Reddit Posts
SPY IV spiked like crazy for 0dte today, but tomorrow's didn't spike AS much.
Gain? Loss? APR 04 SPY Options Bought Today - Multi-Leg Put/Call
Expect far out of the money SPY options expiring today will be exercised
Soo , Russell .. what’s up man ? 🫨
12 Stocks to Hold in 2024 to Beat QQQ, SPY and SMH (or SOXX)
FOMC Week… 1-26-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, DXY/ US Dollar and Cl/ Oil Futures Weekly Market Analysis
FOMC Week… 1-26-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, DXY/ US Dollar and Cl/ Oil Futures Weekly Market Analysis
FOMC Week… 1-26-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, DXY/ US Dollar and Cl/ Oil Futures Weekly Market Analysis
[Discussion] How will AI and Large Language Models affect retail trading and investing?
[Discussion] How will AI and Large Language Models Impact Trading and Investing?
Made 15k this week scalping 0DTE SPY options. 3k > 22.5k in the past two weeks.
Should I put $40 in a SPY put??? Looking at that expires at the 6th of February???
SPY $340 by March 2025? This a signal?
Is it ok to never have bonds if you start investing early?
PCE Tomorrow… 1-25-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, and DXY/ US Dollar Daily Market Analysis
PCE Tomorrow… 1-25-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, and DXY/ US Dollar Daily Market Analysis
PCE Tomorrow… 1-25-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, and DXY/ US Dollar Daily Market Analysis
Before I found you guys I just had a bunch of SPY for years, but with your help I've diversified my portfolio.
Wanted to post my gains scalping SPY 0DTEs before I lost my ban bet
VIX is spiking every 2 weeks like clockwork right now. Will it continue or will tech earnings break the cycle?
I'm the $2k to $50k Options Account Challenge Guy and I Have Some Gains to Share From My Larger Account
I should have sold earlier when I was up 100%
US GDP data dump tomorrow at 8:30 AM eastern
US GDP data release on January 25 8:30 AM eastern
Why stress about market movement everyday? Just go long guts with SPY options
Retrace Inbound? 1-24-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, and DXY/ US Dollar Daily Market Analysis (Tesla Earnings)
Retrace Inbound? 1-24-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, and DXY/ US Dollar Daily Market Analysis (Tesla Earnings)
Anyone buy 0DE Spy Puts to hedge their weekly NVDA calls?
Immediately profitable calls- am I missing something?
I'm 100% certain that if I buy SPY calls expiring 02/15/23, the market will reverse direction.
Trading SPY + QQQ off /ES and /NQ chart anybody else do this?
Question about ETFs: What happens if the provider goes under as a business?
$2K to $50K in 90 Days - Options Trading Challenge (Day 2 +$519.03 Net Realized)
Rosenblatt analyst Hans Mosesmann reiterates Intel (NASDAQ:) with a Sell and maintains $17 price target
On the topics of imposter syndrome, trading groups and online/remote support
$2K to $50K in 90 Days - Options Trading Challenge (Day 1 +$250 Unrealized)
$2K to $50K in 90 Days - Options Trading Challenge (Day 1 +$250 Unrealized)
SPY 0DTEs have treated me well the past few days 📈 despite some 📄 ✋ sells...
Bought 555 SPY calls 4/19 - 83 cobtracts couple weeks back. Down 53% mere ($750) WSB do ur thing!!
10K SPY PUT YOLO | 480 P 1/31/2024 Expiration | 54 Contracts @ 1.98 Each
Alien Technology is about to be unveiled
This Isn’t Your Father’s S&P 500. Don’t Worry About Valuations.
$527 to $73k in 2.5 months. The journey to $100k and beyond
This is the price action for SPY today.....Crazy pump...But I could never tell what is shortsqueeze or not. Can someone tell me.
I'm going to get downvoted by you regards
Equities don’t care about rate cuts anymore
What happens to options expired ITM AH but not enough cash in margin account?
Good idea buy Feb 2nd SPY calls with a strike of $485?
Options expired ITM but not enough cash in margin account
SPY ATH and no gain p0rn? Bears in disguise!
Mentions
NDQ ended red on Friday's trading session, while SPY ended flat. So nah not 6 days of green. It would be the second consecutive red day for NDQ.
How is everything I own red, once again. SPY, MSFT, B 🥲
is the SPY V in the room with us?
1/3 of my account in GLD calls 1/3 in SPY call 1/3 in BYND puts lmao
I will say it seems like the last few years, fundamentals and financial reports are less useful than ever. With index investing, algorithms, and hype, lot of things either just follow the market or are divorced from reality. Why dig around for some hidden gem when a) most things are priced much faster than you can react b) it's moving with SPY anyways c) you could just buy leaps on spy or try to swing trade it rather than some random company that may or may not follow reality (that's assuming you can even guess the direction correctly after reading the reports) I agree that DD is gone and nobody on reddit is looking at financials. However, I think it's not just ignorance - a lot of people have been burned trying to use financial reports in the market we've had in the last few years. It's a lot of work for dubious reward. Have you made any great trades that beat buy and hold SPY with info garnered from a 10k in the last few years? I'm not saying it's impossible. But I think fundamentals are a much less reliable signal than they used to be
I'm gonna assume with all the silver hype that we will be seeing a dump very soon. Also wondering if we'll see a dump in SPY too. Question is if this is gonna happen next week or after the holidays
SPY calls since they're clearly trying to pump it to 696.96 by EOY
SPY puts or calls? Someone tell me before I jerk off.
I'll do a little technical analysis, but because of the loss potential I tend to just do it on safe ETFs like SPY. My premium tends to only be like $10 per $100 of collateral. I've learned my lesson with stocks and credit spreads, ESPECIALLY with tech stocks. Credit spreads make up a small portion of my account. I will usually only utilize them if I have like $200 leftover after my CSP and CCs.
Can SPY kindly go up so that I can unload my 401k
Family thinks I’m good with money because I have $100k sitting around but if I had just put it in SPY it’d be a lot more 💀
Two different companies won't ever trigger a wash sale since they cannot be identical. Two different ETFs also will not unless the index being followed are exactly the same. (SPY/VOO = wash MSOS/MJ =no wash)
SPY would already be at -5% if Chase failed lol
Can we drill to SPY 685 at open, then pump to 695 after 11am when all the europoors stop selling. 🧑🦼➡️
Options on SPY and QQQ are not capital intensive. You can buy an in the money option for a $100-120, or less depending on the time of day. I really think you need to paper trade to see how this all works.
Does SPY or SLV hit 700 first?
Gonna be honest. I'm not a silver bro. Idk anything about fundamentals or anything like thag. I'm trading on sentiments pretty much. You can definitely call it gambling. Depends on overnight markets and sentiments at open, I might go to jt again tmr/next week. If I don't like the sentiments, I'll go trade SPY or something else.
is everyone forgetting that silver and gold rallying is bad for equities lol no one looking at the SPY play rn
SPY is definitely hitting 692 by open
Are silver and SPY fucking correlated
Oh FUCK! SPY -0.06? Fed will inject 45 BILLION into the market and we will do a media tour of data center construction and then talk about the potential of maybe change tarrifs next year
Buy the SPY/or QQQ, and sell a close in call. I’ve been doing this for years.
To fute or not to fute, that is the question: Whether ’tis nobler in the corn to suffer The slings and arrows of outrageous slippage, Or to take arms against a sea of fake meat And by opposing, margin-call them. To SPY, to sleep— No more—and by a sleep to say we end The heartache and the thousand margin calls That flesh is heir to—’tis a liquidation Devoutly wished. To SPY, to sleep; To sleep, perchance to dream—aye, there’s the rub, For in that sleep of death what fills may come When we have YOLO’d off this mortal coil Must give us pause. There’s the respect That makes calamity of so long OTM calls. For who would gey bear the whips and scorns of Powell, The algo’s wrong, the proud bull’s contumely, The pangs of despised theta, the option's decay, The insolence of market makers’ spreads, And the spurns that patient merit of unhedged takes, When he himself might his quietus make With a bare market order? Who would fardels gey bear, To sweat and puke beneath a 1-min chart, But that the dread of something after hours. The undiscovered weekly, from whose dread bourn No stop-loss returns—puzzles the will And makes us rather hold those 0DTEs Than fly to safety that we know not of? Thus conscience does make gamblers of us all, And thus the native hue of conviction Is sicklied o’er with the pale cast of Greeks, And YOLOs of great size and moment With this regard their currents turn awry And lose the name of tendies. Soft you now— Fair Robinhood! Nymph, in thy push notifications Be all my losses remembered. For now I rage against the closing bell, Curse halts, praise volume, fade breakouts blind, Buy tops with confidence, sell bottoms in fear, Trust vibes over data, tweets over truth, And swear this time—this time— The next trade surely pays.
Need SPY to fucking kill itself tonight literally slit its throat and die
SPY 700 in 2025 has been written in the stars since the beginning of time. Only those who have been true believers will share in the great rapture.
Perhaps entering short dated OTM SPY calls were not the move on Friday
thats what I did. Left a couple moon shots only throwing like $3k in a few of them and have the real money in safer stuff / SPY
Can SPY just a pick a direction please? This 689 & 690 shit is killing me
2.6k left. 0DTE puts SPY 680 today. Trust me. Please credit me in your 2.6 -> 100k post
I fell for the SPY 700 meme
balls deep in SPY and SLV calls . They were cheap
While people focus on metals SPY continues to be useless and ghey
Wait why SPY bulls almost every silver bull has stocks too lmao
Silver bears, SPY/market bulls, and crypto bros are a Venn diagram that is best described as a crusty circular butthole of humanity. Vermin, just absolute vermin all of them.
Nothing will beat SPY year over year! Just invest in VOO or VTI and chill.
Honestly it’s an asymmetrical risk play. Very risky but also high reward. It’s a bitcoin derivative when bitcoin goes up significantly MSTR goes parabolic. And right now we are at the bottom/trough period. Price per share could drop even more but it’s funnily a longnterm play for me. Now if you want something safe just put in to SPY or triple q. Maybe dca because we are at all time highs.
When it comes to the market, time plus money generally leads to more money, but it is not linear. It moves up and down with a long-term upward trend. Personally, I would look at holding three to five well-researched ETFs that diversify risk across sectors and countries. Right now there is a lot of overlap. SPY and VOO are essentially the same, and QQQ is a concentrated bet on the riskiest growth and tech portion of the market. If you are holding QQQ, it can make sense to set a target and eventually move some of that into SPY, since SPY already holds many of the major companies that drive QQQ. I would also consider adding an ex-US ETF to reduce concentration risk. Something like a portion of the portfolio outside the US can help balance exposure over long time horizons. Progress in the market is not linear, but buying during downturns lowers your average cost per share. When prices recover, you reach break-even sooner and gains compound more smoothly. At the same time, money invested while the market is rising still benefits from that upward movement. This is different from investing in a single company, where failure can wipe out your position. With broad market ETFs, you are buying into the market as a whole rather than one outcome. Disclaimer: this is not advice on exactly what to do. Allocation should reflect your own risk tolerance and how you feel about current market conditions.
Asking the Stock Gods for a red open, then they can pump to SPY 695 after the Europoors finish selling at 11am 🧑🦼➡️
Planning to take back all the Christmas gifts I bought this year If SPY doesn’t have a real green day tomorrow
SPY atm calls, 24dte This is how I'll lose this week
Not asking for much, just SPY 700 by open
Fucking hell, dude could have put $10k in SPY on liberation day or hell even Jan 1 and printed
Sitting in the cuck chair with SPY calls
I think you could probably touch there again. I should have gotten the stock around $9 back then, and rode a few of the waves up but I played SPY 0DTEs instead
Thoughts and prayers for SPY 700 tomorrow
SPY means puke in my native language
You don't understand that long call is called an "equivalent" to the long equity plus the long put. My idea prevents needing to realize shorter term gains/losses (to liquidate equities to enter the long call) to be able to maintain exposure and have a "margin call resistant" position. Main point is you don't have the capital to have both your desired market exposure (fully capitalized) plus liquidity for "life". What I'm proposing will also protect you from falling interest rates, but whatever. Anyway, long call or long equities plus long put -- either way you are paying the most expensive part which is the downside protection (which you might need due to shortage of capital). So there's a learning curve ahead :) I would go for greater liquidity and a deeper ITM call to tweak my exposure between equities and bondlike exposure rather than pick a less liquid ticker that has some bondlike exposure in the underlying, but that is me (eg, SPY versus something else) Good luck!
Just switch brokerage. It only takes few business days and you can apply the strategy that you developed. I have literally over 1000 trades this year majority are in 0DTE and SPX, spreads strangles and Iron Condors. Why would you even bother with messing with Robinhood and trade 0DTE on SPY.
Well Robinhood allows SPX and etc options, spreads, but when it comes to calendars, it doesn’t say they’re risk defined, even though they are, and the strategy id like to test is indeed a calendar of sorts. I don’t want to switch brokers without testing it to see if it’s worth my while so I was planning on trying it on SPY first to see if it works and then I can switch to a different broker to save me the headache of management later
Just curious what brokerage allows you to trade level one option but doesn’t offer SPX/XSP. You should switch brokerage and trade SPX instead of SPY.
Bro, if you understand the risks so well then why do you want to trade SPY and QQQ? Trade SPX instead, or XSP if you can't afford SPX. I run a bot that opens an SPX 0DTE trade every single day and I rarely even look at the trade until after market close. With assignable securities, you're going to have to be watching those trades like a hawk all day to avoid getting liquidated by your broker.
I know, I spent all this time developing the strategy for SPX only to find out that I can’t do it on SPX on my brokerage so now I’m adapting it for SPY and the only variable is “early assignment” so I just need to navigate how big of a risk this actually is
SPX instead of SPY. Cash settled.
SPY 685 0DTE puts gonna print?
Why buy calls on SPYM? Why are you concerned about notional with a long call? Unless you plan to hold to expiration, notional exposure isn’t something you need to worry about.Much better off buying calls on SPY or SPX
What are the odds we drop 10% on SPY by second week of January? About 75%, right?
I'm going to NYC for NYE. Do you guys have a fave escort or should I check strip clubs? I don't feel like going to the club to meet someone. Or skip all and buy SPY calls and masturbate in the room? 😏🤔
Can mods stop us from talking about SLV? It’s like suddenly they ask us to stop talking about SPY. I’ll talk about >!Alicia!< Silver>!stone!< in that case
SLV, NVDA, SPY and maybe QQQ
This is great advice, thanks for sharing! Correct on your assumptions of my positions. My delta on most of the synthetics is near 1 which allows me to mimic owning 100 shares. I've only applied this to stocks that I have strong conviction in with no speculative names. My biggest concern is the downside risk as I've not hedged in any way. I was thinking about doing a VIX ratio spread to offer some protection me in a COVID-style drawdown but the potential losses on the hedge make it less attractive. Also, VIX isn't directly linked to my stocks and wouldn't help if SPY was stable but there was a tech sector rotation. If I was on the losing side of this trade, would rolling the put and call to 2028 (preferably for a credit) be possible? If it was a minor debit, It would be acceptable.
Okay, you're doing an actual Call/Put synthetic, then. I was wondering when you said you also sold a Call against the position, because some people will buy a LEAPS Call and call it a synthetic stock position. (Which it *kind of* is, but technically isn't.) BUT, I think you might like a LEAPS Call that you sell a Call against better (the Poor Man's Covered Call). I don't have time to break it down right now, but run the numbers and see what you think. One of my biggest complaints against the synthetic, which you allude to, is the unlimited downside risk. With a long Call, the total risk is what you paid for the Call. Plus, even though the synthetic can be put on for either side of 'free,' what's the Buying Power Reduction? I think you'll find that it's larger than the cost of a LEAPS Call just 1 year out (no need to go further) at 80-delta, or even 90 or 100. I broke it down for someone here a month or three ago, but don't have time to look for that post right now. If you don't know what I mean though, or how to compare the 2 trades, let me know and I'll try to get back to you tonight. Oh, and as an internet stranger/friend, please don't day-trade SPY. Or anything. Day-trading is a losing game for most, if not all. Have an edge, not a hunch about almost completely random price movements. "Be directional," someone once said to me many years ago. Have a thesis for a direction over months at least, and then express it with shares or options. Take care.
I could see SPY dropping to 6700~ before we find proper support
I usually trade tech stocks like SPY, Nvidia, Tesla, etc. I also trade cryptocurrencies, stocks, and forex. I like to play different games depending on what the market gives me
Be happy that SPY doesn't have options expiring on the hour otherwise this sub would be broke
I'm usually wrong but I'm feeling a bit of a pullback on SPY tomorrow.
SPY sits at ATH 70% of the time.
Why sold UPRO? we all know SPY will keep breaking records forever
You would’ve doubled your money if you left it in SPY
In early 2020, I thought I was hot shit because I traded Tesla and SPY options. I went from 15k to 100k+. Then, COVID happened and my net worth crashed to 0. In hindsight, it was the best lesson I could've asked for, because I learned my lesson early. The next 5 years, I automated investments into low cost index funds during the pandemic when valuations were rock bottom and stopped trying to be a hero with options. Now I'm $1m+ and that loss in 2020 is a distant memory. That 100k draw down might've saved me hundreds of thousands down the road You learned a painful lesson, but this lesson might save you millions down the road depending on how you look at it
After SPY crashes back to 350\*
LMAO at tylenol bois who are somehow broke after 3 years of >+15% SPY return back to back. You guys truly are special.
Exited few tanking stocks. Became little careful at weekly calls and puts. Started recurring SPY, VOO, GLD and Google purchases.
I have UCITS fund - ticker I500.AS, it is more tax-efficient in my position(I am not in the US). Option will definitely be on the US markets. My plan was to have it in single position that would be ATM as it is supposed to be the sweet spot between decay and amount of capital. Are you suggesting going out of the money to lower delta instead of having lower notional value(e.g $80 SPYM vs $690 SPY)?
start with cutting cost each month (less uber eats, less subscriptions). Use that money to DCA into etfs like SPY/QQQ
So, you have a portfolio, maybe SPY? And then you need to withdraw money from your portfolio by selling some, but you want to keep your portfolio almost the same. As far as I know, one of the best tickers in terms of spread is SPY, or maybe SPX, so I think your choice is already good. How about buying a SPY call with a delta around 10000/690 (your withdrawal amount divided by the SPY price)? It is around 14 delta, which is OTM. You can buy very long DTE, 3 years, to minimize theta. I am not sure why you chose ATM, but this what I will do.
You are failing in a bull market. Let that sink in buddy. $SPY is at all time highs. Stop gambling and get some help.