play next week take a look at AMD, PLTR, and IWM dark pool data and option chain data

Tricky_Statistician

!p IWM

Tricky_Statistician

!p IWM

moazzam0

Bought RUT / IWM calls

chibi78

Please IWM go below $223 so I can get our of these puta

Tricky_Statistician

I’ve got IWM calls, and you’re the one who started talking shit. I’ve already got a banbet running or I would !banbet

MrDayv

!banbet IWM 220 4h

MrDayv

!Banbet IWM 220 3.5h

MrDayv

/banbet IWM 220 1 day

MeanieManh0le

calls on IWM. even the bears are buying them in their discord

MrDayv

Down 70% on my IWM puts expiring today. Lots of time left! IM HOLDING

Otterpoopie

If you’re not buying IWM leaps, then you hate money LOL 🤌

Tricky_Statistician

IWM +3% by Friday and I’ll buy 10k worth of OPEN with the gains

475563

Today's $IWM daily candle is extremely bullish, we going higher boys

RazDoStuff

LETS GO! My IWM puts went from -95% to -92%!!

Gdap1992

I’m sad we didn’t see any IWM puts gains from yesterday. I know some of y’all made a killing on those 0dte 🤨

Lou_Ferrari69

Pray for my IWM calls

Crazy-Cat1063

Did I make a dumb beginner mistake… I’ve been riding put credit spreads on IWM for a month or so now and it’s been going up and up, I’ve been staying way OTM. Finally ready for a touch more risk, did a few contracts at 217/215 expiring Friday 7/18, POP still over 80, stock price like 222-226 over the past few days. RSI has been in the low 60s so I thought I still had time to ride it out before a drop. On the chart it looks like the price has “bounced” a few times off 217-219, so thought hanging under there was a good idea. Welp, today it’s dropped below 219 and now my spreads are in the red and I’m panicking that I’m going to lose money if it keeps dropping. Fingers crossed it rebounds a bit tomorrow… any advice? Did I miss anything for my due diligence? I use GTC orders to grab 50% profit but everything I’ve done so far has gone my way so I haven’t started a routine for losses. Any advice is greatly appreciated! Obviously don’t want to take the full loss by letting it expire in the money but don’t want to panic close either. Crossing my fingers time decay saves me and I can close in a decent spot.

slie911

IWM and XBI both got destroyed today. There is often a correlation so I would imagine there was just risk off sell programs happening

RazDoStuff

My IWM 210 puts expire Friday. I need a Hail Mary

No-Improvement3164

IWM SCHD -2% YTD. Trash!!

beachmanet

Just focus on SPY QQQ and IWM man trust

Fukreddit011

Those IWM puts paying out nice.

jayxmor

That IWM put in my watch list at 500%. Crazy 😭

Metacog_Drivel

IWM is ass, my dudes.

Metacog_Drivel

IWM melting

jayxmor

IWM erased all of its gains from last week, yikes

Wowmuchrya

Hope you’re not holding still, if you are and 220 breaks it’s going to sub 200 maybe as soon as next week. Just garbage IWM stocks in general.

boxxa

IWM 4 hours ago

Beautiful_Cod9182

Fly IWM FLY

Wowmuchrya

Look at all the shit IWM stocks sell off LMAO

Metacog_Drivel

IWM getting kinda fucked

According-Rub-4520

IWM calls at open were not the play 🥀🥀

thumpasaurus

cashed out my IWM and SPY puts for a small gain just before the big one happened here true geinus

10kto0challenge

IWM bottomed

I_am_Nerman

IWM tanking

sloanemonroe

Today’s Daily double was brought to you by IWM puts bought at open.

Permaboolish

IWM puts

NormalRatio1082

My IWM 223 puts at open went crazy. Out for the day good luck gents

BaxterDude012

Lol IWM getting clubbed

Wowmuchrya

Why would anyone invest in any of the shitty ass IWM or S&P 493 garbage. Literally dogshit companies with no growth. It’s just trolling coping thinking they’ll ever do anything.

PoemOutside631

If there was real and serious interest i’d show a bunch of you. If someone wanted to pay me I could go that route too but tbh. Everyone wants a quick answer and has popcorn brain for the most part. From this to that to that and yada yada.. I am literally willing and able to change anyone’s financial life at the drop of a dime but people don’t have the patience. Here’s how I know and not just someone full of themselves. I know because I went through the trenches. Lost my rear was homeless the thing. Always had the drive that no matter what i’d learn. Then one day I got real fed up. Said you know what, this shizzz aint making any sense to me. Im up im down but I know. I have no fkn clue what i’m doing. Like not actually. Soooo I just said screw what I think I know and look at these charts. Does anything jump out to me? Yea as a matter of fact it did. That was two yrs ago or so. Since then i’ve come to understand what I’m looking at so well that if anyone actually sat here and picked my brain. They wouldn’t believe the results. I can call what will come next to an amazing degree. But WAIT: it gets better. Upon learning this new thing that was always in my face. It helped me use that same idea on a smaller timeframe. What that did was allow me to breakdown the days expected trading range. Which makes trading zero days on $SPY N $QQQ N $IWM easy. I have probably 10 things I could tell you that by themselves would make you as much money as you wanted. Just simply follow the rules. Plus i’m not a gimme the scraps kinda trader. Im a lets catch this multi week breakout kinda trader. You know one key to people who trade options. I’ll give anyone who reads this a freebie. You trade options? Here’s what traders do an don’t understand why later it works out in there favor. The problem: TIME!!! time is your enemy here for two reasons. One, it devalues your contracts. (Prolly know that) Two, traders don’t understand when the move is expected. The expected move will happen at or around a 45 degree angle from its last reversal pivot. Most traders see clearly the stocks bearish but get in right away and then cry about it not going down cause their cons are dwindling away. Go look. Its a great tool to keep in mind. Especially on a daily chart for swings. See the trouble for traders is they’re trying to find an answer to which doesn’t exist. What will tell me what to do and be right all the time. There’s nothing my friend. You can get close. You can learn to understand charts well enough that YOU will become the indicator but sifting through all the bs in 2 secs and see exactly what to expect. Thank you for the kind words though. Much appreciated

Icy_Bookkeeper_208

IWM to 200 before August 8th? Reasonable or fries + bag + $0.21 ketchup upcharge worthy?

thumpasaurus

IWM pumping into CPI probably because any CPI print means the market talks itself into rate cuts coming immediately

thumpasaurus

my purchase of one (1) IWM put appears to have caused a short squeeze

itsnotshade

IWM puts locked in just in case inflation is hot tomorrow. Sour hour would be nice here.

MrMcjibblets1990

Just sold my GOOG calls for a nice 70% gain... I shouldn't, but I REALLLY want to short IWM right now.

Wowmuchrya

Or IWM

Icy_Bookkeeper_208

Lol when 🥭 said "Foster care system." I thought he said "Forced to care system." Anyway doubled down on IWM Puts here.

mcwren2001

IWM calls for tomorrow? Maybe up to 224? Seems like it’s just going sideways since open

Any-Inspection-3325

17 july 2024 QQQ -2% IWM +3%, rotate now before it’s too late

Icy_Bookkeeper_208

IWM and DJI to a lesser extent appear to continue slipping under the waves to the deafening yayo fueled raves happening on the SPY and QQQ yacht parties.

Permaboolish

IWM looks like a text book set up for a gap up. CPI comes in as expected, hire chance of rate cuts IWM calls WILL be a 10x bagger

TruereaIone

I’m playing IWM

TruereaIone

Gonna full port IWM calls after the dump

Lou_Ferrari69

My IWM calls ain’t feeling too good 🥴

DennyDalton

u/[Confident-Court2171](https://www.reddit.com/user/Confident-Court2171/) hit the nail on the head. IWM is more volatile and IMHO, tariffs affect smaller companies more.

MerryRunaround

Just curious. For that hedging, why do you choose IWM over, say, SPY or QQQ?

DennyDalton

AFAIC, if you're hedging existing positions and you're concerned about a correction, either unload them or collar them. I'm not a fan of picking individual issues that will drop because that can be hit or miss. In some years, I buy 10% wide, 10% OTM LEAPS put spreads on the IWM to hedge my portfolio. It's not a lot of protection but it takes the edge off. Most of time I tend to have a 25% short shares to long shares (pairs trading) and I'll ramp the short shares to 50% or more on big down days. B/T the two, I'm confident that I can almost keep up with the losses or even profit. BTW, owning and protecting a large portfolio is different than just hoping for and betting on a correction. This year, instead of spreads, I just bought long Sep and Jan IWM put LEAPS in February when IWM was $230 when our Impotus first mentioned tariffs. On the way to $172, I rolled them down 5 times, booking nice gains and while they're not worth much, they're now free and they're still there if Trumplethinskin manages to tank the market again.

LGO_from_KDCA

Since I never seem to know where the market is going to go day-to-day (or year-to-year) I try not to outguess the market. Nor predict when the next "correction" will happen. That's for the market as a whole as well as individual issues. As I do not have an advanced degree in economics or finance so things like high historical beta, high debt loads (e.g. the U.S. Govt) and issues that may be "overbought" (or undersold) are beyond my skill set. I have no idea how high high is or how much debt is too much debt. To that end I stick with my 10Δ/5Δ credit spreads on the SPX (European style, IRC 1056, etc.). On a profit loss chart the look like asymmetric/lopsided iron condors. I do that on a daily basis. Take small profits, cut any losses short, etc. I have found that to be profitable over the years (the SPY, QQQ, IWM families work well also.) Also, you may want to consider keeping some of your liquid assets in cash. Yields on 10-year treasuries are at 4.386%.

Far_Lifeguard_5027

QQQM is going to be 100% tech. SCHD is going to have all of what's in QQQM but is more large cap heavy than VOO, so I'm not sure you need both. I'd go with something like 10% QQQM (tech growth), 40% VOO (S&P 500), 30% VXUS (Total international), and 20% of Russel 2000 ETF like IWM, or a small cap ETF like IJR/AVUV/XSMO/VIOO to offset your large caps and get some small cap exposure. I have an indexed annuity, and my CPA set me up in these 4 markets: QQQ/VOO/VXUS/Russel 2000. So it seems appropriate to have exposure to growth, blend, international, and the bottom 2000/small cap stocks.

Mycatspiss

Im thinking IWM leaps. Dereg helps smalls, if daddy jpow leaves early rates are cut and smalls will run. Seems reasonble risk reward

dreamwagon

Had a rough time since April, mistiming everything and not trusting the rebound. Account was like 25% down. I was about to just pull out everything from my speculative RH account but instead full ported into 224/223 diagonal puts on IWM in the last hour Thursday. (224 puts expire Monday). My account is 90% up from where it was. Moral of the story is sometimes being a regard on a swing trade is better than using your brain.

Icy_Bookkeeper_208

Anyone get some good scalping on IWM Vs Ms and Ws all day today?  Def looking forward to Monday for hopefully a repeat performance on its way back down where it belongs with the rest fo the American Dreamers lol

dreamwagon

IWM - more predictable and less volatile than SPY. Has daily options. Very nice liquidity like SPY with lower premiums.

Icy_Bookkeeper_208

IWM slowly dying?

Gdap1992

IWM only goes down when I don’t hold puts or watchlist them. 😫

Gdap1992

Lol @ IWM having a 222.5 p/c option today. Fuckin scammers

I_am_Nerman

IWM still down over 1% is concerning

chibi78

Come on IWM . Clear 222.60 and off we go to $223

Gdap1992

Good thing I didn’t buy those IWM put yesterday. I hate money anyways

chibi78

Fucking IWM. All the pumping yesterday only to be exactly where it was last Friday

Bxdwfl

\*sold IWM puts to open\* IWM: watch as i split your cheeks like wet pine

RazDoStuff

Maybe my IWM puts that are down 90% might actually print July 18th expiry

Crazy_Donkies

Probably should have held my IWM puts to EOW.  

ieeeeesa

Follow our free trade plans posted every morning. Use your charts and trade wisely. Today our spy calls went 150% and IWM went 200%+ We also trade live

Sick0h

I will be buying IWM puts at close. Thank you for your attention on this matter.

Gdap1992

When I get IWM calls: I’m fuckt When I get IWM puts: I’m fuckt It’s a superpower

cscrignaro

Can't a man have fun? I generally like XLV long and UNH is it's 4th holding. I think money rotates out of IWM/QQQ and into XLF/XLV. With BTC at ATHs risk is on and profits rotate. SPY is likely to keep trekking higher while QQQ see's choppy consolidation and the sectors that haven't run like XLV do so. XLF is getting a last leg up before consolidation it seems and if profits are going to rotate it's likely into healthcare IMO. Could be wrong, one day at a time. Right now, my risk-reward is favourable.

Gdap1992

IWM is a monster

GrassOrAss954

No chance. IWM is the machine that nobody is talking about….calls, calls, and more calls.

Crazy_Donkies

The move was QQQ puts, not IWM puts. Got it.

TruereaIone

IWM is rallying

Gdap1992

Look at IWM? lol

PutSpreadDaddi69

IWM with the guess I’ll die move

modedevie

IWM refuses to die

AdLatter3886

more IWM

BulletPlease

Hope ya'll got in IWM yesterday. Broke key resistance and FOMC basically cemented Sept rate cuts -- next stop $230 and it will probably be EOW, hell could even be tomorrow. Heard it here FIRST!

RazDoStuff

My IWM $200 Puts will print. July 18 expiry. Nothing is real.

nickcoffey97

I've been selling options on and off for a few years, I'm no pro (yet). I'd try a new strategy and get burned and take a few months' sabbatical to mentally recover lol. I've done Poor Man's Covered Calls in the past, got burned bad in Covid when the market plummeted and my LEAPS expired worthless. Have tried credit spreads and got burned badly not knowing where to set my deltas and having pretty much no exit strategy other than panic buying back after already losing way too much. For the last year I've been selling plain old CCs on QQQ and IWM 1DTE and have had some pretty good success and enjoy not having any 'real' losses unless a call gets assigned under my cost basis which would be my own fault anyways. (I'm getting to my question I promise) over the last few weeks I've been schooling myself on ICs and really like the fact you are (roughly, sometimes) doubling your credit with the same up front risk compared to a regular 2-leg credit spread. For strategy, I'd say 95% of what I read is pick .10-.15 delta roughly 45DTE, then take your profit or manage at roughly 21DTE. Since I am used to rolling and managing 1-0DTE covered calls, I really like your strategy for the 0DTE but I have yet to try it out. Before I start, I want to pick your brain a bit if I may haha. How much are you managing these? Are you watching constantly all day long and making quick moves to roll if needed? With my CCs I roll next day and leave it until the next day and manage so it's a pretty set and done until tomorrow morning thing for me. I am assuming you're monitoring much more than that. At what point do you take a loss/roll out next day? Do you go off a percentage loss or a delta? I believe you've said you let the 1 leg that should expire worthless sit and roll out the opposite leg, then sell another leg to complete the IC. Have you tried further expirations before such as the 45DTE and how much better are your returns comparatively? Sorry for asking so many questions but you seems to really know what you're doing and I want to quit my day job sooner rather than later. 🤣🤣

Gdap1992

IWM needs to go up more because I might have bought when premiums were Fawkin high 👀

Gdap1992

Oh look, my IWM calls are green again. Interesting

NormalRatio1082

IWM has been insane this week

Main-Roof842

me too on IWM

AdLatter3886

Made money off IWM. Fomc can suck it dry 🖕

dimethylhyperspace

IWM calls working. Question is to take the money or let them cool

Gdap1992

I'm going to revenge trade IWM today. Surely it will work in my favor. If not, I yolo some SPX again. GL me

DMguy1

Consider buying dips between 618–619 if breadth confirms; fade any sharp rally that lacks IWM support.

dimethylhyperspace

It appears buying calls on IWM may not have been the right decision. Only index up today, so logically futures red