SPY

SimilarBuffalo6421

Why don’t more people trade XSP. Basically the same as SPY but not subject to wash sale rule. Seems like a no brainer.

Mammoth-Fee1592

If Warsh is dovish today will SPY rip?

Historical_Stage2622

😄..premium on 760c or 763c or 765c will be cheap if SPY holds 748 otherwise we tanking

DatBoiii4

For a second I confused SPY and SPCX and thought SPCX had hit $751 overnight. Which is a little sad that I'm regarded enough to confused the two but what's even sadder is the market is dumb enough right now that for a second that felt like it was within the realm of possibility

Chiinoe

All seeing eye, what time do i exit my SPY calls?

HotTruth999

Actually it doesn’t. After the internet bubble burst it took 7 years for the SPY get back to the March 2000 high. It took 15 years for the NASDAQ to do the same thing.

Alternative_Bad8560

Why is SPY dropping? Bad day ahead?

FLRugDealer

Open box spreads on SPY

hudson701

what with TACO due to talk and interest rate decision/forecast, am expecting ultimate algo chop today, can't see how SPY can be traded safely.

SunriseSurprise

I made 21x in the past week trading reversals, but on SPY not stupid scammy shit like this stock.

Regenbooggeit

He has SPY calls for today. Let’s see if he can lose some more.

Odd_Marionberry_3243

Elong just tweeted that he will take SPY private at 420.69. Funding secured.

nab911

SPY Calls or Puts today boys?

hioman01

MSFT will be $30 when SPY hits 1000 LMAO

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $744.67 (below) | $752.25 | $751.21 | -1.0% | Jun 18, 6:26 PM |

PENG_DA

you lose already when you try to predict the market. just put the money you want to invest in SPY and delete the app

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $666.00 (below) | $750.41 | $751.00 | -11.2% | Expired |

Slipperypuppy25

!banbet SPY 730 4h

CalebVanPoneisen

Uh oh. Sentiment is at 47%. Last time it went below 50% SPY crashed $10+.

Gabers49

I would personally look at VT over SPY and helps to diversify a little away from the crazy AI values in SPY

verified-trader

**BanBet Created** ▼ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $258.00 (below) | $752.11 | -65.7% | Jun 19, 12:20 PM | *5-day ban if this doesn't hit.*

OffTheBananaBoat

What will happen to my SPY 755 calls?

Rolling_in_the_Dip

!banbet SPY +2% 24h

1M-to-Zero

What will happen to my SPY 740 puts.

PhysInstrumentalist

If SPY breaks $750 today were fucked; back to a normal market

noaholic

QQQ is time to follow your mama SPY and drop more

ShittyUsernane1222

my predictions are always wrong I think. big red american lost century candle and 100 year perma ber market coming soon. SPY to 0 dollars long term.

WSB-mods-are-

SPY going red 🫡

ComfortablePiglet842

Its ok SPY you can go down

ComfortablePiglet842

Its ok SPY you can go down

Odd_Marionberry_3243

If when can just take an elevator down to SPY 700 and then instantly teleport to 800 that´d be great.

DipSniper69

I am 100% certain SPY will be absolutely flat friday

callsonreddit

My strategy lately 1. Sell most shares in pre (I don't wanna lose my gains) 2. Buy the dips at open This strategy only works if SPY bleeds up because it means all stocks bleeds up Inverse this if SPY bleeds down

SteakEater137

Let me guess “Peace deal isnt final, Ill go back to dropping bombs if they dont behave” - SPY down 0.1% (Later today) “Peace deal actually is mostly pretty much completely final and strait will be 100% open Friday” - SPY up 2%

Chiinoe

SPY FDs right before the bear trap.

Odd_Marionberry_3243

Play of the day: SPY 745p and 755c

Myianmonik

I have 2 SPY Puts that are up \~55% so If the market wants to open down then rally after 2pm that'd be sorta cool.

23paige23

Please don't. Top traders spend so much time to make sometimes like 30% gain in a year. That would mean turning 3k into 4k. You want to turn 3k into 45k? That's so far beyond what is realistically possible. That said, if you want to throw it away with a small possibility of doubling or tripling quickly look into 0dte SPY options, or hell, buy calls in oil stocks because those are cheaper this week and if the Iran deal falls apart those will shoot up shortly. Also have you thought about taxes...? All gains are taxed so something to be aware of...

PrimaryBorder6429

It’s just exactly in the middle he doesn’t want to lean to far on either side got the insider scoop we are going to 780 SPY today

ShittyUsernane1222

microslop dumping trough the greatest bull market means that if an bear market would happen microslop would become an penny stock and delisted from SPY

chiswis

Warsh: Good Afternoon SPY: $800

Thebestofbuffalo

Lets get SPY to 754 at open so when Warsh pumps this shit it hits ath

Odd_Marionberry_3243

If Warsch can make SPY kiss 700 for a sec and then instantly moon us to 780 today so I can cash out a quick milli that´d be great. Thank you for paying attention to this matter.

baconography

I hope you are right about SPY, but I am holding SPX calls, and it's clear that I'm not allowed to make money in the markets.

Thebestofbuffalo

SPY calls into Fed meeting let's gooo

Spoliationcomplation

There is literally zero chance warsh raises rates, the whole reason he has the job is to drop them We are going full speed ahead, SPY 770 by next friday

WSB-mods-are-

SPY just flipped red

taffy_laffy

Bullish on the market because of one simple thing - people truly and very deeply believe that anyone can achieve a 6 figure salary, with 7 figure investment port and own 1m+ house with a super car and a luxury car as a daily driver. And they believe they can achieve this through 'hustling' and gambling. Ignoring the fact that this is statistically impossible, but they feel this to be possible because of social media thus they keep spending. SPY 850 EoY

Beerplz94

I've got some SPY 755 PUTS for today , and then everything else is GOOGL/AAPL monthly Calls so far stuff seems okay

taffy_laffy

He's blockading and mining the red sea after Iran and the US do a bombing run on their nukes. SPY 1500 coming soon.

MetalExpensive4530

I think He's talking about SPY

Happy-Champion1661

SPY flat, QQQ bounce, new daddy Warsh comes out and says "fuk your poots" and we end up 10% higher! sorry I just woke up time to go back to sleep

Thebestofbuffalo

I have a good idea, its called SPY to $765 today

dljmonkeyboiz

SPY 764 will be granted

Fun_Training6342

Someone tell me the price of SPY and QQQ thanks

Ornery_Ad98765

Isn’t this just plotting SPY adjusted for inflation?

Chiinoe

SPY you dirty slut.. I had plans for my unrealized gains 😭

Kindly-Departure-254

I get what you're saying. First, SPY is very tech heavy, so it's not really "the market" - it's a segment of the market that includes a lot of the corporations that are ripping the world apart for profit. Second, if you wanted to trade the war, which I did, you were trading USO, GDX, GLD, etc, not SPY. Finally, it will all come crashing down when demand for AI dwindles. An example is the anecdotal reports of people getting rehired, companies limiting their AI use due to token cost etc - when those stop being anecdotal, but instead are legion, that will be a signal. An event that will also impact will be the 2026 midterm. If Democrats take control, the major AI players' stocks will crater in anticipation of investigations, regulations and oversight. I day trade micro-swings in SPY pretty much every day, so I kind of live it and I've made money on Puts, but never more than 14 days out, because I've lost a crap ton of money betting against the irrational optimism surrounding big tech. Anyway, waiting for a bubble to pop is a waste of time. While everyone else is waiting for the big score that could happen in a month or three years, you could be making 25% every day just casually trading near expry SPY calls and puts depending on the trend. I will pick up a couple far OTM December Puts in October, because I figure the election is going to be a shit show regardless and they could easily print huge.

Neel_Crashkari

SPY 800 is a given

BluesFlute

If you feel uncomfortable buying into stocks at this time, don’t. But you can take time to learn the basics, like reading a book, taking a course, subscribing to a reputable financial news product. Put your $ in a HYSA and collect some interest and see how you like it. Learn about DCA into an ETF. Don’t know which one? That’s a good place to start learning. Roth IRA?. But of course! Learn some basic technical analysis too. Reflect on the 20 year chart of SPY. FWIW, MSFT is setting up nicely right now.

JayQuellin01

Yes, and I was (still am) very worried about this If SPCX flubs in the market, the many other insanely valued private companies looking to IPO (eg openAI) will struggle, potentially not go public, but more importantly weigh down the fever of overweighted tech in SPY that are buoyed by AI hype to many extents as well. When many things are valued irrationally, ie on hype and promise, then cash flows and profits have a way of grounding reality, which these businesses don’t have I know, though, AI tech is more than just a consumer market, AI buoys will remain relevant bc we are in an AI war with China and our peers. We will keep making data centers, expand energy generation, and invest heavily in tech or else our national security is threatened This is different than the dotcom era. That said, SPCX can totally still tank the market for an uncomfortable period of time while all of this still is true too

Low_Administration22

Healthcare makes a tiny part of SPY. So it should trace up to its benefit and SPYs

Horror_Lawfulness738

Buying the fuck out of SPY calls

Low_Administration22

How high would SPY go if FED lowers rates 🤔 

Odd_Marionberry_3243

Can we either teleport SPY to 795 today or have it kiss 700 for a second so I can swiftly cash in a milli, that´d be great. Thank you for paying attention to this matter.

Fun_Training6342

Someone tell me SPY and QQQ overnight prices now

FatFluffyFish

Warsh: Good afternoon. Cut the rates and fuck your puts. That's all. SPY 800 EOD

SpongeBobSpacPants

You have something your dad doesn’t, 25-30 years. What makes sense for your dad doesn’t make sense for you. If you are in your 20s, history shows you should be long equities. Sure you can take some off the table from time to time, but you best bet overall would be to SPY and not look back. Even this post you will look back in 5, 10, 20 years saying “I can’t believe i thought it was too late in 2026!” The 5-10% correction you’re waiting for will pale in comparison to the gains you should make in the next 4-6 decades. Break it into big chunks and invest it nearly all back into the market.

CleftyHeft

full porting SPY 0dte at open because of this

the_real_Manicdad

https://preview.redd.it/bvx07kpgyr7h1.png?width=1320&format=png&auto=webp&s=98b8025dd14208e74662d610e9925a8a45e57ffb Semiconductors are extremely overbought. AI needs to take a time to do some serious consolidation. Money looks to be moving in to financials like JPM. I am going to start going into cash in the morning. Wait to see what happens. For the past week the mornings have seemed strong then putter out by close. Also you have more red than green in the SPY and QQQ which reminds me of the previous corrections like we saw in November. Protect your cash because if it does go down you will have excellent buying opportunities.

Mettabreaks

Washywashy is gonna come out in a purple tie, say good afternoon, and SPY will go up 2%. If this doesn’t happen, I want JPow back

LawdyChunk

I have 25k on SPY 760C and am down 18k. We can cope together bro

xbitxfatxstonkx

Someone please save SPY 🥺

Dustin_James_Kid

SPY is waiting with open arms my brother

Affectionate-Idea690

🟢 The "Bull Run to Valhalla" (What Could Go Right) If Warsh delivers a masterful, market-friendly presser, the bulls will run wild.The "Warsh-ington" Pivot: He signals a pause on interest rate hikes.The Golden Child: He says inflation is "totally under control" and the economy is robust.Printer Goes Brrr: Markets price in future rate cuts sooner than expected.WSB Outcome: SPY jumps 3% in minutes. Call options print 1,000% gains. Total euphoria. Bears are found crying in a Wendy's parking lot. .🔴 The "Guuh" Extinction Event (What Could Go Wrong) If Warsh channels his inner ultra-hawk, your portfolio will look like a crime scene.The Doom Speech: He drops an unexpected, aggressive rate hike on the table.Media Blackout: He confirms rumors that he will kill future live press conferences.The Blind Spot: Markets realize they have zero visibility on future Fed policy.WSB Outcome: Algorithmic dump. The market flash-crashes. Put holders get rich. The daily discussion thread becomes a support group for blown-up accounts.  🟡. The "Theta Gang" Chop Fest (The Boring Outcome) Warsh says absolutely nothing of substance, executing a flawless corporate hedge.The Text-Book Answers: He uses aggressive lawyer-speak to say "we are data-dependent."The Dodge: He avoids every spicy question from reporters with a blank stare.The Flatline: Volatility crushes both calls and puts simultaneously.WSB Outcome: Ultimate premium slaughter. Both sides lose. Theta Gang eats your lunch while the charts look like a flat EKG monitor. 😂 😂 😂 😂 Fuk A. 😂 

ThisIsStryx

Yesterday (6/15) on SPY: - I buy a 752 straddle immediately at market open for 2.84/2.57, total trade cost is $541. - The call side almost immediately extends up toward 3.3ish not even 10 minutes later, while the put side dips to 1.91, my net loss at this time if I were to sell the put is $20 [(3.3 - 2.84) + (1.91 - 2.57)]. - Quite literally, already from here on out, it's only up for me on the call side, my worst case scenario is that my SL sucks ass and I somehow stop myself out wayy too tight and early, and I end up selling my call at 2.80 for a $4 loss *somehow* (knowing me, it is possible, although *extremely* unlikely, *I hope* 😂). - 2.80 is the low for the day on the call side, so my worst case scenario is a $24 loss, or, perhaps I scalped the call initially to offset this, and then reentered. - I think the strategy shines in this example because we don't see as stupid of a chop as we did today. Price gaps up at open, then that support holds and the trend extends up and away. Of course, this is owing to the fact that we had the *final* (finally, lmao) Iran deal announced the night prior, so buying pressure was bound to be all but insurmountable. Nonetheless, this is moreso the price action I expect to see on most days- price gaps one way, then holds at least long enough for me to take a leg to zero-risk or into take-profit, and/or ridding myself of the losing leg perhaps a bit sooner than in this example, and still coming out of the open with a bit of pocket change as a safety net, *and* a leg to ride out for a trend extension, which I'd otherwise easily break even on. Perhaps this example legitimizes the strategy?

lifo888

Anyone trashing SPCX is so dumb. Only 4.5% of the shares are trading. Imagine the buying when it joins QQQ and SPY soon

Dat_Speed

SPCX crashing 50% would drop the SPY like 0.2%.

music_is_gud

Kevin Warsh is the new SPY CEO

ThisIsStryx

Ok, here we go. I sure hope repainting in this case is a non-issue since the strategy is direction-neutral. I am perhaps favored by the fact that SPY followed a general trend both today and yesterday, however. Today would be a good example on the put side. Prior to the information I now have, a straddle at open would've played out as follows: Today (6/16) on SPY: - I buy a 754 straddle immediately at market open for 1.93/1.42 (the high on the 1-minute, we're assuming worst case scenario wherever applicable.) I pay a total of $335 for the trade and we'll track my performance at various points of interest as the day progresses. - It is up for debate as to whether I would've sold the call side immediately about 2-3 minutes after open, scalping that contract for an exit of 2.12 or something in that area (let's say I immediately took that leg to zero-risk, at least). Nevertheless, there was an opportunity to immediately exit this leg for a profit, and to be fully honest with you, even a $15 gain in such a short time is pretty solid IMO, so I don't think it's all that unreasonable that I may have chosen to do this. - Come 10:00ET we see our first significant move, with the call side dipping to a low of 1.27 (assuming I hadn't been stopped out at breakeven as per the previous point- as we'll come to see, that's the best we'd get from the call side today) and the put side seeing a "high" of 1.25, we're already down $83 [(1.27 - 1.93) + (1.25 - 1.42)], things definitely aren't looking good here and this probably represents a prime example of what you and u/ThetaEdgeHQ brought up in terms of bid/ask spread collapsing, maybe some IV crush is to be blamed here as well. Nonetheless, we're not quite down 25% yet on our total cost basis (this is a significant loss though, I won't deny that. I should add that I'd have to be willing to see my spread hit 1.94/.74 for a net loss of $66 at 9:50ET even before we arrive here, and we haven't even seen the *real* move yet.) - Since my overall sentiment for 6/16 was bullish, there is indeed actually a world where I sell the put side for a loss here at what eventually becomes the high for the day, and then eat shit even harder on the call on the way down, but there definitely is NOT a world where I watch that call expire worthless, so I think my first worst case scenario is that I completely misjudge price action entirely, and I go home feeling dejected and cheated. - Otherwise, maybe given that the call side was stopped out at BE or we realized some profit, maybe alternatively I am left with just the put, which we have to watch hit a low of .70 at 10:11 before things finally start to heat up. I must admit, the endurance to do such a thing, is just a *little* bit unrealistic. - But, maybe I turned of the chart or something, maybe I just hit the prayge button, maybe I saw that price doesn't seem to wanna push past 755, and flipped sentiment (I did eventually flip sentiment today, but too little too late. If I am to see the gain we're about to ride out, I'd have to be the most stubborn trader on the planet, but nonetheless, from here on out its only downward from here. - 10:10ET to most would look like a classic liquidity grab, if I wasn't out of the call at any point prior, I'm 100% taking whatever I can get here, so maybe I'm out of the call at 1.61 for an initial loss of $33 that we hope to recoup. - A miracle happens at 10:20, as price finally dips below support and begins to break out from the opening range. This is where the ideal entry would've been, but I'm no genie, I have no way of knowing that price would chop for an hour and a half before making its move. There's plenty of days where this doesn't happen, 6/12 for example saw a gap downward, followed by a sizeable swing downward, followed by a FULL recorrection *and* a swing to the UPSIDE, even. I think that was the inspiration for this strategy, in fact. Suppose I average my call down at the bottom on 6/12, how reasonable is it that at 9:50ET on 6/12, I hope for a recorrection as opposed to an extension of that trend? - From this point on, if by some miracle I still own a 742 put, I get to ride that put to 2.01 for a gain of $59 at least, so my second worst case scenario has me losing [(1.27 - 1.93 + (2.01 - 1.42)], a net loss of $7 on what is probably one of the most fakeout-ridden chops I've ever seen. I do have to watch that put eat a fair bit of extrinsic decay, as price eventually recovers to the middle VWAP band at around 12:15, pegging our put at a higher low of .96 or so, if I panic sell here then my loss is $112, otherwise, if I'm stubborn enough and I presume that because price can't make higher highs, the overall sentiment still pught to be bearish at this point, then it's only up and away from here, and maybe, just *maybe*, I get to chase her up all the way to 3.85ish or even 4.10ish, depending on if I keep my SL conservative enough to see that gain, and lo and behold, we manage to follow the trend into the green when all is said and done.

ThisIsStryx

Ok, here we go. I sure hope repainting in this case is a non-issue since the strategy is direction-neutral. I am perhaps favored by the fact that SPY followed a general trend both today and yesterday, however. Today would be a good example on the put side. Prior to the information I now have, a straddle at open would've played out as follows: Today (6/16) on SPY: - I buy a 754 straddle immediately at market open for 1.93/1.42 (the high on the 1-minute, we're assuming worst case scenario wherever applicable.) I pay a total of $335 for the trade and we'll track my performance at various points of interest as the day progresses. - It is up for debate as to whether I would've sold the call side immediately about 2-3 minutes after open, scalping that contract for an exit of 2.12 or something in that area (let's say I immediately took that leg to zero-risk, at least). Nevertheless, there was an opportunity to immediately exit this leg for a profit, and to be fully honest with you, even a $15 gain in such a short time is pretty solid IMO, so I don't think it's all that unreasonable that I may have chosen to do this. - Come 10:00ET we see our first significant move, with the call side dipping to a low of 1.27 (assuming I hadn't been stopped out at breakeven as per the previous point- as we'll come to see, that's the best we'd get from the call side today) and the put side seeing a "high" of 1.25, we're already down $83 [(1.27 - 1.93) + (1.25 - 1.42)], things definitely aren't looking good here and this probably represents a prime example of what you and u/ThetaEdgeHQ brought up in terms of bid/ask spread collapsing, maybe some IV crush is to be blamed here as well. Nonetheless, we're not quite down 25% yet on our total cost basis (this is a significant loss though, I won't deny that. I should add that I'd have to be willing to see my spread hit 1.94/.74 for a net loss of $66 at 9:50ET even before we arrive here, and we haven't even seen the *real* move yet.) - Since my overall sentiment for 6/16 was bullish, there is indeed actually a world where I sell the put side for a loss here at what eventually becomes the high for the day, and then eat shit even harder on the call on the way down, but there definitely is NOT a world where I watch that call expire worthless, so I think my first worst case scenario is that I completely misjudge price action entirely, and I go home feeling dejected and cheated. - Otherwise, maybe given that the call side was stopped out at BE or we realized some profit, maybe alternatively I am left with just the put, which we have to watch hit a low of .70 at 10:11 before things finally start to heat up. I must admit, the endurance to do such a thing, is just a *little* bit unrealistic. - But, maybe I turned of the chart or something, maybe I just hit the prayge button, maybe I saw that price doesn't seem to wanna push past 755, and flipped sentiment (I did eventually flip sentiment today, but too little too late. If I am to see the gain we're about to ride out, I'd have to be the most stubborn trader on the planet, but nonetheless, from here on out its only downward from here. - 10:10ET to most would look like a classic liquidity grab, if I wasn't out of the call at any point prior, I'm 100% taking whatever I can get here, so maybe I'm out of the call at 1.61 for an initial loss of $33 that we hope to recoup. - A miracle happens at 10:20, as price finally dips below support and begins to break out from the opening range. This is where the ideal entry would've been, but I'm no genie, I have no way of knowing that price would chop for an hour and a half before making its move. There's plenty of days where this doesn't happen, 6/12 for example saw a gap downward, followed by a sizeable swing downward, followed by a FULL recorrection *and* a swing to the UPSIDE, even. I think that was the inspiration for this strategy, in fact. Suppose I average my call down at the bottom on 6/12, how reasonable is it that at 9:50ET on 6/12, I hope for a recorrection as opposed to an extension of that trend? - From this point on, if by some miracle I still own a 742 put, I get to ride that put to 2.01 for a gain of $59 at least, so my second worst case scenario has me losing [(1.27 - 1.93 + (2.01 - 1.42)], a net loss of $7 on what is probably one of the most fakeout-ridden chops I've ever seen. I do have to watch that put eat a fair bit of extrinsic decay, as price eventually recovers to the middle VWAP band at around 12:15, pegging our put at a higher low of .96 or so, if I panic sell here then my loss is $112, otherwise, if I'm stubborn enough and I presume that because price can't make higher highs, the overall sentiment still pught to be bearish at this point, then it's only up and away from here, and maybe, just *maybe*, I get to chase her up all the way to 3.85ish or even 4.10ish, depending on if I keep my SL conservative enough to see that gain, and lo and behold, we manage to follow the trend into the green when all is said and done.

ThisIsStryx

Ok, here we go. I sure hope repainting in this case is a non-issue since the strategy is direction-neutral. I am perhaps favored by the fact that SPY followed a general trend both today and yesterday, however. Today would be a good example on the put side. Prior to the information I now have, a straddle at open would've played out as follows: Today (6/16) on SPY: - I buy a 754 straddle immediately at market open for 1.93/1.42 (the high on the 1-minute, we're assuming worst case scenario wherever applicable.) I pay a total of $335 for the trade and we'll track my performance at various points of interest as the day progresses. - It is up for debate as to whether I would've sold the call side immediately about 2-3 minutes after open, scalping that contract at an exit of 2.12 or something in that area (let's say I immediately took that leg to zero-risk, at least). Nevertheless, there was an opportunity to immediately exit this leg for a profit, and to be fully honest with you, even a $15 gain in such a short time is pretty solid IMO, so I don't think it's all that unreasonable that I may have chosen to do this. - Come 10:00ET we see our first significant move, with the call side dipping to a low of 1.27 (assuming I hadn't been stopped out at breakeven as per the previous point- as we'll come to see, that's the best we'd get from the call side today) and the put side seeing a "high" of 1.25, we're already down $83 [(1.27 - 1.93) + (1.25 - 1.42)], things definitely aren't looking good here and this probably represents a prime example of what you and u/ThetaEdgeHQ brought up in terms of bid/ask spread collapsing, maybe some IV crush is to be blamed here as well. Nonetheless, we're not quite down 25% yet on our total cost basis (this is a significant loss though, I won't deny that. I should add that I'd have to be willing to see my spread hit 1.94/.74 for a net loss of $66 at 9:50ET even before we arrive here, and we haven't even seen the *real* move yet.) - Since my overall sentiment for 6/16 was bullish, there is indeed actually a world where I sell the put side for a loss here at what eventually becomes the high for the day, and then eat shit even harder on the call on the way down, but there definitely is NOT a world where I watch that call expire worthless, so I think my worst case scenario is that I completely misjudge price action entirely, and I go home feeling dejected and cheated. - Otherwise, maybe given that the call side was stopped out at BE or we realized some profit, maybe alternatively I am left with just the put, which we have to watch hit a low of .70 at 10:11 before things finally start to heat up. I must admit, the endurance to do such a thing, is just a *little* bit unrealistic. - But, maybe I turned of the chart or something, maybe I just hit the prayge button, maybe I saw that price doesn't seem to wanna push past 755, and flipped sentiment (I did eventually flip sentiment today, but too little too late. If I am to see the gain we're about to ride out, I'd have to be the most stubborn trader on the planet, but nonetheless, from here on out its only downward from here. - 10:10ET to most would look like a classic liquidity grab, if I wasn't out of the call at any point prior, I'm 100% taking whatever I can get here, so maybe I'm out of the call at 1.61 for an initial loss of $33 that we hope to recoup. - A miracle happens at 10:20, as price finally dips below support and begins to break out from the opening range. This is where the ideal entry would've been, but I'm no genie, I have no way of knowing that price would chop for an hour and a half before making its move. There's plenty of days where this doesn't happen, 6/12 for example saw a gap downward, followed by a sizeable swing downward, followed by a FULL recorrection *and* a swing to the UPSIDE, even. I think that was the inspiration for this strategy, in fact. Suppose I average my call down at the bottom on 6/12, how reasonable is it that at 9:50ET on 6/12, I hope for a recorrection as opposed to an extension of that trend? - From this point on, if by some miracle I still own a 742 put, I get to ride that put to 2.01 for a gain of $59 at least, so my second worst case scenario has me losing [(1.27 - 1.93 + (2.01 - 1.42)], a net loss of $7 on what is probably one of the most fakeout-ridden chops I've ever seen. I do have to watch that put eat a fair bit of extrinsic decay, as price eventually recovers to the middle VWAP band at around 12:15, pegging our put at a higher low of .96 or so, if I panic sell here then my loss is $112, otherwise, if I'm stubborn enough and I presume that because price can't make higher highs, the overall sentiment still pught to be bearish at this point, then it's only up and away from here, and maybe, just *maybe*, I get to chase her up all the way to 3.85ish or even 4.10ish, depending on if I keep my SL conservative enough to see that gain, and lo and behold, we manage to follow the trend into the green when all is said and done.

Comfortable-Tea1177

i have 6/22 760 SPY calls full port . If you bless me the first person gets 1 SpaceX if spy jumps 1%

some_dumkopf

Someone please tell me if I'm regarded. I'm thinking around 2 I get into a 0dte SPY strangle a few $ OTM in each direction. Rate decision is priced in but Warsh's speech could change things depending on what's in store for September. I'm just worried that we'll end the day flat.

BLADIBERD

VIX puts? why not just buy calls on SPY?

naturelovaaa

SPY 800 end of month possible?

PriceAlert354

Of course. That truly happened to me. The fact I even openly say it to people is crazy bc I was SO ashamed I did that. I literally could’ve just put that in SPY or shit even bonds, and probably have my retirement set. But instead I got greedy and March 25 with trumps tarriff tantrum, I panicked and broke every single rule I had for myself and had learned. I was devastated and depressed. Eventually I had to just accept what’s done is done. People have lost much more than that and recovered. Life is long. I’m grateful for the lesson. Now I know I need to protect my capital. Especially when another 0 comes along. All I had to do was take 100k and throw it in SPY and I would’ve been set. Next time, maybe just buy shares and hold. That’s all I do now and while I have A LOT of ground to make up, I know eventually I will make it all back and more.

Ceyenne18

Kevin Walsh will be singing about unicorns and rainbows, inflation is transitory and Iran is BFF. SPY +3%

supferrets

ASTS calls, RKLB/CRWV shares or calls, SPY calls slightly OTM expiring next week

metallhd

Just so - profit is profit, no sense looking back, you didn't make a mistake. Holding too long is absolutely a mistake, on the other hand. My worst mistake so far in my little adventure was stacking QQQ and SPY calls and watching them evaporate; another two from buying too early; both of which are rookie errors. Had a this Friday option for RY that was doing well until yesterday when it took a dip; had a good day today and I paperhanded right out with a 64% gain. Which I immediately rolled into another one for July 17, right ATM so it was costly but the stock is doing very well

naturelovaaa

SPY 3% after Warsh?

WarmCan3034

I hear this every damn week, SPY is 750

ApprehensiveUse19

I have ran 2k to 100k 3 times now betting like this and lost every time. Only takes 1 time for you to make a massive purchase at the very peak and it drops 50% before you even have time to set a stop loss and you end up chasing just for it to be a -3% day in SPY. You will 100% lose all this money unless you withdraw

mrmrmrj

Buy SPSM. Small caps are going to have better overall earnings growth the next 4 quarters and trade at half the PE of the SPY.

theskyprod

Throw 200 a week in the SPY and forget about it and come back in 25 years man. You'll have a decent chunk. In the meantime do your thing and stop the gambling

always_opposite

SPY 760 tomorrow stop edging me

dljmonkeyboiz

Iran gonna buy SPY calls with all that money

Horror_Lawfulness738

SPY going up AH and and SPCX going down Nipples are getting so hard

Horror_Lawfulness738

I’ll kiss you if that happens !banbet SPY 760 1d

mynutsrbig

Full port those last $81 into SPY 780 calls expiring this Thursday. Last Tuesday morning I turned $40 into $1000 while taking a one hour SHIT on QQQ puts. OPEN THE CASINO.