SPXS
Direxion Daily S&P 500® Bear 3X Shares
Mentions (24Hr)
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SPX / SPXS Madness | 48K Options Play | Expiring Next Week (Opened Today)
Am i stupid for dumping over $15k betting against the market?
You are really just gambling if you’re buying calls right now.
SPXS: Sold SPXL and bought SPXS at $13.45. Market Pullback next week?
Crayon Drawings for Impending Sell Off
I took a year off trading and decided to get in again and start small so I don’t blow my load all at once. All of this of this has been swing trading SPXS, SQQQ, TBT and UVXY. Now I’m long in LEAPs with my profits.
6 months Deep in my Short Position
SPXS vs SPY -- Which yields the larger return if your bearish thesis is correct?
Options on QQQ & SPY vs SQQQ & SPXS -- Which yields the larger return?
SPXS is up 6% since 6 days ago when I decided to short in response to the Fear and Greed Index hitting 63.
What to Buy If I'm Expecting a Crash?
All in on $SPXS. Santa is dead and we will retest 350 in the coming months.
Using 1 or 0dte Spy puts and calls around volatile events like FOMC and CPI data releases?
2022-11-29 Wrinkle-brain Plays (Mathematically derived options plays)
How screwed am I with my inverse leveraged ETFs?
How screwed am I with my inverse leveraged ETFs?
Market Crash and Food Crisis YOLO Update 10/24
I am Holding thru the night with SPXS puts almost to 1k%. First class Degen.
100-1k challenge done. second time in 2 weeks. All in one day off SPXS
$1000 order for SPXS before CPI report today 🚀
Anyone taking profits on shorts yet?
Market Crash and Food Crisis YOLO Update 9/23
Will A Market Crash in America Cause Other Countries To Collapse
ETF and Stock Recap for Wednesday 9/21/2022 capped by volatile last 2 hours before close - Some green for inverse ETFs (SPXS, SQQQ, SOXS, SPXU, SDOW, TZA). All red for stocks.
Market Crash and Food Crisis YOLO Update 9/16
Market Crash and Food Crisis YOLO Update 9/9
Market Crash and Food Crisis YOLO Update 9/9
If S&P return with dividend reinvestment 1970-2021 is 17.87% average, what kind of return does a day trader need to get to beat buy + hold?
Biden needs to press his old man boner on Jpow’s transitory throat:
TA based trading can be simple if you bet right on bear vs. bull market
SPXS valuation based on impending crash of markets
Which is superior for a UK investor, VUAG or SPXS (Currency Hedging questions inside)
SPXS LEAP ATM Call - Can someone explain to me why this is a bad idea? Genius or retarded 🤔 trying to figure it out.
Can someone explain to me why this is a bad idea? 🤔 Genius or Retarded, trying to figure it out.
200SMA Crossover, Hold on to your butts!
SPXS, or any chance of a hedge at all at this point?
Help me understand this please, from one ape to another
Thoughts on Inverse SPX ETF's for the last quarter of 2021
I’ve been betting against the SP500 for over a year now. SPXS🚀
Things you can do to not get hosed if we have a market correction.
Does anyone have a game plan for the market crash?
Call Options on SPXS and SQQQ due to Jerome Powell’s August 27th Oration.
$ET, $SQQQ, $ZNGA: Weekly Straddle Edition
Long Time Lurker. First Time Caller. Seeking Advice On SPXS Options Play.
Am I making a dumb bet ? Please give my your opinion
Does anyone know of a Consumer Staple (XLP) ETF but 3x leveraged???
UPDATE on Market Crashing Soon Positions and an extra simple explanation for the Apes in the back
Housing a Big Bubbly Pile of Garbage that will soon be on Fire, a follow up to my Market Crash Post
A follow up to my market crash post specifically about what's wrong with the housing market
Deep ITM put with a delta around -0.8 on a bear ETF like $SPXS. 365+ days until expiration.
Mentions
I have way too many SPXS calls for this to materialize into a win.
Well, I hate to be Captain Obvious but OP can't buy until Monday anyway. I guess OP could jump into some 3x bear etf like SPXS (I think that is the one). I think it trades 24 hours on RH.
Shit, if one starts to say bad then the others might too. Looks like I’m switching from SPXL to SPXS if that happens
Well, to be honest, by balls deep I mean $160 worth of SPXS puts, so it may be Opposite Day for me.
Any ETF that has similar exposure to the stocks SPY tracks are going to have similarly high prices unless you do leveraged or inversed leverage options (SPXU, SDS, SPXS). They're cheaper but also don't move as wildly unless there's a big event that affects SPY.
welp, i bought 60k worth of SPXS to hedge my 662k notional spy shares and calls. i think we've got more room to fall in the short term, and idk if we recover to ATHs by 5/15 
If you bought 100 weekly SPXS 9 calls at the bottom, you’d be up $2k
I put my 100% of my 401k in SPXS
All you really gotta look at is SQQQ and SPXS because if they are barely moving or going down, bull run continues
Good thing I sold all those SPXS calls yesterday
I am up to my tits in SPXS calls rn so just keep chilling
Puts RDDT. Buy RILY Buy EBay Buy WPC Buy SPXS (getting ready for the down market) Buy PPL Buy RSPI - speculative news
SPXS if want cheaper options.
By putting your money where your mouth is, $SPXS your life savings
I hope so because I spent all of my easily earned money on triple leveraged short stocks, SQQQ SDOW SPXS. I'm Jacked to the tits!!!!! - Ryan Gosling (The big Short)
0dte is gambling with your account size. i tried it too but i got tired of losing. the best way is to get away from SPY until you can buy contracts that are ATM or ITM at one point during the day. trade the leveraged etfs, or something else that has volume but that is significantly cheaper to buy ITM or ATM. weeklies on SPXL or SPXS arent that expensive. you can buy more of them and get consistent 10%-15% winners. it will help you to create realistic goals for yourself. 70% is nice and all in one trade, but it doesn't teach you much if that wasn't your goal. its better to hit seven 10% trades in which you are fully in control and not hoping for a big move.
Insurance in the AM. SPXS CALLS, 17Jan25 $17C. Dirt cheap right now. If it takes a poop, I’m in a good place, if it doesn’t, I get them cheap.
SQQQ, SPXS, and similar. TMF if you expect bonds to go up like in 2008. Anything VIX related is fine on the way down but it'll revert to the mean really quickly so you need to time it perfectly.
SPXS 9 put EOD SQQQ 10 put EOD These my final plays with $20😭😭
I got calls (10) and puts (9.5) for this week and next. SPXS This is the only way I play with SPY I think by EOY it’ll gonna wind up right where we are now so I’m not in the long ones yet but watching
3/8 covered call $SPXS with strike at $10. so it is probably going to go to $20 right?
SPXS calls, b.c i am poor.
I can't afford calls on SPXL. I think the market will go up. But I CAN afford puts on SPXS! Haha!
Holding SPXS (bought at 9.74), SNOW (bought at 177.4) what should I do
I hope. I’m holding SPXS and looking for opportunities to add more.
Bet it all on SPXS Calls. Nvidia destroyed me lol
Alright fellas, everything on SPXS calls
The party is officially over. SPXS
I got 50 calls on SPXS about a month out for the shitshow that's coming
Got my 50 SPXS 9c 3/15 
Tryna get some SPXS $9c 3/15s for $0.75
Just got April calls for SPXS
NGL. SOXS and SPXS ATM straddle was a too easy, stress-free play. Maybe not quite a profitable, but honestly, it was a crap shoot going into NVDA ER. 50 FEB 23 SPXS $10.00p and 25 FEB 23 SOXS $4.50p are going to pay nicely.
No is the time to take NVDA profits and jump on NVD and SPXS for awhile, I have a gut feeling for the next 2-9 months we will see a popped. Bubble
Doubled down on my SPXS puts today maybe I’ll sell em maybe I’ll…watch em expire worthless
I played it safe with ATM straddles on both SOXS and SPXS. All I need is for thetagang to lose.
I got half nvda half SPXS shares in my account right now
SPXS straddle... FEB 23 $10.00 puts and $10.50 calls.
Let’s use US stocks - SPY go down SPXS go up (inverse). And if it’s leveraged then just imagine you’re multiplying your volatility.
When NVDA drops it going to take the Market with it .So the day before I'm buying SQQ ,SPXS,SPXU set stop loss for 5%. when I think I see the bottom of the drop (I will mess that up for sure) sell the shorts and use that gain to buy the dip. Can't go tits up ?
$SPXS for the next couple of weeks.
SPXS calls expiring next Friday were the play.
Only thing bulls should be using this  for us SPXS 
Outside of cash, all I have in my account are calls. SOXS calls and SPXS calls.
I bought FEB 23 SPXS $11.00 calls yesterday. Then SPY pumped in the afternoon, so I panicked and bought SPY $496 calls expiring today.
SPXS calls are a good buy NOW at \~ $1.25. were a buck yesterday.
Calls on SQQQ and SPXS! No puts allowed.
Glad I just held off on posting that SPXS order.
Is there a chance for my SOXS and SPXS calls?
Pussy could have bought 15 SPXS ATM outs for Friday and made like $1000
Remember to rotate out of XXXX and into SPXS & SPXU at the peak.
This is hilarious to me because I managed to make money on UVXY, SQQQ, SPXU, and SPXS. I'm either lucky AF or my doom/gloom radar is amazing. I wish I was smart enough to figure out which.
Just bought $95,000 worth of SPXS while having lunch with my wife at Epcot. She doesn’t understand why I’m scarfing my food with one hand and furiously checking my phone with the other. Since she wouldn’t get I just told her I’m getting us some really good Genie + ride reservations. She doesn’t know we lost $21,000 this week. I’m so happy.
Bought SPXS $10.50 puts a couple of days ago as a hedge that expire tomorrow. I figured they were just going to expire worthless. Looks like they have a chance as well.
Either hold, roll, or dump and buy SPXS puts if you think it’s going down. Still time to make some or all back but you do you.
inverse sp500 - SPDN if you want a higher risk/reward ratio, look in to 3x inverse sp500 fund such as SPXS
I see SPXN SPXL SPXU SPXC SPXS, etc... Not just SPX
I'm with you on that. I bought some FEB 02 SPXS $11.00 calls today.
If that's your opinion you could go SPXU or SPXS. Both are 3x inverse leveraged S&P500 ETF's.
even with as low volume as on the SPXS? https://www.barchart.com/etfs-funds/quotes/SPXS/options?expiration=2024-02-02-w
Hello together, i want to implement a strategy, where I short the SPXS via long put options onto the ETF via interactive brokers. The plan would be to sell the long put when they are ITM before expiration. But if a sell before expiration does not happen (for example if no one wants to buy it, due to low volume) and i am stuck with the long put expiring ITM, how does IBKR manage this, since I don’t own 100 shares of SPXS that I could sell to the seller of the long put. In my understanding,this situation would be handled as following: I bought a long put and its expiring today ITM with ah strike price of 13 USD and a share price of 11,14 USD as of today and I have 1500,-€ in my cash account on IBKR. The ITM long put expires today and the seller of my long put has to buy 100 shares at the price of 13 USD from me (which I don’t have). IBKR automatically exercises the option and buys 100 shares of SPXS from the market with a price of 11,14 USD per share, then directly sells the shares to the seller of the put option. The difference (100 x 13 USD – 100 x 11,14 USD = 186 USD) is then placed into my account. This would require my account to has a margin high enough to buy the 100 shares at the price of the expiration of the option or I have enough cash in the account. For as today with a current price of 11,14 USD per share I need a margin/cash of 11,14 x 100 in my account, therefore 1114,-€ for one long put contract ITM that expires today. But according to the following statement of IBKR it seems, that it would play out differently: “If the option is in-the-money at expiration by 0.01 or more, it will be automatically exercised on your behalf (unless you previously choose to lapse the option) by the Options Clearing Corporation (OCC). If the account has sufficient margin to satisfy the requirement on the resulting position, it will then be up to the account holder to decide what they want to do with the position.” What Happens to the USD Equity Option That I Am Long at Expiration? (ibkrguides.com) Regarding the statement of IBKR It looks like to me, that they don’t handle the buy a market price and sell at stike price to the option seller automatically. I would then end up with a short position of 100 shares of SPXS in my account (which I don’t really want to, since I have then the additional risk of shorting the share = unlimited risk). What would be the correct way, to short the SPXS with buying put options that are currently OTM and will be ITM at the time of expiration and cant be sold, due to low volume? Also please correct my thinking if I’m wrong. Thanks in advance.
$SH for normal inversing $SPXS for 3x leverage 
I've been there with SOXS, NAIL, SPXS, SPXL, BOIL, GUSH, DRIP........the inverse 3xETFs never come back.
Chill I got SPXS calls 😭
Just my opinion - NOT ADVICE!!! This Friday SPXS $13 calls are going NO BID. I picked up 100 call options for $100. one cent. If the SPX index gets anywhere near 4600 by Friday (its possible, not probable), this will turn into a "0DTE" play with a penny for penny gain for anything over $13 or under \~ SPX 4600. Again a total gamble. WTF. its only one BEN. 📷
Just my opinion - NOT ADVICE!!! This Friday SPXS $13 calls are going NO BID. I picked up 100 call options for $100. one cent. If the SPX index gets anywhere near 4600 by Friday (its possible, not probable), this will turn into a "0DTE" play with a penny for penny gain for anything over $13 or under \~ SPX 4600. Again a total gamble. WTF. its only one BEN. 
Those SQQQ 13.50 puts made my port turn green. Was down after buying SPXS and SQQQ calls. Turned it into a straddle FTW. Just need a large move.
did you read the prospectus or fact sheet for SPLX? They tell you in **bold print* that this ETF should not be expected to replicate 3x the performance of the underlying index over the long-term. >These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index **for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark’s cumulative return for periods greater than a day.** https://www.direxion.com/uploads/SPXL-SPXS-Fact-Sheet.pdf
Bought SPXS yesterday. Can’t time these things but it’s at a 52 week low low it’s got to correct at some point.
I bought SPXS. Am I smort?
It’s not about doom and gloom, you are missing the whole point. Remember this is the r/stocks subreddit. When the crash happens it will be a huge opportunity to buy low or like I did short the stock market now when the shorts are cheap. SQQQ/ SPXS/ SRS/SDOW were low this week so I bought a bunch. Just sit and wait now. A friend of mine made some money on puts this week. It’s all about the money!
SPXS calls are dirt cheap rn. They won’t be for long
SPXS 12.5/13 cal debit spreads expire friday. Only thing getting spread are my cheeks
Sold my SPXS calls for a $25 profit. Got tired of watching theta have fun. Now playing the waiting game for some 10 bagger opportunity to present itself. Other than that, just sitting on CALM puts for ER that reports AH.
So buy 5 shares of SPXL for each 1 of SPXS. Got it.
i'm all cash, waiting for that 'black swan event'....little bit of SPXS calls.
Should have bought SPXS calls instead. Puts are fooled, calls to the moon baby.
Just buy some SQQQ or SPXS to hedge a downside move.
Hello, I've recently come into some money (£10M+) and am looking to build a portfolio for long term capital growth. I am sufficiently young (early 30s) that I can accept a degree of volatilty over the medium-term: I am looking to maximise gains whilst minimising fees along the way. My current thinking is the following - what would your guidance be? Note: the intent of holding different, more precise funds, is to minimise fees, provide greater visibility over performance, and enable easier reallocation across asset classes. Thank you. Flynn. ​ |Objective|Asset class|Product|Fee|10 year return to date|Morningstar| |:-|:-|:-|:-|:-|:-| |Liquid access to capital, low-risk|Gilts, 1 yr|Treasury 0.25% 31/01/2025 (TN25)|N/A|4-5% (current)|N/A| |Passive exposure to US growth stocks|NASDAQ 100|Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ)|0.3%|21%|[5 Star, Neutral](https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P000015O4)| |Passive exposure to US large cap|S&P 500|Invesco S&P 500 UCITS ETF Acc (SPXS)|0.05%|15%|[5 Star, Silver](https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0000OODS&InvestmentType=FE)| |Passive exposure to US small cap|MSCI USA Small Cap Value Weighted Index|SSGA SPDR ETFs Europe II plc MSCI USA Small Cap Value Weighted UCITS (USSC)|0.3%|7%|[4 Star, Silver](https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P00015EI2)| |Passive exposure to US small cap|Russell 2000|Legal & General Russell 2000 US Small Cap UCITS ETF (RTWP)|0.3%|11%|[3 Star, Silver](https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0000IM6Z)| |Passive exposure to UK large cap|FTSE 100|iShares VII PLC - iShares Core FTSE 100 ETF GBP Acc (CSUKX)|0.07%|5%|[4 Star, Bronze](https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0000N5Q6)| |Passive exposure to UK small cap|FTSE 250|Vanguard Funds plc FTSE 250 UCITS ETF Acc (VMIG)|0.11%|5%|[4 Star, Gold](https://www.morningstar.co.uk/uk/etf/snapshot/snapshot.aspx?id=0P0001HGTD)| |Passive exposure to Global small cap|MSCI World Small Cap|Vanguard Global Small-Cap Index Accumulation (VANGMSI)|0.3%|9%|[4 Star, Gold](https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F000005OPT)| |Active exposure to Global equities|Well regarded active funds|Dodge & Cox Worldwide Global Stock Fund GBP Accumulating Class (DODGX)|0.63%|11%|[4 Star, Gold](https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000JNOS)| |Active exposure to Global equities|Well regarded active funds|Fundsmith Equity I Acc|0.94%|15%|[5 Star, Gold](https://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000LK2Q)|
No, he said calls, SPXS calls.
I don’t buy puts on SPY. I buy calls on SPXS 🤝🤝. !banbet
Then profit from being right. Buy SQQQ SPXS until your inevitable outcome happens.
sold my 0dte puts, hoping it goes a little more so i can drop my SPXS bags too 🥺
SPXS 12c 12/22 were looking better yesterday. I should've probably rolled those puppies out.