SPY

inappropriatetart

Need nuke for SPY 750 calls to hit

Independent-Tree-985

My favorite is when they ask why their brokerage showed the SPY was at 750 for a split second, what happened bro?

Roygbiv-Turtle-98

woke up, reading comments here thought SPY was at $300 based on comments fr you guys need to stop looking at every 1 minute candle

Basis_404_

*SPY opens at second lowest level of the year* Bulls: those Bears are so dumb

Loose_Stool_12

Love when the bots go nuts over the tiniest movements. SPY gently dips 0.17% and it's "drilling." Beep boop 🤖

greenpride32

>My friend says I'm overthinking it, but I really feel this market was never intended for ordinary people to win from the start. Those insiders, those institutions, they already have the winds, the inside information, and the trump cards we'll never get. We're just here to make up the numbers, to provide liquidity. Individual stocks go up in the long run when they increase their profits and distributions; the micro. I say long run because the macro can influence the short term. Even AAPL lost 50% of value during 2008-09 financial crisis. The SP500 goes up over time because it intentfully shuffles membership and weights to allow the very best companies to carry and represent the index. The market "losers" are filtered out and tossed to the side. But the market can also be what you decide to make it. If you're just buying X just because you think (hope) it will go up, without any analysis on financials and state of the industry, you've just made it more or less a game of red or black. When I started working over 25 years ago, SPY (SP500) and QQQ shares were under $100. Didn't need any "inside" information to invest in those shares and grow my net worth over time.

CUbuffGuy

Yes. If you have a block order of 50,000 SPY shares, and you sell it during premarket, 40,000 of those shares are either not getting filled and congrats now when it opens you’re staying at a lower price, and people who were going to buy might pull their orders to try to get a better price. Or you could be a dumbass retail trader and slam marker order in remarket; watch spy drop .5% as you get shit filled, then instantly come back up. Then you get to enjoy getting your license revoked and fired from your trading desk. Good job!

Bene_observari

Hey kids! Put USOIL, DXY, and US10Y in a watchlist. If those are green, don't buy calls on SPY.

corporalboobs

My SPY puts to $654 expiring today are looking really good right meow

Worried_Quarter469

Strait of SPY 700 closed permanently

Redrammer

!banbet SPY 669.69 1d

good-times-

Everyone’s lying. It’s war. SPY 700

Redrammer

!banbet SPY 660 1d

Redrammer

!banbet SPY 660 1

phagebiscotti

Good morning SPY. Time to wake up and moon for absolutely no reason 

Fun_Purpose6972

I put $2K into SPY every month, in a few years I can probably bump that into $4-5K. You guys think this is a good savings rate or nah?

Roxorek

surely we'll have at least 10-15% more downside on SPY the dump hasnt even started yet, weird market

BFox1982

If SPY goes to 675 by EOM I will get Live, Laugh, Love tattooed on my lower back.

Select_Season7735

SPY trading like a fucking meme stock and I’m all here for it

UnivalveX

don't worry guys mango said war is almost joever. please resume pumping SPY to 700

borkdpasito

How the actual fuck is SPY not red How the actual fuck is oil at 90 I trying really hard to believe this is rational price action

kngrvz

Boiiii it’s not the markets fault, nor the people who taught you to trade, those risky AF shorts are what got you. Not anyone’s fault but your own, especially considering it’s all SPY like bruh.

bobbyknight102

Bers spamming downvotes cause they can’t believe SPY is green

Unhappy_Hedgehog_808

Yeah but had people like “SPY is only 2% off ATH” a month ago. Seems like that number is getting larger.

Roxorek

SPY is 6.5% away from ATH quite ridiculous

Realjakeparks

Sometimes the simplest investment provides the most decent returns. You could’ve thrown all that money into SCHD and SPY.

arbitraryBlue

650 SPY puts are the ticket, 645 SPY probably the golden ticket

gayforgoblin

!banbet SPY 670 1d

ShopWhileHungry

Is it a coincidence the Marines will arrive when the 5 days pause end? Is it a coincidence the 5 days pause end when market close for weekend? Is it a coincidence I suddenly have an urge to put all my savings into SPY calls?

Fun_Purpose6972

SP500 has never NOT gone up in the long term. If you are scared, just buy SPY, leave options to real men

Silver-Orchid-1339

[https://0dteoptionstrade.com/app/dashboard](https://0dteoptionstrade.com/app/dashboard) SPY in 0DTE purgatory

Vegetable_Push6542

!banbet SPY 800 1d

masonk69

Time to go to sleep and wake up to SPY back up to 677. Ty 🥭 for your price manipulation

Silver-Orchid-1339

[https://0dteoptionstrade.com/app/dashboard](https://0dteoptionstrade.com/app/dashboard) where is SPY going to move today

MissMatriarch

Just a reminder folks; last Friday, the SPY opened at 656, same as now. … it dropped to 645 that day on the simple fact that the economy is fucked.

kk7769

U FOKIN DONKEY. options for LETF has higher IV, aka priced in for its movement. better to buy options on SPY QQQ or SPX directly, much better liquidity

Fit-Doubt4251

Over 100k volume for overnight trading on SPY but 94M volume on average lol

Iknowyougotsole

I hope this is like a repeat of 2020 where 🌈🐻 kept saying the world was going to end and SPY should go to 0 and then it proceeded to go up and up and up

TJMBeav

SPY 560

Vegetable_Push6542

!banbet SPY 690 30d

Vegetable_Push6542

I think we edge SPY 700 by mid April and then blast through on tech earnings

Pale-Silver-8178

Buttcorn recovering silver recovering May the 2 idiots who yoloed 100k and 13k in SPY puts get liquidated and nullified

ExplanationNormal339

$5k on one trade is a living expense paycheck, but [$SPY](https://aimytrade.io/ticker/spy?utm_source=reddit&utm_medium=comment&utm_campaign=smallstreetbets&utm_term=SPY&utm_content=variant_1774332452270_jj015) breaking the 200-day MA usually signals rotation out, not in.

swingsetmafia

They dumped the oil and bought SPY. The announcement would have dropped oil prices and caused SPY to spike. This only shows half of what happened.

_3470

OP said oil trades, is this graph showing that there were also people buying a shitload of SPY shares in premarket before 🥭 posted?

No-Fox-4742

SPY $640 open possible ?

UnivalveX

at some point, SPY actually pumped more than $25 in just 10 mins on a fake ass tweet that's pushing armageddon by a few more days

No_Car8693

!banbet SPY 645 1d

No_Car8693

!banbet SPY 645 1D

NarpRocks

SPY going to pump your mom like crazy tomorrow.

Pizzapimento

!banbet SPY 686.87 4d

neo-futurism

!banbet SPY 650 1 day

DriftWoodBarrel

SPY going to pump like crazy tomorrow.

SenileOldDude

Back in my day… we didn’t have SPY, wait, what day is it?

powerboner

SPY moving faster to 600 than 700 is so funny

SenileOldDude

If SPY crashed down to $500 tomorrow. Wyd?

neo-futurism

Lost 6K, made 6K today. Screw SPY! See u all tomorrow in the 🥭's casino.

Affectionate-End9198

Unfortunately impending doom of the SPY $645-675ish range

ManBearPig_1983

SPY 800

NewAccount428412

Only plausible bull scenario i see is other countries in the Middle east dog piling in on Iran in retaliation and making things real bad there. Saudis dont mind using cluster bombs and white phosphorus on population centers they did that shit in Yemen. SA gets to take the heat for war crimes. Iran becomes a hellscape. SPY 700.

_LakeCity_

I'll be looking for that sweet bullish divergence on SPY. Thinking it probably flashes in the low 600s at this point.

Abject_Wish_3787

I'm from the future (timeline); Everyone thinking PUTS are the play (Because it's obvious). Bears are putting screenshots of SPY PUTs saying free money Saying bols are nubs and we're going 600 TACO Any moment: Israel is now 54th state of US and post Selfi with Ayaatolla (market goes barrrrrrrrr 10T in 20% SPY) WSB posts: How I lost my life savings. TLDR: Believe it or not Calls

SaaSGrass

!banbet SPY 720 5/1

SaaSGrass

Bears are going to be so pissed when the Iran conflict is resolved sooner than expected SPY 720 <5/1

frozen_hobo

Look, SPY. You're gonna need to either believe 🥭 harder or call his bluff. Either is fine, but daddy doesn't bet on you getting high and walking in circles around the living room

dyvonca

You sound like you need to just invest in SPY/VOO if your getting this emotional. I assume you are messing with options and think your “investing” but likely do not understand the technicals of options

twat_muncher

OP you know what's funny, I bought SPY $660 calls on friday before close and sold at open this morning and made 200% just like that.

kazkeb

I was a little worried about my bullish position on SPY until I just saw that futes are red

aure__entuluva

There's a war, surely SPY will tank! Fails to account for the fact that the entire existence of the US government has been pumping assets for the last two decades if not more.

Acceptable_Office465

Whelp, now I know why SPY was tanking in the overnight market. 

NarpRocks

SPY 500 by June 30th also, IMO.

NarpRocks

!Banbet SPY 600 35d

Potential-Plum7187

Who else is ready for the Trump tweet an hour before market opens that sends SPY to the moon

DiamondG331

Some of these dips are the equivalent of SPY moving $20/day. The SOUTH K. KOSPI dropped 12% in one day a few weeks ago. Asia is now green but a few hours ago they were all down 2%+

Basis_404_

*SPY finishes the day at its second lowest level of the year* Bulls: those bears are so dumb

Queasy_Soil9646

Bulls: My $680 SPY 1DTE calls should be fine

SignificantBar7172

You just suck at trading. Follow the trend instead of trying to time reversals. If the market is moving up from 9:30am-10:00am EST, buy UPRO instead of trying to guess the top and buying 0dte SPY puts. It's that simple!

the_sound_of_a_cork

So SPY 700?

WordsHappenedHere

You have to trade the market you are given. This is where the sell off stopped at. If it wanted to go lower it would have. We were 7% down from the highs on SPY at the friday lows. 10% down for DOW. It doesn’t have to go down 15 or 20% to be a “bottom”

Fhyzikz

Why does SPY have a higher % float shorted than QQQ? You'd think QQQ would have a better r:r based on the concentration risk. Any method to the madness ya think?

ZonkTrader

No, what I meant is there is an 1,800 contract overall position limit for SPY. Well it’s 3,600 but an 1,800 spread is 3,600.

The_Alan_Greenspan

I rarely BTO or STC before 10am. I will write options at open. Something like SPY you can trade at open if you’re willing to gamble the first move. Today was an exception to that rule for me. I held 6 $SPY 656 weekly calls over the weekend and dumped them at 9.45 for a small gain. After the tweets I didn’t want to hold them any longer.

jsie-iaiqhsi816278

!banbet SPY 600 1d

cannythecat

SPY also closed under the 200 day moving average this same time last year, we're gonna crash again in April LMAO 🤌

OftenOlives

*US invades Kharg* SPY -0.5% premarket *US strikes Iranian civilian power generation* SPY -0.3% premarket *Iran blows its own infrastructure, mines Hormuz, and starts bombing GCC oil. The Gulf is inflamed in hellfire, toxic smoke and death.* SPY -1.2% premarket 🥭 Truth at 11:59 pm Sunday: Just had a great conversation with Iran boss guys. Productive! Peace soon! Also I'm declaring a ceasefire until Friday! SPY opens up 5.67%

hagos20

Yep automatically get 60% long term and 40% short term tax treatment. So saves you lots in taxes and it’s basically the same as SPY. About 10 SPY contracts equal 1 SPX tho.

DriftWoodBarrel

Everyone knows when SPY dumps during the night it's just going to rip in the morning. When I see SPY red before I sleep I sleep so peacefully.

Brodieischeese

!Banbet SPY 635 4d

Krammsy

I got in in 2008, convinced the DOW had bottomed that October, another 25% down and I'd learned that yes, boring is good. But. not too boring. I prefer Vega hedged SPY horizontals, SPY liquidity is an addiction, I admit it, Vega adds another dimension, a 2nd way to profit atop Theta and the tiniest Delta gains. One day I'll grow up and switch to CC's or collars, one day. .

Beneficial_Ad9547

!banbet SPY 610 2w

leshermes

Why is SPY going down? Well because the asians can see through Mongos lies

polychris

What the fuck is going on?? Why is SPY moving like a penny stock

Icommandyou

If insiders are betting on polymarket at some ceasefire deal, SPY calls are better play

jojoyahoo

> I will never win in this game. Technicals, fundamentals, they mean nothing, because our leaders can simply lie and change the narrative. I’m so sick of this. SPY puts based on a global headline isn't sophisticated trading. You just have a gambling problem. Stop blaming everyone else. Shake it off and earn some more money but don't be an idiot this time. Who am I kidding, your next paycheck is going straight into options so you can make it all back right?

ZonkTrader

My portfolio is $2.5M and I have only traded SPY, I have been considering a move to SPX but I agree the bid/ask spread is very wide compared to SPY. The only annoying thing is RH has overall position limits on SPY so if doing an iron condor it can limit the strategy. Otherwise even with the tax rate difference I prefer SPY. The other issue is SPX doesn’t have wash sale rules so that is a nice benefit, but I really should make the trader and 475 elections.

AD_rumors

Options is so dumb. Just work and save and only buy SPY. You'll get rich. This is just a blip and a valuable lesson. If you had $1M now you'd have lost that too.

GoZukkYourself

Red at night SPY soon take flight

ZonkTrader

Even Warren Buffet said he would never own WFC again after the crap they pulled. Funny my first stock I ever did the CC was WFC. I only do that for small positions in my Roth, in my brokerage I only do SPY spreads. But yea for sure selling options is definitely a much more reliable income stream than buying options. I’ve also been trading for years and it took a long time to build up a larger portfolio, boring is better.

Ok_Persimmon9849

The GDP is not good it is 7 companies and all the value is in magic beans that may never have any real value, meanwhile we have been pumping the debt up so hard the country just got declared insolvent. Just look at the 6 month SPY chart lol

AnnJilliansBrassiere

I found the more educated I got, more information scrubbed through, more screens, DD analysis, live data, pricey subscriptions to deeper live data, following other analysts and predictive charting I did, the more I lost. The market (in my opinion) has pulled a 180 in behavior. What worked flawlessly 2-3 years ago left me in shambles, so had to regroup and come back with a much more "regarded" strategy. When I just watch the live chart behavior (with what I know from watching it every day) and get a gut feeling that something unexpected and stupid is about to happen, I'm poppin' bands. Pulled a 120% port gain today on 0DTE calls, then puts. Was done by lunchtime. Find one thing (like SPX, SPY or QQQ) and just learn it, live and breathe it, and trade it exclusively. Know that some days, there just isn't a good play and wait for tomorrow. Chasing multiple stocks and memes just goes tits up when you know nothing about them. Besides, usually by the time you even know about them, they've gone stale. I also have to play it like it's a game, and not money. When I take losses and start worrying about ~~trading~~ playing to make money back, I lose even harderer. Caution to the wind, play it like it's a fuckin' Atari game, and I'm on fire.