SPXS
Direxion Daily S&P 500® Bear 3X Shares
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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
Ideas for getting rich: SOXS SPXS
Loading the FUCK up on SPXS this time
The fact that Fidelity has been spam calling me after I opened a 100% SPXS position last month gives me even more conviction in my play.
Fidelity calling me YET AGAIN trying to make me get out of 100% SPXS port. The big boys and so scared of the based SPXS DCA'er
Fidelity called me on Friday to try to get me out of my 100% SPXS portfolio, thats a top signal. The US financial system fears the based SPXS DCA'er.
Fidelity literally called me right before the big dump, My entire port went to SPXS recently and I guarantee you they were going to try to convince me to jump out of it.
Im done with this market dude. Im just gunna DCA 20% of my paycheck into SPXS from now on instead of gambling options. I can DCA into it for the next two years, thats fine
I suppose you could try the non leveraged versions of SPXS if the problem is decay I'm curious why SPXS (or at least a non-leveraged version) wouldn't be profitable if your gamble that the market is crashing turned out to be correct. Isn't that the entire point?
Thank you! I do not think it is going to tank, but I have a specific indicator that I follow and it is telling me to exit all my positions just in case something happens. It might be a week thing or a month thing, I do not know, I just want to not sit on cash until I get my buy signal again. Maybe the 2nd point is the best one, i have backtested SPXS a ton of times and it is never profitable in this scenario. And GLD... i am going to look into gold, maybe that is it. Thanks!
I mean if you are so convinced it will tank you either 1. Bet it all on gold 2. hold cash and cash equivalents waiting for a crash. SGOV is functionally a cash equivalent. 3. If you're really really sure go all in on SPXS for the next period of time Of course, all of those are objectively stupid plans that are more likely to waste your money than earn it, but that was not the question asked If you think you're smarter than everyone else at timing the market by all means go ahead
8x SPXS 0dte 6650p….. come on sour hour
Red open.green later. Red EOD. SPXS, MSTZ, IONZ maybe
Easier than stocks. Been making bank on this last 2 months. Only thing that saved my account. SPXS as well. Charts dont lie.
SPXS has an interesting volume trend breakout in the last week compared to the previous year’s weekly volume… oddly similar to the pattern pre-liberation day 🫣
Loading up on SPXS 37.5Ps for the inevitable V
Surprisingly, my intl large cap value (LVHI) & intl corporate bond (IBND) etfs are green today, probably due to declining DXY. Gold miner (GDX & GDXU) etfs were red today but they've been REALLY green for the past week & due for a pullback. Unsurprisingly, 3xshorts (SOXS, SQQQ & SPXS) were very green today & for the past 2 weeks.
Surprised I remained solvent through that epic run since April. SOXS TSLQ PLTZ Will add SPXS tomorrow if we bump.
Can we have SPXS on the board so we can see green this week
That's the biggest misconception I heard throughout the years. That only applies to the reverse leveraged like SPXS, it'd designed to go to 0. Not the long 3x products.
SPXS shares, too spooked to go calls or puts rn
Not if you are holding SPXS
[Watching the general price trend after going full port into SPXS](https://youtu.be/DBwgX8yBqsw?si=yRGtieeJ6DynL9y-&t=20)
Time for calls on SPXS?
time to start collecting shares of SPXS and SQQQ?
I bought SPXS calls, am I fucked or did I do the right thing
Do you think we get lots of volatilty tomorrow? So calls on SPXS?
I heard the margin debt this past month was the highest on record. The potential fall tomorrow could be epic. $SOXS, $SPXS, $SQQQ, $SDOW
Went all in on SPXS, regarded?
I noticed volatility picking up throughout the week so picked up some UVXY, SPXS, and SQQQ weekly calls. Will sell the rest of them today and pick up a few shares of VTI to hold for the long term. Only long term options I have are UUP puts. Not sure what next week will bring.
Assuming a $100K port, I'd probably buy 10-20 calls on SPXS every Wed morning with expiry the next Friday. If you've been making a killing in the market (like most have) with 100%-200% YTD returns buying these calls for $500-$1000 wont hurt bank. This hedge might work for turbulent tweets but not if we head into a prolonged recession.
SQQQ or SPXS to hedge downside on Friday could have been a prudent strategy.
lol I hope so, I just bought $25k worth of SPXS on Thursday LOL.. I am already up about $1900
Ha. SPXS has been dinging for a week.
I'm gonna full port SPXS and TSLZ on Monday, all $190 worth. When you see the green candles, remember my sacrifice
I here.you but bull flag tells me all I need to know. For now. BTW SPXS BULLISH
I told myself I wouldn't but I felt obligated to toss 20k into SPXS shares at this level Worst case I make it lose a few hundred so whatever, the point is it can't stay this dumb forever
SPY keeps inching up, so Direxion's SPXS Bear 3X ETF executed a 1-10 reverse split this morning.
S&P 500 keeps creeping up, so Direxion's SPXS Bear 3X ETF executed a 1-10 reverse split this morning.
I have an SPXS $4 call option for October 24 but my app tells me it’s out of the money. What?
Dump and buy SPXS shares
SPXS about to do a 1/10 reverse split. Not sure what the rules are for how low those inverse ETFs can get before a reverse split happens, but SQQQ wasn't too terribly long ago. I don't think it's cause for alarm, but should be interesting to see the movement in the morning.
SPXS not supported on Robinhood anymore???
I went into this weekend mostly defensive port. Sectors that were red most of the week, some $SDS and $SPXS and $UVXY (not huge positions just hedging for downside action)
What would you buy as a cheap Armageddon trade, say within the Oct-Nov crashy season? I was thinking of VXX but the IV on the calls is sky high. Calls on SPXS?
The good news is the market is bullish 80% of the time, bar markets typically last less than a year. When entering a position, you always need a long-term strategy with a DCA entry. Always have money on the sidelines to buy the dip on your positions. Always have a target in mind when getting into a position. Unless you’re actively researching the stock market every day, it’s not wise to sell during a bear market. You’re always better buying the dip when you look at the chart. The best piece of advice would be by SQQQ or SPXS on a dollar cost average basis when you believe we are entering a bear market as a side hedge two year long-term positions where you plan to buy the dip. Becoming knowledgeable on reading charts is a very good thing for understanding where your positions are headed and when to continue DCA.
When you hedge a currency, you are pay the difference in risk free rates (plus cross-currency basis). If EUR has a lower risk free rate than USD, you are paying that difference directly when hedging a risk asset denominated in USD to EUR. This is called covered interest rate parity. If you do not hedge, you still expect that same difference in returns on average due to uncovered interest rate parity. Basically the performance of SPXS in USD is the USD performance of the S&P 500; while the performance of E500 in EUR is the USD performance of the S&P 500 + cash return of EUR − cash return of USD (+ cross currency basis from EUR to USD).
Don't forget about SPXS if anyone is needing to hedge (or invest). At $3.97 the $4.00 strike is almost as ATM as it can get. Buy some calls or puts if needing some safety for your regarded investing choices. Don't expect major moves on that ticker, so don't buy options expiring this week (like I did). Thank you for your attention to this matter.
SPXS 4$ calls for 20k expire 26th sep suck it fed
I agree with you, I’m running SPY puts specifically because the market has priced in a cut that is reactionary, not proactive. And inflation/tariffs are of course not getting better. I think they cut with a hawkish tone and the market tanks back to pre oracle earnings levels. I’m hella yolo’d on SPXS calls too lol
Go for the $5 SPXS the week after, usually takes the market a bit to realize oh yeah this is actually fucking terrible...sell. NFA it's RFA (Retarded Financial Advice)
I got call options for 4.5$ strike price on $SPXS for sep 19, 5$ strike price for October 3. Accept me too.
SPXS sitting right at $4.00. What's the play? $4.00 0DTE calls or puts? This is a lotto play.
SPXS calls are the play for this week. No cap
What's funny is my SPXS calls are still down lmao
In for 2500 shares of $SPXS.
Closed the SPXS/UVIX/VXX shares pre market, will close the puts at open It's nice when your day is done before it technically starts
SPXS benefited from 2008 though. Nobody would be margin called at that time. Then it simply went down during the bull market, but everyone had margin to spare during the bull market. The issue I'm bringing up is different, a crash where excess capital isn't available and margin is being called. The opposite fund, SPXL, would have been a great example, had it started in 2006 or 2007, but that started after the crash had already done most of the damage. I believe SPXL wouldn't have survived the crash if inception was 2007.
It happens with leveraged ETFs. SPXS (3x S&P 500 bear shares) has been around since 2008 and it's still going. It has a reverse stock split every few years.
I managed to predict (randomly guess) the movement multiple things over the past two days, yet missed out on nearly all of it, because my limit orders were filled. To add insult to injury the only fill that went through was a tiny portion of SPXS, so i did have $20 extra to my name this morning.
Drake panel 1: Buy SPY puts Drake panel 2: Buy SPXS shares and wait for Septem*bear* to kick in
Probably going to regret this but adding to my SPXS/VXX/UVIX position 30% in on that, 70% cash still
Even SPXS and SPXL are underwhelming. 3x should usually be a stupid, fun, and somewhat irresponsible thrill.
Of course it rugs *after* I close out the 0 DTE puts lmfao Jokes on you market, I swapped to SPXS shares and **1** DTE puts
Back on my SPXS/SQQQ/UVXY shares bullshit
ODTE $4.5 Calls on SPXS @ open ?? 🥴😈
His stocks: VIX, SQQQ, NVIS, OPEN, and SPXS
TQQQ/SQQQ SPXL/SPXS UPRO/SPXU. Sometimes 2x leveraged individual stock ETFs
I loaded up on SPXS, time for a random rally.
Gonna chill in SPXS (ugh) ITM (ugh) Jan 2027 leaps (ugh) for a bit
Down $2000 today, because I accidentally left a buy order in for SPXS when I was trading pre-market CPI news before falling back asleep.
As always I would have made a shit ton more money buying SOXS than SPXS this morning
Either pump to the highs again so I can reload 0 DTE puts or rug it to hell so my SPXS/SQQQ shares print
SPXS $5 October 17 It's about 20 cents/share. If you think a correction is coming for the next 2 months, it's dirt cheap. SPXS was over $10 after tariff day. If you expect the same correction, you can get a quick 25x. I mean you have like 2 months of theta. After a month, if it's still ATH, just sell. It can't get much cheaper. Theta is -.0029.
Consider investing in an ETF that rewards a downturn in the equity market.. example SPXS | Direxion Daily S&P 500 Bear 3X Shares. This will hedge against a downturn. Works inversely to SPXL | Direxion Daily S&P 500 Bull 3X Shares which rewards a rising market..... not endorsing Direxion just an example.
SPXS needs to reverse split — it isn’t responsive enough to the underlying’s movement and the brokerages just sit there filling shit in fractions of pennies which you can’t price your limit orders in.
buying SPXS everyday until we go sub 6100
Giving up and taking the +20% on these 0 DTE puts Hopefully this will trick the markets into letting my SPXS/SQQQ shares print into close
Obligated to be back on my SPXS/SQQQ/UVXY bullshit if we're going to pump this much off of nothing
Didn't expect a $6 drop on SPY from the pre market highs but feeling pretty good about tossing my SPY/QQQ shares and swapping to SPXS/SQQQ right now
Sticking with larger sized SPXS/SQQQ position for the pullback since we'll probably get a bunch of chop days that will destroy puts before it happens
Back on my 🐻 shit 10% UNH to hold until I die, 10% SPXS/SQQQ, 5% UVXY the rest cash to pump back in once reality sets in
Tempted to start building out a SPXS/SQQQ/UVXY position again
My SPXS 8/8 calls are saved?
SPXS calls because I’m a bitch
My bearish picks (currency basket, Euro defense, gold miners and precious metal companies) all did well Friday, but the inverse S&P 500 ETF barely moved the needle (SPXS).
Fuck it, $SPXS AUG 8th $4.5 calls through the weekend as a hedge
Bought SPXS in AH. Sold 15 min after open. Made a whopping 4.5%. Should've bought UVIX instead.
Bought $5c's on SPXS for oct a while ago that are absolutely printing. And still in the negative fml lmao
At least I will profit on my 100 SPXS weekly 4.5 calls I bought for a penny yesterday
I bought 30 SPXS $4.50 CCs for that reason. It might not pan out, but if it does it could end up being a green day for me!
In after hours I bought $2k each into UVIX, TSLA, and SPXS. Feeling a little gay today lol