Reddit Posts
Michael Burry Loads Up On QQQ Puts, Boosts MU Short As He Braces For ‘Larger Fall’ — Here’s What He Did To NVDA, PLTR And TSLA
Got exercised at the strike automatically 800k worth!!
It's a sign, market crash tomorrow QQQ to 385
SPY Is Coiling Below $775 What Could Trigger the Breakout
US market - VOO or CSPX QQQ or CNDX or anything else?
Buying QQQ is easy. Holding through the pullbacks is a whole different thing
How should I split my Roth IRA between VTI and QQQ?
At what point does owning SPY + QQQ + a growth ETF stop being diversification and start being the same bet in different wrappers?
I only need to trade like this for another month and I'll blow my account
I trade for a living - why I’m still bullish into CPI and the levels I’m trading on SPY, QQQ, oil and DRAM
These are some real lessons that I have learnt the hard way.
Two years of emotions, ups and downs, all for table scraps
Built a free dealer-gamma (GEX) map for SPX/SPY/QQQ — tell me where the methodology is wrong.
Has Michael Burry officially dethroned Jim Cramer as the king of financial flimflam, or is there still time for Cramer to mount a comeback?
For anyone wondering exactly how much QQQ and VOO/SPY actually overlap, here is the math.
The Nasdaq 100's valuation premium over the S&P 500 is near a 9-year low. Is tech actually expensive anymore?
QQQ 10 dollar green rocket up my anus at open
Buying QQQ is easy. Holding through the drops is a whole different thing
Racking up 100% trading options day after day adds up to big money
I Trade for a Living - Here’s My Setup for Semis, SPY and QQQ
Buying QQQ is easy. Holding through the drops is a whole different thing
Deconstructing 0DTE Option Losses: Traders Freeze During Intraday Volatility Surges
$200 > $5,000 challenge day 1
SPY closed the week in the deepest positive gamma I've seen in a while (IV ~9%)
When I put $5 on a stock I win , put $50 in I lose almost every time.
Buying the APPLE dip might not be a pro move.
Prepare yourself for the Regime Shift
Prepare yourself for the Regime Shift
QQQ $660 calls expiring today, ngl thought it was over at one point
July 24/27/28 is the first time in history that the S&P 500 was positive 3 days in a row while QQQ was negative 3 days in a row.
Bought 60k worth of QQQ LEAPS and 20k worth of DRAM LEAPS
HYG Just Broke Down From a 3-Month Triangle Consolidation. Is the Equity Market Next?
Stared into the abyss today
SOX just hit bear market territory. This earnings week is make or break for semis
I model dealer gamma daily. Right now all three big index ETFs are negative-gamma below their flip,
1DTE $21K SPY FD Yolo - 735P 7/20/26 220x @ .96 Each
Regarding the Recent Stock Market Movement
Regarding on the Recent Stock Market Movement
June CPI missed big but I'm not buying the full rally yet
Always a Pleasure $HOOD. Thanks again QQQ
Always a Pleasure $HOOD, Thanks again QQQ.
QQQ gonna spike soon (UP or DOWN)
Held these 0DTE over weekend. 11K QQQ calls am I cooked?
If June CPI comes in hotter than expected, is the better trade Treasuries or SPY/QQQ puts?
Investing is really a lifelong battle against our own emotions
A huge trade just happened on the Nasdaq 100. Bulls are taking notice
Your wheel is probably less diversified than delta makes it look
Mentions
I would probably not do single stock leaps unless you have high conviction. LEAPs on SPY or QQQ are totally fine though.
DCAing 4k into QQQ today. Don't gamble kids
QQQ will have a red week
Should be an interesting week. $SPY and $QQQ are still holding up pretty well. Keeping an eye on $NVDA too, and $SPCX has that Aug. 20 lockup coming up. Fed minutes Wednesday could shake things up a bit. Let's see what happens.
I just know QQQ is gonna go fucking nuts again this week
Why would SPY tank that much off of NVDA? QQQ would.
I don't know how you're so down in an up year. My portfolio has been spiking since april thanks to VGT/QQQ/SPY, you know....the standard
Wait $740 QQQ? Ya nvm need a bigger pump than $2
Congrats on those QQQ I have no idea why SPY is being a bitch 🤦♂️
damn i scalped $1900 profit so far on QQQ whew
DCAing 4k into QQQ today
Crypto RIPPING. QQQ calls at open are going to print
I have QQQ 738 0DTE? Am I cooked lol?
I mean it’s not Wsb but yea I’ve had most of mine split something like 40% VOO, 40% QQQ, 15% random long term, 5% yolo wsb style money. Overall I’m up around 70% ytd last I checked which is more than enough since I thought I was good years ago lol. Obligatory need money to make money but SPY options have treated me well and they’re not that expensive. Hard to be mad seeing 1000% gains over the weekend when the mango man says some dumb shit lol.
https://preview.redd.it/ag6i6qgt7ujh1.jpeg?width=1179&format=pjpg&auto=webp&s=bb1540f5417bcd6d859b2cdfc96cdae8dc68d56e Probs NVDIA mid 2022. Averaged around $17 a share for 1200 shares. Stoped buying that after ChatGPT came out and been QQQ ever since
Over time, it has not and will not. QQQ is more volatile but it wins over time.
SPY doesn't outperform QQQ
Probs NVDIA mid 2022. Averaged around $14 a share for 1200 shares. Stoped buying that after ChatGPT came out and been QQQ ever since
Woah now why QQQ puts?
Yes. But managed to sell some shares on Thursday just before the inclusion in order to buy a put on QQQ
220 MRVL calls baby! Kinda bit of a yolo.. bought 5… one at a time Friday.. QQQ to the moon and AI stuff back in play since NVDA is now shareholders in SPCX.. makes no sense what I just said. But MRVL! Let’s go baby!
hooooh, i took a small profit of 1600 on that QQQ run that was heart thumping
okay i bought some leveraged QQQ with 70k
anyone else shorting QQQ or just me
Black Monday Tesla down -20%, NVDA down 14%, QQQ down 6%
QQQ up 1.3% on the Wellington, NZ futures market 🔥🔥🔥🔥🔥🔥🔥
Lol what? like 70% of QQQ has beat the shit out of earnings
Probably smart, maybe next payday I’ll go long QQQ
Everyone’s a hater until QQQ retests $700
Drooling on my QQQ and SPY puts expiring on 8/21🤤
Just trade SPY or QQQ.. MU is expensive and wicked volatile.. all I trade these days are those two, Microsoft, Google, and Apple.. and buy puts on amazon, target and some times palantier just cuz I hate them
When will people learn. SPY and QQQ always go up
Hold it! Good chance QQQ makes a new ATH this week.
What's the consensus? SPY and QQQ, calls or puts for a Wednesday 11:30am strike? Or stroke? Or strobe? I don't know. It's just u/imustbegthequestion
He is early on this trade once again. I could see that MU would go down, but perhaps in a year or two, and before that it may go to $1500 or $2000. I don't think we see that much downside on QQQ at all. if people sell semis they rotate it into hyperscalar or saas. At least with Nebius we can argue that it's unprofitable and has loads of debt. Why shorting a company that expected to bring in $200B profit next year? seems very risky
I don’t trust that this is timely either, both QQQ and MU are expected to keep grinding higher technically. We’re still mid innings.
I know loosing money can make you try different kinds of trade to try and make it back, I have been here before , just narrow down like 5 stocks that you can do options on, I would recommend spy , QQQ, Nvidia , Amazon, AMD , and always choose one or two to trade on , don’t do long contracts , can always do overnight but not more for now !! Until your bread is up and you are a pro on the game
We just had an 11% correction on QQQ and earnings has been killer and stocks have been holding their earnings gaps. Even if we do get a correction I doubt it comes right now too much good happening. But if I'm wrong fuck it im already up nicely on all those names.
💯 even if bombs flying… I took an otm QQQ put for Monday but probably ☠️
Believe it or not? Calls. Fr if you don't have the money thr broker will just sell it at market. Or you can just hold it. QQQ always goes up.
people who actually post their portfolio/get upvoted are already outliers. if this guy full ported QQQ right now, his average gains per year would probably still be more than the average user on this subs whole account
Just ask yourself.. why are you betting against the US economy? When you’re shorting SPY or QQQ, you’re essentially saying the economy should not be this good and I rather see people lose their jobs because our economy is f up. I’d rather be an optimist and betting for or just not invest at all. That said it’s a bit different betting against individual company if you think they’re doing shady stuff.
QQQ would of be green, but since you posted, this becomes an exercent opportunity for wall St to crash QQQ Monday morning so your position will be sold by stop loss and trigger more panic sell
SPX/SPY 65-70% NQ/QQQ 85% Are the % of option flows that have an expiration within the next 5 days. That is to say that the majority of option flows and therefore the majority of price action is influenced by option flows expiring within the next few days with a bulk of them expiring 0DTE. On August 4, 2026SPY complex recorded the largest single day option volume with over 4.5 million contracts. So right now there’s more leverage than there’s ever been and the majority of that expiration and effects of volatility being played out within each week.
Red open Monday for QQQ and AMD -> I'll donate USD 2k
Which direction will the NASDAQ 100 go in the next month ? Who is buying the QQQ ? There is an old saying, Trade what you see and not what you think.
If you remove A.I and semiconductor stocks over the last 12 months the S&P would be flat and QQQ would be negative
Why VOO? QQQ has better returns
The market has been in fear for 3 months with QQQ being up 18% YTD and you have retards talking about a bubble. The democratization of public idiocy.
I appreciate you posting this but that’s not the case here, is it. This dude obviously didn’t intend to do any of those things. He was just gambling on QQQ, the default should be close 10 minutes early unless you explicitly say do not exercise or say you’re monitoring which most brokers allow you to do. I have TDA, TastyTrade, E\*Trade, and fidelity, and even TDA would close your position early (at least they did 10 years ago when I did something similar). Most brokers default to sell at close unless explicitly instructed by the user not to do so.
Take a good look at the long term QQQ and SPY. Being a bull is more often profitable than a bear. If I'd buy puts on QQQ or SPY, it would be with 1% of my porto only.
Well 1 of 3 things could happen: 1 - QQQ moon & you are green 2 - QQQ falls off the Marianas Trench & you are wiped 3 - QQQ flat. Your broker issues a sternly worded margin call. Great big nothing burger. Either way you are learning a valuable lesson. Close those puppies next time.
Worth separating two things people are conflating here. GEX is not a data feed you buy, it is a calculation on top of the options chain (open interest and gamma per strike). So the thing that costs money is historical open interest and greeks, not "GEX" itself. dolthub has some free EOD options data, ORATS and CBOE DataShop sell the clean historical chains. Once you have the chain you compute GEX yourself, which also lets you control the assumptions instead of trusting someone else's line. And the assumptions are the whole ballgame, which is why bradley is seeing it lag. Retail GEX bakes in a guess that dealers are long calls and short puts, and the published flip level lives or dies on that sign convention. When you backtest price reaction around a GEX level you are really backtesting the accuracy of a dealer positioning assumption, not a law of physics. That is most of why the correlation looks weak. The bigger trap for your exact tickers: GEX built from end of day OI will systematically misplace levels on SPY, QQQ and SPX, because those are precisely the names where same day 0DTE flow dwarfs the resting OI, and none of that intraday flow is in the EOD snapshot you backtest on. So an EOD historical GEX backtest on SPX is close to measuring the wrong book. If you are serious about backtesting those you need intraday chain snapshots, which is exactly the expensive part nobody is selling cheap. On the "does it provide an edge" question: it is a map of where dealer hedging can amplify or dampen a move, useful as context for how price behaves once it reaches a level, not a predictor of which level it goes to. Pair it with expected move so you have both the where and the how far.
Bitcoin is a store of value. No altcoin could ever be Bitcoin. If you don’t understand this, read The Bitcoin Standard. Bitcoin bottom should be in October. Bitcoin will be 250k-500k within 5 years. S&P will have a ~25% crash within 5 years. Not financial advice, this is my prediction!!! I’m dollar cost averaging into bitcoin and I dollar cost average into QQQ and gold/gold streaming companies in my Roth. I’m in my late 20s so I’m fine with big crashes. I’m in it for the long run!
Yeah either stick to QQQ or stop panic selling
QQQ and chill. It’s not too late
Not bad diversity for fun and learning. My SPY and QQQ helped me retire early, along with my employer’s stock, DUK. AAPL and MSFT are like staples now - invest, don’t trade.
Some brokers allow 24h trading of QQQ (for example Robinhood or Schwab). This would mean you could potentially sell on Sunday at 9pm.
QQQ calls? Welcome to the bright side 😎
QQQ is already heavy on tech stocks. What about 70% VT and 30% on 3 or 4 of those individual stocks.
You are lucky it’s QQQ and not some meme stock
QQQ will rip 5% and you make a few bands. Trust me.
Options auto-exercise at expiration if they're ITM, unless you instruct OCH (and possibly your broker) to not do that. I'm guessing QQQ traded 1-2 cents above strike right before expiration, putting your call ITM and auto-exercising. I can think of three separate things to do here, but none of them seem like good options. Depends on how pre-market looks like on Monday morning. But there does seem to be a way to get out of this alive. Worst case scenario: consider selling 0-day ITM calls with delta around 0.80. Deep enough ITM that getting called away is almost certain, but not too deep that you won't find a buyer. You'll end up with a couple grand in your account, and as long the market doesn't crash Monday, you keep that couple grand and the shares go away. Monday's 725 call seems to have enough volume / open interest that you may be able to find a buyer. Chances are you will need to aim for a price below midpoint (e.g. $6.50 instead of the current $6.53 mid) to get filled.
Remember that one time when you accidentally bought $804.100 of QQQ?
dude you just got assigned 1100 shares of QQQ at 731, that's a wild monday wakeup call
Mainly SPY and QQQ. I may try SPX as well.
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.
I sell naked puts using margin, not cash secured puts. I don’t hold any cash in my brokerage account (except what I need for monthly expenses). I aim for $1k, but the range I’ll sell them for is $500 to $1,500. Below $500 and I decide it’s not worth it (often I’ll keep to a higher minimum, just depends). Above $1,500, and I decide it’s not worth the risk. That means there are some days where I don’t sell any 1 DTE puts (like yesterday and today). Just a judgment call depending on what they’re trading for. I usually sell 10 contracts, either all at one strike price or split between two strike prices. Sometimes I’ll just do 5 (or skip days entirely as noted). Then I have a bunch I sell that are longer term (SPY, TQQQ, and a handful of others). With those, I basically am gambling that (1) people won’t exercise early, and (2) the market won’t drop below 30% for longer than a quarter. Obviously, neither assumption is guaranteed. But those can pay well (in my judgment), so I’m okay with the risk. I’ve been margin called before (multiple days in 2022 and 2025), to give you an idea of the level of risk I take on. Margin calls take some active management and strategizing…. I’ve recovered and come out ahead both times (I think…gets messy when you try to factor in taxes), but obviously there was a lot of luck to that. I don’t usually roll puts. I prefer to get assigned and day trade those shares (and I don’t sell daily puts during that time). I first try to flip them overnight or the next day, otherwise I hold until there is a gain and try to make a profit off of them…I did that this month quite successfully with 1,100 shares of QQQ. The tricky thing is resisting the urge to buy more to reduce my average basis when that happens. That’s how I ended up with 1,100 shares of QQQ instead of 1,000 — when QQQ was around $660 recently, I added one more contract that I intended to have exercised. Sold them all at $720. Got them assigned at $701 (5 contracts), $665 (5 contracts), and $662 (that 1 extra contract). I’ve never learned what the deltas mean, so I pay no attention to them.
#Individual stocks may drop, dump or even die but indices like SPY and QQQ will NEVER drop ever again LMAO🤌
0dte QQQ options is the only way my friend
This is just completely ignoring that the American stock markets, and retail investors, particularly on robinhood, have had the best wealth creation in the history of the world with SPY compounding +7% for a 100 years and QQQ looking like it’s on +25% CAGR and has 25x’d in the last 20 years (yes you read that right). These are the most common investments for retail traders… If you listen to these simpletons (“ai bubble” “retail trader exploitation”) instead of actively investing every additional savings into QQQ & SPY, don’t cry in the casino while you get left behind in the most prosperous and opportune place in history. Also just so you know you’re totally spewing misinformation fam…. Retail investors in the US have OUTPERFORMED instructional investors over the last few years.
Let's say you want to trade Nasdaq futures. First, you trade QQQ shares. If you're profitable after a bunch of trades, move up to 3x ETFs (TQQQ/SQQQ) in this case. Once you're been profitable trading those for a while, then you can move up to micro shares (MNQ). The last step is mini futures, NQ in this case. Now unless you have a big account, probably best to stick with MNQ. Buying NQ contract is currently similar to buying about $600k worth of QQQ shares. With MNQ, it's about $60k worth. When it goes in your favor, great. When it goes against you, it can be scarier than options especially if you don't use stop losses.
QQQ gaps up 750+ on Monday?
How dude, I'm a self declared gambler and my $150 is still up 8% on SCHD, VYM and QQQ. You had several points to cut losses as well.
Going straight to indexes to learn is an awful place to start. Anyone trying to jump in and learn options with QQQ/SPY are probably getting smoked right now. I lost about 5k in college to earn over 200k over the last few years. I think it was worth it.
What’s the average yearly return on QQQ right now? I know what SPY is
QQQ closing green, Inshallah
Bought QQQ $740 puts expiring on 8/21. SPY $781 puts expiring on 8/18
Hey thanks for the feedback. This looks to be more like I’m going for compared to standard CCs/PMCCs (although I understand their value for other scenarios) I’ll look into this. The reason I didn’t want to hold puts in QQQ was due to lack of volatility. I figured since my stocks are high beta, that QLD would be better suited since it’s 2x leverage of QQQ. I understand that placing puts on QLD still won’t fully cover my LEAPS in a drawdown due to delta loss, I just want to limit how far that draw down is. What’re your thoughts on placing a standing put spread on QLD instead of QQQ to counter this? (Or would you I suggest I stick with QQQ?). Appreciate the comment!
And you have to buy the right one at the very right time. And then sell it at the very right time as well. I bought QQQ puts yesterday at open and lost my ass. If I simply would’ve bought QQQ puts at the open today I would have tripled my money at one point.
QQQ and SPY both flat today. Close to testing the June/annual highs. Reversal inbound or preparing to rip again?
QQQ, likely deep itm puts for the safety. 750 spy puts would be too retarded
QQQ will go back to 740 end of the month..
not just any position. a memory stock thats up 680% on 1Y even after the big dip. he probably bought it when it was like 800% up 😭 also, if he hsd > $100k lying around and it hadn't been invested, thats just said. he could've bought QQQ and chilled
Best thing I did was stop trying to day trade and stock pick and just sit in SPY and QQQ. Thrown on some cash secured puts and covered calls for a little option action without losing your shirt.
All part of keeping VIX down. QQQ down .3%, IWM up .3% everything in balance
What’s up with this volume for QQQ these past few days
Imagine seeing QQQ YTD return almost 19% after this fiasco. Saddening.
Made money on QQQ 730c I guess