IWM

FuckleUp

IWM always hits on rate cuts but wait

FuckleUp

IWM

altonbrownie

Why’s that? I ask because I’m an idiot with 200 shares of IWM

Future_Hyena2562

Thinking IWM calls might be the play

MyCactusTeacher

wtf was this massive intraday pump and dump on IWM

Gdap1992

Gonna yolo some IWM. Sorry to those holding

Shah_an_shah

IWM maybe? I don’t know anything though.

Shah_an_shah

All my calls reached target price right on Monday morning. Goog, SPY, IWM. now I don’t know what to do for rest of the week.

Gdap1992

Ah yes, a fellow IWM degen getting fawked by it as well 🥲

Gdap1992

I like the sound of this. Even though IWM do be burning me at times

Tardigrade_Man

0DTE IWM 241C, sell when green

wattap

IWM

BuySlySellSlow

Tom Lee says, "Y'all mf's be sleepin' on IWM!"

skin_flute_player

All in on Russell, and no not the qb. IWM 240c

terdfergusonuf

"I hope you know not to let them expire ITM." Yes, thank you I figured this out quickly. Earlier in the year I was just buying 1 or 2 small contracts with max exposure of like $10 - $20 to test mechanics as Ive always been a more value long term hold investor. I can afford more but I'm just having fun and learning as I go. As for that trade yea I'm taking profit early this week...just want to see how it opens. It's ITM quite a bit but Friday morning would've been probably top at 7.3 for the 500 shares and 2.7 for the contacts. Either way, good lesson on theta the past couple weeks too. I will be looking at similar 1 month out calls on others too if I can get cheaper premiums. Playing some IWM scalps in the am too, if I have 30 mins to watch the open. I did well on Thursday. Thank you for the encouragement! Just going as slow and logical as I can and not get caught up in the what if. I'm good with profit not the what if. My father is retired and "day trades" in his roth. Hes just buying low and selling high which works for him cause hes got capital built up. I'm working on mine so I do understand the value in taking the profit/cost basis and playing with house money. Just building up a capital base so when big boys are cheaper I can scoop em up.

Humble-Address2993

If fed hold rate, market will tank, I rather buy SPY or IWM puts

madmadison2002

Checkout the average Joe investor on YouTube. He’s done a lot of research on CCs and CSPs on IWM, QQQ and SPY. When trading options you define your strategy and try to stick to it exactly. Then you find out how much money you made. NOT THE OTHER WAY AROUND. CC and CSPs are low return strategies in general.

brd111

A lot of it’s baked in already. But calls on IWM and QQQ and IBIT. It might be a sell the news situation. The rumor has been coming a long time.

MyCactusTeacher

My P/L from daytrades yesterday IWM - 1k from calls, 1.5k from puts OPEN - 2k from puts, (300) from calls QQQ - (2k) from puts TSLA - (700) from calls, (1.5k) from puts Daily P/L = zero But I made $40 from sports betting LMAO. Fuck TSLA

Huge-Percentage993

IWM still has yet to make a new ATH. Small cap struggle

dimethylhyperspace

Last rate cuts I had calls on QQQ, which tanked, while IWM rocketed up. Didn't last long, but still. I'm kind of leaving that direction

Walking72

Tom Lee says small caps.  He may be right but there are too many great blue chip companies out there and too many times IWM has done nothing forever. I'm going to stick with large caps.

95Daphne

For all the excitement of this week, IWM was about flat and is struggling around prior ATHs and bonds reversed the rally from yesterday. I will say though that I'm completely clueless on where the Nasdaq stops. Might just grind until late this year before it gets in trouble, if at all.

phungus420

Fold them or hold them? That's always the question isn't it. It's just seems too easy holding losers too long and cutting winners too early... I think IWM would be a better play than SPY for the Sept 17th FED decision; I bet on XHB though, since I think the home builders sector could run the most and I like to target sector indexes - also a rate cut should be good for precious metals; so GLD, SLV, PPLT and PALL seem like more focused bets than SPY. I'm down so much in August though, you'd probably be better off inversing me. Seriously, I'm kind of freaking out about how down I am from August; every time I went long, the market pulled back, and every time I went short the market rallied... I also cut NEM 69c sept 19th calls and GOOG 200c Sept 19th calls that together would be up over $100K if I had held them; would have saved my port big time, instead I'm down on the year as a whole after 1 really bad month (9 months of time spent trading wasted T\_T ). Also, there is always the chance a 0.25% cut would be a sell the news event, and that a 0.5% cut would cause the market to panic. Like I said, I feel like all my plays have been wrong recently, so I'm probably not the one to ask.

HistoricalLychee9514

IWM

95Daphne

Interesting that the US10Y is at 4.08 after it tried twice to lose 4% and failed yesterday and that IWM is only up a half percent compared to QQQ 1.8% this week. This may be totally wrong, but I suspect the cut may bottom yields again this year and the well may have been milked in IWM/IJR.

Wows_Nightly_News

IWM was not the play

GneissFrog

OSHA would be proud of these algos and their staircase work. IWM and QQQ passing any inspection

MyCactusTeacher

The divergence between QQQ and IWM is absolutely hilarious

dljmonkeyboiz

The sell off was on IWM ... SPY holding pretty well

Alienware15rr3

I feared this as a bull case because everything had to align well for it to happen, recession avoided, inflation avoided, so bonds and stocks scream higher while the rates fall, economy survives and doesn't go into recession. I feared this so I prepared for it by allocating to stocks and minimal bonds. 60% sp500 20% agg Bonds 10% VEU international funds 5% IWM - Small caps 5% IWS - Mid Caps My allocation helps me participate in a bull run, have some safety on down days with bonds, but I will never beat a 100% SP500 and I am OK with that, I participate during bull runs, when things go south my bonds hedge me a bit, so it's nice seeing that when things crash my portfolio holds up well, and when things are booming I participate.

altonbrownie

IWM

HistoricalLychee9514

IWM just getting started. A 50 bps cut will send it to the stratosphere

Beginning-Visual2341

Well bought 5k worth of IWM 238p for tomorrow 🙌🏻

Coffeewin

All that stress to be down -$113k with LONG positions holy fuck I'ma KMS dumbass funds buying IWM

sloanemonroe

IWM at high of day

Civil-Woodpecker8086

Rolling for credit is when the buy-back price is lower than the (next) sell price/strike date. e.g. using fake numbers: IWM for 9/12 to buy back is $20 per contract w/ strike price $210, but I can sell 10/10 strike price $211 for $21, I am trading 4 weeks for $100 immediate gain, and higher strike price gain. (Again, I am going to ignore the ITM part) To roll for a debit, say I roll to $215 but that premium is only $16, so I would DEBIT $4 to roll. Again, numbers are made up just as demonstrations. A lot of videos on YouTube that you can look at. Is that always an option? For liquid QQQ/SPY/IWM I've never had problem rolling

tris_majestis

IWM is completely unhinged today.

Civil-Woodpecker8086

I am a 'roller', my IWM 210 strike price will be rolled tomorrow, to 10/10/2025 at a strike price that will give me $100 credit (2 contracts), maybe it will be 211 strike price, or 212. (Don't care if they are already ITM) In return, I will get $100 credit immediately in my account, and possibly $200 or $400 more if the options are exercised early. Otherwise, I will roll them on 10/10/2025 The theory here, is that IWM will eventually finish OTM (Like they did for me in April, during the tariff madness) or I will get called, but in the meantime, keep collecting premiums and raise my strike price every 4 weeks out.

brannock_

IWM hit 240. Don't look what happened the last two times it visited that number.

ThinkingOfTheOldDays

IWM is fucking mooning too, retarded algorithms inflating the bubble

MM0dt

IWM lpokimg to open them market up high as fuck like me

HistoricalLychee9514

Gimmie a 50 bps cut so my IWM can moon

tradetofi

IWM is good as the other 2. 0DTE and liquid.

tradetofi

IWM has quite some 2-3% up or down days every now and then. Be prepared for that.

MyCactusTeacher

IWM lookin horny

tris_majestis

Finally IWM with some tasty dip

95Daphne

No, tech was strong last week and is strong again to start this week, IWM led last week, but is down this week for now at least, suggesting a lot of the rate beneficiary deal is priced in. Just because the Dow was down (not really noteworthy though), doesn't mean the SPX is also down.  We've gotten to the point where tech being deeply positive is all that's needed for it to be positive.

Busy_Point_3091

The concentration is crazy, here’s the SPY and the QQQ’s 💦’ing all over themselves with new ATHs everyday, then there’s IWM which hasn’t made a new high in 4 years lol

HistoricalLychee9514

IWM

LickmiAsset

I felt sad when I looked up CEO of SPY QQQ and IWM, we were never meant to win

jayxmor

WHEN WILL IWM HIT ATHs!? I’m dying for a fucking pump 😂

BuySlySellSlow

I'm pretty deep in IWM calls... Might have gotten in a bit too early. At this point, just hoping for a cool print. 🤞🏼🤞🏼

WSB-Rizzler

Gonna load up on IWM calls if inflation doesn’t come in hot

Asleep-Strike4978

I thought rate cut is good news for IWM. Why it’s down then?!!

Dstein99

What similar funds are you looking at? VOO was up .24% and Small caps (IWM) were down .6% so .13% sounds about right.

Shah_an_shah

No ATH for IWM.

King-Doge-VII

IWM needs some help yall plz include him in ur play

tris_majestis

IWM has 20 minutes to get it's ass back down here or ima be upset.

95Daphne

Considering that IWM is down, I'd say there's some minor concern, but large caps stuffed it and it isn't tech that did so this time, the big banks did.

VigilanteWit

At least these SPY calls are eliminating some of the pain IWM has caused me this morning

chibi78

Any day IWM is red , its a great day

wilhelm96

IWM flat for 4 years. NYSE should just delist the entire Russell index

sloanemonroe

Maybe a sell the news situation on the market and IWM is front runner

sloanemonroe

IWM getting smoked

Busy_Point_3091

Just delist the IWM already, it’s clear ‘Murica doesn’t give a single shit about small caps 😆

Expensive_Tip_3776

IWM waking up from a 4 year consolidation. The suspense is terrible. I hope it lasts.

Dull_Broccoli1637

Can't wait for rate cuts. IWM / small caps upp Big caps down. Rate cuts can't help the lagging labor market if al.job cuts are coming from AI adoption

BuySlySellSlow

IWM calls, $250 strike with a 09/19 expiration.

gallant_hubris

lol. I’m so glad you don’t have course to sell. I’d have to disregard everything you just told me! 😀 That is what I’m targeting: a few hundred dollars of income per day. We seem to be thinking in much the same way. I’m still working out the details of my strategy (short strangles on IWM with a longer protective put hedge) Maybe once I get all the kinks worked out I’ll shoot you a message and get your thoughts, if that’s okay! You seem good at this.

DaFlyingGriffin

I think tech will do fine. I'm just not convinced the fed will have much runway to cut too much this year due to worsening inflation kicking in after August, and people will be disappointed. I'm probably wrong about this, and it is all baked in. I'm just a bit surprised that IWM is so euphoric in response to last week's employment data.

Shah_an_shah

Yeah that’s what I do. You can try IWM too - it’s cheaper , and moves a little slower. Index safer and recovers the quickest after downturn. With stocks you are relying on a lot more variable specific to that company.

dimethylhyperspace

I did have SMCI calls today but closed them early for like $10 profit lol. For whatever reason that stock has no juice. I'm still looking at gold and the IWM for calls and Goog fo puts. But I shouldve done that today lol.

EvolvingDior

You're right, of course, about IWM. But QQQ and SPY have been very correlated.

NVDAismygod

Oh really? IWM hasn’t reached ATH in 4 years and spy did 2 days ago. Highly correlated???

NVDAismygod

Coincidence IWM, SPY, and QQQ are all within 2% of ATH?😭

Euphoric_Tailor_9708

I asked ChatGPT to apply your logic to my current strategy this is what I got Lessons From sharpetwo 1. The “Good Stock List” Isn’t Static - There’s no magic list of tickers. - What works depends on your goals (safety vs. premiums). 2. Two Paths in the Wheel Strategy - Safety & Steady Premiums: • Use big, liquid ETFs (SPY, QQQ, IWM). • Pros: tight spreads, steady fills, less risk of random headlines blowing you up. • Cons: huge buying power required (not practical for smaller accounts). - Juicy Premiums (Higher Risk/Reward): • Semiconductors (NVDA, AMD, SOXL) or meme-adjacent stocks. • Pros: fat premiums. • Cons: gap risks; must accept being assigned 10% lower overnight. 3. What to Avoid - Thin names with wide spreads (hard to exit). - Low IV stocks (premiums too small). - Biotechs, penny stocks, earnings roulette (binary risk = wake up assigned garbage). 4. The Wheel = Short Volatility in Disguise - You’re selling volatility when you run the wheel. - Edge isn’t a magic ticker → it’s about finding where options are expensive (look at IV rank, VRP, vol surface). - Success = managing risk once you’re in the trade. ■■ How This Helps Us - Since you don’t have buying power for SPY/QQQ, we scale his idea down to $5–20 tickers with liquid options. - We split tickers into Steady (safer, smaller premiums) and Juicy (riskier, bigger premiums) categories. - The main principle we keep: • Stay in liquid names, manage risk, avoid traps. I feel like this help me Thanks

gallant_hubris

I am brand new to this. I would love to learn from some of you experienced folks! Being new to options (not trading) I am drawn to the 0DTE contracts: it’s a whole lot easier for me to predict what is gonna happen at a macro level in the next 8 hours than in the next 8 weeks (especially given the chaos of the current administration). What is your view on this? I am not interested in “excitement”. I want to create the absolute most boring income strategy I can. As of now that means a basic wheel on IWM dailies (along with a leap put to protect the downside from my cc sells). Can you give me a couple buzzwords/concepts to read up on for additional “boring” strategies? And thanks for your post. I always used to tell my kids: “a wise man learns from his mistakes. An even wiser man learns from the mistakes of others.” 😀

Commercial-Tart-7369

IWM

sharpetwo

The good stocks list is not static. It depends on what you want out of the wheel. If you want safety and steady premium: big liquid ETFs like SPY, QQQ, IWM. Tight spreads, easy fills, you will not get ambushed by a random headline. If you want juice: semis (NVDA, AMD, SOXL like you said) and meme-adjacent names. Premiums are fat, but so are the gap risks. You need to be okay waking up assigned 10% lower. What to avoid? Thin names with wide spreads, low IV, or binary risks (biotechs, penny stocks, earnings roulette). That is how you get exercised into garbage you never wanted. Tthe wheel is just short volatility in disguise. The edge is not in finding a magic ticker it is in finding where options are expensive (look at the vrp or the vol surface) and then managing risk. Good luck.

gallant_hubris

I have been wheeling on IWM daily options pretty much exclusively. Had several weeks of success, but I’m quite new here. Doing daily contracts mainly to get more reps before scaling up my account. I’m far too new to be giving advice, but that’s what I’ve been focusing on!

bilboomerbaggins

IWM straight line up

BuySlySellSlow

!banbet $IWM $250 10d

BuySlySellSlow

IWM calls, 250 strike expiring on 09/19.

wyterk

All of us have some part of this gambling instinct otherwise we wouldn't be here. As more safer choice would be to buy LEAPS instead of going for 0DTE or other gambling modes. I would suggest buying LEAPS (365 DTE) on QQQ and IWM as with rate cuts they both will do pretty well over the next year.

CorrGL

I'm currently long on IWM, I'll sell when the date for the rate cuts approach, as I think it will keep appreciating at least until that point.

dimethylhyperspace

IWM calls too obvious? Last cut, the IWM mooned and the Q's tanked. I remember bc I had QQQ calls and was bamboozled

TheRealSlobberknob

Not to mention, isn't IWM more sensitive to rate cuts as it's small cap?

DontEvenWithMe1

Why are you in IWM puts when SPY will be tanking? There’s a tiny bit of crossover between those indices, but they don’t always run related tracks.

optionstrategy

Prediction SPY -20% in a day, actual trade: IWM otm puts. Damn you are regarded.

Least_Pumpkin2580

But IWM closed green. There’s an ongoing rotation to small cap/growth stocks the last few weeks pricing in a cut.

Wiscoguy1982

Its ticker better be IWM

Mharciello

DOW, dow jones > 0dtes calls IWM at open yomorrow

sloanemonroe

I can tell you what you should have done. Bought spy puts at the open and IWM calls at the bottom. Would be rich.

NotDiippy

Just yolod my last $9 in IWM puts at the top. Turned into $100

95Daphne

Just a completely brutal pump fake on the first 30 minutes, but I wouldn't get excited until it follows through on Monday if bearish, as 8/1 didn't follow through.  That said, I was wondering if whether IWM needed to test $240ish and see what happens, and it got close, and AI infra ex-semi is getting hammered...

creemeeseason

Some of the short positions on decent stocks is amazing. UFPT has like 20% of the float short. CRMD too. Interesting theory I heard: long short funds have been increasingly long on NVDA requiring more and more shorts to counter that position. However, the flip side is that of NVDA sells off, those funds will be forced to close those shorts which could lead to a really violent rally in small caps. IWM and oil both have near record short positions and could see similar rallies. Interesting theory, we'll see what happens with it.

ThinkingOfTheOldDays

into IWM for the day, idiots will keep bidding it up on this new belief of a 50 bps cut from fed. absolute retardation, but it is what it is

95Daphne

Unless we switch to IWM leading after the bell, I would say the market does have some minor concerns Tech seems to be affected by economic concerns the least.

DueHousing

Market crashes every time IWM pumps