SPY

Paul_Robert_

Good thing most of us aren't obsessed with SPY 😌

Yottahz

I am a bit over 2.5 but I dink around with a small Roth for fun. Everything else is in SPY or treasury bonds. In the Roth I still wouldn't buy SPCE but I have bought options on biotech. I got it up to $250,000 from $7500 then lost a lot, down to $40,000, now back to $175,000 and change. I guess I am a bit regarded. It is fun though.

Impressive-Name5129

Hello hon. 🙃 I found your secret wall street bets hang out. So this is what you mean when you said all your money went into SPY while chatting on the forum.

RockasaurusRex

Despite all the uncertainty out there I think we can all agree that it's obvious SPY is going +30% next week.

JasonD8888

You said “try doing .5 to .10 delta on SPY” Did you mean .05 to .10 ? Point 05 rather than point 5 ? But we get the point. Sensible and realistic advice.

Ozqi

Spurs vs Knicks NBA finals, last time this happened was 1999. SPY had a 20.4% gain in 1999 SPY to $800

RunsaberSR

SPY stopped caring about Iran the moment it bounced off $630. Up and to the right. Forevermore.

Ashamed_Variation435

4 years but yeah good point not a great return… but still better than -150K loss that I was starring at in 2024. As far my YTD beats SPY I’m happy. Been doing that for last two years.

Less_Gap_7507

It works, but steady income with limited risk is harder than it sounds, especially for a beginner. Selling OTM options is collecting a small premium for taking on a potentially huge liability if the market moves against you. Most people start with index options like SPY because they're less volatile than single stocks. Selling around a 0.30 delta is common, but you absolutely need a defined risk strategy, like spreads, from day one. Honestly, the real key isn't the delta you pick; it's having ironclad rules for when to enter and when to exit a losing trade. Without that, you're just gambling. I follow PutYield because they only sell ES puts during confirmed uptrends, which is a huge risk filter. It's systematic, which helps avoid emotional decisions. Might be worth looking at their approach for structure, but focus on learning risk management first. That's the actual guide.

ballzstreetwets

The move will be massive for SPY

Bert_McQueen

I started investing by putting money each week into a mutual fund through my bank, I did this for 10 years until I had about $100,000. I don’t even know what it was, it was safe but it didn’t grow very much. After reading a bunch of books and going to a seminar I decided to open a self directed account and started putting a few hundred dollars per week into it. After about 4 years I had invested around $30,000 which grew to $55,000. I started with BRK-B and MSFT and I had some SPY and AAPL. In January of 2025 I received a small inheritance and then I decided to consolidate everything in my self directed account and manage it myself. So in January of 2025 I started with $225,000 which took me about 15 years to save up. Today my portfolio is worth $455,000 meaning that it has doubled in a year and 5 months. In the first year it returned 43% which surprised me, I was hoping for maybe 20%. So far this year it’s up 41%, I am surprised and delighted. Now that I have it where I like it in terms of position size and stocks, I just just keep putting about $500 a month in and I buy whatever is down and cheap out of my chosen stocks. My plan is to hold long term and just keep chipping away. I might start building positions in VRT and ARM over the next year, I also want to add more CAT I wish I had bought more. [Here](https://imgur.com/Wx6JQdp) is what my portfolio looks like today, here is more detail about [ASTS](https://imgur.com/y4Q1xeS) and here is more about [SMH](https://imgur.com/SwtwRMh). I heard about SMH in a youtube video, I learned about ASTS in a reddit post. I learned everything I know from watching youtube videos.

SoterPie

I hope it spikes that high for the lols and I going to slurp some SPY leapies.

diefy7321

Never forget bers told you last year to sell when SPY hit 481 lmfaoooooooooooooooooooooooooooooo

Sea_Exam3932

RSI sky high, SPY ATH again. People who think this will go to 600+ without cooling are crazy but hey I’ll take my chances.

Sea_Exam3932

I don’t necessarily disagree but with SPY at an ATH again and how stretched AMD looks here, I see it dropping back to 470 at least before.

Chunknorris111

Bought XOM few yrs ago under $100. They pay some dividend, so why bother selling it. It generates some money and is a hedge against events like this. Also picked up some SPY put as hedges in case they start to fight again. Nobody here knows wtf will happen comes monday so best to cover all bases.

RichardUkinsuch

I belive something "broke" in early may and citadel, Jane street or Susquehanna are fuked somehow, possibly on scandisk or futures, and these legacy beaten down stocks are being pumped to fleece retail. Record amounts of puts market wide have been bought since April all while calls keep going up. Definitely not retail selling calls and buying puts on SPY and IWM.

AirForceDocta

Not gonna lie, Bitcoin bros have been shitting on the SPY/VTI crowd. I feel comfortable with 70% VTI/SPY, and 30% VTIAX (international) and just letting it roll. Most of the guys I know that talk about Bitcoin all the time have shit for brains and no future thought process behind the next year. (I am NOT saying this is you!).

kanyedidnothingwr0ng

Thanks for the $5,000 Mr. SPY CEO, I'm not selling! Not financial advice Did he also watch 2 dark magician girls 1 pot of greed? A Bus driver does not give good financial advice. I need to pivot

Regenbooggeit

I wasn’t talking about owning cars. I was talking about car salesmen because dude was saying ‘just flip cars’ instead of buying stocks as if that isn’t a fucking niche to get into. Even though a lot of people own cars. Flipping cars just as houses requires a lot of knowledge. Stocks? Just buy SPY and fuck off into the sunset.

Dude_HaHa

### End of June: WTI climbs to 125. We have a concept. ### July 31st: WTI 150. SPY testing the 700 support ### August 10th: New chips from SAIC and Huawei drop, 50% efficiency gains. ### August 20th: SPY 680 ### October 15th: SPY rangebound between 660 and 680 ### November 10th: No rare earth deal. New Tarriffs. SPY 630 ### November 15th: counter tarriffs. SPY 570 ### December 10th: Deepseek v4 drops. Massive efficiency gains over oAI or Claude. SPY 520. ### Jan 2027 WTI 300. Circuit breakers. SPY 370.

_AT198

The lesson here is F SPY and the wall street lie that people can’t beat the index!

Some_Current1841

I have SPY puts 😔

NotMe357

TACO should start a war with Cuba this Sunday and make a peace-deal with them on Monday so SPY can go up 1% while QQQ go up 2%. Peace is always good for the world, but to have Peace we need War first.

CaptainApeCommander

SPY opening up 1% on Monday 🤌🤌🤌

Zachincool

i literally dont know what SPCE is and i dont care, i mainly just trade SPY options and share s

CriticalAnybody6686

Oh my gosh I had no idea SPCE wasn’t SpaceX! I’m just some retard who read that SPCE holds the company name Virgin Holdings and has a totally different CEO. Ohh Oracle of markets, I’m confused does SPY invest in iSpy books? Pray tell

Peresviet

Very interested in the stats, do you guys have any clients that make it? I frequently trade and immediately diversify winnings into SPY/QQQ, wondering if there’s a better strategy for 7figure accounts 

restartilife

!banbet SPY 768 3d.

dlinders10

I would disagree. I do 95% of my trading with shares but it's nice to use options with a little left over money. They have their place and it's not always gambling. During the Iran war dip I bought $680 SPY Leap calls expiring in 2027. They are up 10x now and we're pretty low risk given they were bought so far out. I could have bought more shares but I'm up way more with the option to take advantage of a downturn. I figured it was pretty safe the Iran war dip wouldn't last into 2027.

oilman99999

SPY 10000 is around the corner tbh

Over-Computer-6464

The SPY/VOO is not a clear cut case. The IRS has never made a statement about what is "substantially identical" with ETFs. Many claim that VOO and SPY, although they track the same index, do not have identical holdings and therefore will not create wash sales if selling one at a loss and immediately buying the other. This is an open question. There are many more that claim that you can swap between similar ETFs that track indexes from different index providers. There are 3 or 4 major index providers. So for example, there are VTI, ITOT, and SCHB that are in total US stock market index ETFs, but technically they follow different indexes. Companies like Betterment and Wealthfront have published white papers on how they use similar, but not substantially identical, ETFs like this to tax loss harvest. The IRS has not approved, but neither have they objected.

ThetaEdgeHQ

Worth separating the two risks people fold together here. On American style ETF options like SPY the risk is pin and early assignment, which others covered. On cash settled European index options like SPX the assignment risk is genuinely zero, but there is a different one that catches people. The settlement value isnt the Friday close you see on the chart. AM settled SPX options settle against the special opening quotation on expiration morning, built from each component opening print. Those prints dont all happen at once, so the SET can land meaningfully away from both Thursday close and Friday regular open. A spread that looked safely OTM at Thursday close can settle ITM on a gap morning. That basis between the print you watch and the SET you actually settle against is the under discussed risk, not the mechanics of cash settlement itself.

meathead13_

If you aren’t retiring in the near future it doesn’t really matter what happens in the short term Go look at what the last few big crashes look like now on the “all time” chart for SPY

No-Improvement3164

SPY is so out of touch with the 200wma it’s insane

Ziegelmarkt

>Where things can get tricky is ETFs. SPY and VOO are considered substantially similar so you can't sell SPY for a loss and then buy VOO. I deliberately didn't mention that just for brevity. I think SPY/VOO were the actual examples they gave me too. My easy way to remember the rule ever since has been to sell an EFT for a single stock or vice versa, or completely change sectors "just in case"

atpplk

> Or you could just... do nothing? Am I misunderstanding or is 1.8 trillion a good deal less than the market caps of Google, Microsoft, Apple, etc? Like, I think Microsoft's days are basically numbered with the enshitiffication of Windows, but I'm not going to dump SPY or QQQ over it. I'm pretty sure the bodega next street also has a market cap that is sensibly less than Google, Microsoft, Apple. But they don't have the same revenue and profit either.

WickedSensitiveCrew

You are right but attacking SPY in anyway will get you downvoted every time. Weighting will tilt more toward tech if SpaceX is actually able to change the rules and get into S&P 500 sooner.

Emilio___Molestevez

you guys are aware that Don has told his people he wants to be in office for $SPY $1000 right? like you don't actually think he's gonna let someone else take credit for that milestone, do you?

DogOfDreams

Or you could just... do nothing? Am I misunderstanding or is 1.8 trillion a good deal less than the market caps of Google, Microsoft, Apple, etc? Like, I think Microsoft's days are basically numbered with the enshitiffication of Windows, but I'm not going to dump SPY or QQQ over it.

Lost_Ad_3081

Nope, I'm not. But my portfolio has been cranking and I'm very happy with the gains. Portfolio is 70% SPY, then the remainder is mostly MSFT, NVDA, GOOGL. I have a couple of degenerate options plays at any given time but never had any take off.

dinklebot2000

Did you read what OP wrote? Similar companies are fine, just not the same company. And selling for a gain and then rebuying does not trigger wash sale rules, it's only for losses. Where things can get tricky is ETFs. SPY and VOO are considered substantially similar so you can't sell SPY for a loss and then buy VOO.

Several-Bridge-6287

!banbet SPY 675 6w

InitialPsychology731

SPY 770 eow

DeltaNeutraltrading

Check income trading. Mainly you gain from options time decay. SPX Best and SPY Ride Trades are doing good (even in these higher growing market)

Mundus6

True. 2025 SPY was down in my currency. But this year dollar recovered a little and the stock market went up even more. So if i held us stocks which i did (only a few) I get a double effect.

Super_Highway_3405

What's so hard to understand? 40% of SPY is mag7 plus broadcom and micron. AMZN retail basically doesn't matter, so the only other one that depends on an average person spending money is AAPL.  So the onus is on you, show me the disastrous earnings. 

CelebrationNo1242

most of them don't beat the market lmao there's only a handful of firms that beat spy long term, and because they're so rare, they literally become famous straight up any hedge fund that's not famous does not post good returns vs SPY

CalebVanPoneisen

I sold most of my stonks a few weeks ago. If you look at SPY, there's a dip. Yeah. Right before that I sold. I didn't buy the dip because I thought it would keep dipping. But it didn't. And it kept climbing. To avoid writing a whole novel here, I realized I don't know what the fuck is going on, and neither is anyone else. I might actually buy some stonks (because I don't do \~\~hard drugs\~\~ options) on Monday.

No-Improvement3164

I don’t touch puts on the SPY or QQQ. 10 times in a row within 10 seconds of buying a put a giant green candle came out of nowhere. It’s like I’m the inverse and the chart looks for certain it was going to dump or I’d chase a red candle and it’d instantly reverse. Scary stuff.

unhappyreach_

Im a SPY guy

HoldMyNaan

On the other hand I had to sit on my ass on my conviction picks for a year or two watching SPY outpace me, and only finally now am I very slightly outperforming. Not worth the stress, even if you ARE right.

DanGTG

Do you remember last month when SPY was down around $630? At that point you could have bought a 3/19/2027 LEAP on SPY, a long call on the $865 strike was $1. A single contract from back then went from $100 to $1200 today. When the market shits the bed buy long dated LEAP Calls. This is probably the most sure fire buy option strategy I can think of.

fridaynighttrader

if the index options are cash settled European style options like SPX then you have no risk of this happening as there is no assignment risk. the vertical spread has a defined max loss that you already have the collateral for when entering the trade. if you’re referring to American style index ETF like SPY then that is where assignment/exercise risk is real and could cause you to be long or short shares of SPY unintentionally.

Meandering_Cabbage

Yeah I remember my firm doing various allocation backtesting on different index funds in a risk-linked strategy. QQQ's relative performance even a few years ago versus SPY for the past two decades was incredible. Decent arguments to drop SPY for QQQ tbh.

No-Improvement3164

Does the 200 WMA mean anything to SPY ?

raisedeyebrow4891

Definitely true of QQQ and SPY

WordsHappenedHere

Just drive your uber and stop with the day trading. Stick to SPY

RevolutionaryFly3430

She suggested we meet next week at baseball game. She’s 34 and I’m 24 - unsure if it’s a date but I’m excited! Wonder how long this lasts before I get the, “you’re very respectful but I’d like to stop seeing each other” text. Idk, never been w anyone older so maybe it’ll go different. :/ wish me luck, SPY to $800 or something around there.

Weak_Emu3659

Degenerate gamblers looking to bet on SPY, NVDA, or the next pump-and-dump should head straight to the r/wallstreetbets Reddit community for daily loss porn and diamond hands.

Sweaty_crypto_noob09

I was early to the SPY Iran war just paper handed I had I held could have made a nice penny 🫩

hroaks

If you want something more tech heavy go QQQ. If you are a bit bearish on tech you can do SPY

d33p7r0ubl3

cnn reporting that Iran is actually digging up the enriched uranium like they were asked. I can’t think of another time in history when a country had basically won a war as soon as it started, only to end up losing it. SPY 800 eow

newtownkid

He’s saying that the sentiment that 90% of people can’t beat SPY makes sense when you look at how regarded this sub is, and the odd or overly cautious things value investing subs focus on - thus it’s not so much that it’s difficult, it’s that most people are stupid. Easy to say in a bull market like this one.

495N

Monday you will full port 0DTE in SPY and not tell us

theshiniestbrighstar

SPY to 50000. Market will never collapse.

_rockthemike

SPY 1000 is wild lmao

Own-Wolverine-5361

!banbet SPY 750.12 3d

Soulsetmusic

Circling back. The HOOD leaps are up 150% total, stocks up 20% this week.  Something something 50 years, something something beat SPY

Jagged_Tide

Literally only ever do calls. Just SPY and NVDA, I think because they were mostly 0DTE I ended up buying high on the day damn near every single time for SPY, meanwhile NVDA has just been fucking me ever since earnings (a little before even actually)

thenuttyhazlenut

Another great day. Finally green ytd (because most of my portfolio is contrarian bets) and on my way to catching up with the SPY. I've been trying to be more concentrated into my best ideas.

Jagged_Tide

All I buy is calls, namely SPY and NVDA

sadguy__

We got -1.5% move on NVDA at literally last minute. Call me crazy but that was an insider move, war and bombing starts, and market is going to dump hard on monday and probably crash in June wiping out the last 3 months of gains, back to SPY 6900 or lower. Then hard rally to 8500 in July as 🥭 declares Victory in Eyeran and prints his 250 dollar bill between July 4-10.

bosco2110

What the hell happened to SPY

PatrickSebast

Bears if you just wait about months the overheated market will finally crash back down to SPY $800. Be patient.

Moepenmoes

SPY 800 next week, 1000 end of next month, bers forever extinct, golden age indeed

Dgonzalez617

SPY is for trading VOO is for holding

Flat-Focus7966

If I had gone all cash when SPY was 630, I would have missed on 30% gains. May not sound much but it’s a big deal for me…..

TipEmpty8429

SPY drilling

Ok_Persimmon9849

Not the only one but there is a clear pattern with oil and SPY that I have a strong feeling someone in the WH is behind.

RothTo0DTE

SPY used to do that shit regularly. I don't k ow how many times my Fridays were saved because of that

WSB-mods-are-

SPY calls burst into flames at the end there

Ok_Persimmon9849

That PLUMMET on SPY at exactly 15 after omg

SuperbSandwich

Has QQQ ever been this close to SPY?

KroKart100

Bought some 6/2 SPY 770’ lottos

bearhunter429

#Before the war started and Hormoz Strait was wide open SPY was at $670. Now we are at $755 on talks that strait might open again LMAO🤌

FatFluffyFish

MMs really found a way to close SPY as close to 7600 as possible huh. Jesus

TotalInstruction

Good luck. It’s a good strategy if you’re disciplined and you pay attention. My suggestion: start with SPY or QQQ, which has dollar wide spreads available (I like XSP for tax advantages but the fees at that scale will eat you alive). At a dollar wide your drawdowns are obviously much smaller and you can test the strategy without going broke. Longer term $5 or $10 spreads are more efficient if you can afford the losses, but manage your risk accordingly. It’s just a different and (I think) better way to play options. Instead of buying OTM calls or puts and hoping to catch a huge directional move with a <10% chance of profitting, you’re taking the other side of the trade and stacking smaller profits 9 times out of 10. You don’t even have to be directionally correct, you just need to be not massively wrong.

Put_Er_There_Sport

NVDA and GOOG holding SPY back from 760 right now

ValueOfADollar

VIX going up SPY also going up ok

WSB-mods-are-

Nothing pumps the market faster than when I sell my SPY calls

sirzoop

people kept telling me for so long that individual stock picking is pointless and you are guaranteed to underperform over time. meanwhile my individual stock portfolio has returned an average CAGR of 40%+ over the last decade (including all of the crashes btw). SPY has had a CAGR of 15% and QQQ 20% for reference

davidbigham

I am starting to regret those SPY 760 0 day. 🤡

FatFluffyFish

SPY -0.05% Stay tuned for peace deal soon pump of 5%

viperex

So SPY will end 2026 above $900?

svpa3991

SPY has these insane Vs while my positions keep dumping

NonBalisticSniper

I don't do DUE DILIGENCE, I don't do THOROUGH ASSET RESEARCH, I don't do RISK MANAGEMENT I go ALL IN on SPY 0DTEs and if I end up donating to the market I CRASH INTO A WALL AT 90MPH

Phandomtrigger

SPY playing some red light green light, everytime I look at it, it stops movin

financiallythriving

Imagine paying fees for a financial advisor and underperform SPY for years

Dude_HaHa

# God hates SPY. He absolutely loathes QQQ. He plans on sending SOXX straight to hell.