SPY

Local-City-2605

Honestly, it's not really about the tickers. Even on SPY you can find contracts that fit a $300 account — the catch is that the cheap ones are cheap for a reason, usually far OTM or a couple of days from expiry, so "fits my budget" and "good trade" aren't the same thing. Two things I wish someone had told me when I started: \- Go deep on the greeks before anything else. An option does not move like the underlying, and until that's intuitive you'll keep getting blindsided by trades where you were right on direction and still lost money. \- Say goodbye to the premium the moment you buy. Treating it as already spent makes it much easier to watch the price do whatever it's going to do instead of panic-closing.

eromynAwonKtnoDI

Weekend check: Hyperliquid $SPY -.46% Hyperliquid $QQQ -.79%

WalkIndividual5122

So SPY calls?

olmsteadsgarden

Only look at one stock. Only enter from 10:30-11:00 AM Eastern. This captures Theta decay after the banks have made their early morning moves. If VWAP is trending in a particular direction this time, you’re already halfway towards beating the 50% chance. Look at a market indicator like VIX (particularly if trading SPY) and make a decision: is it calm or jagged? Make your play accordingly. Start small and build up. As in, one options contract to start. Perhaps paper trade for a month before using real dinero. That said, your balls won’t be tested until you use real dinero. Don’t trade on days with financial news (e.g. jobs reports, interest rates, etc). Note that a day not trading is not technically a day without trading. You are only looking for ripe opportunities. Look at your earnings over a month versus a day for perspective. Good luck! Also, don’t sacrifice more than a few percentage points of your portfolio on any given trade. Sell before 4PM Eastern for maximum gain (versus your provider such as Robinhood) to lock in the best price.

MiniPeepus

I'll give you my strategy. You watch the 1-day 1-min on SPY. You buy on resistance. Then sell when you see 40-70 profit, one or two large candles. Holding past that is begging for pain. Even though you could 3x it, it's better to sell off one hard candle in the direction you are betting, puts / calls. Rinse/repeat.

RedEgg16

I know this is a betting sub but why not just keep buying SPY regularly instead of doing options? Less stress and risk and effort

OkBeginning9576

please god yes, precursor to SPY -2%

Exotic-Plum5191

So buying 8/31 SPY puts on 7/30 was the wrong choice…..

bulgar88

So I have a legit question: how much of this is luck? Do you start with a single contract on SPY and pay attention to market trends/patterns/news? I understand a lot of the bigger moves are 0DTE. I haven't touched SPY myself. My understanding that Vega (IV) i'snt so much a concern on single day options. Genuinely curious. And yes, I realize on the opposite side of his trade, someone lost money.

-sakuranbo

SPY closed green on Friday so 🥭 decided there's room for a few more missiles

Wise-Parsnip5803

60% of SPX is long term gain instead of it all being short term in SPY

orcassharks

My long retirement fund mostly in SPY and VOO didn’t even blink.

orcassharks

We are burning precious weekend hours with no strike lol. SPY 760 Monday

hudson701

Positions? Was it all 0DTE SPY? Or anything with longer expiration ?

Extension_Diet4064

A 10% permanent cash floor works great as a psychological buffer, but holding up to 35% while waiting for market panics introduces real opportunity cost during long bull runs. It's tough to execute on panics without pre-set drawdown triggers (like deploying 5% chunks for every 10% drop in SPY). Otherwise cash sits idle while equities compound. Having strict rebalance rules keeps dry powder working instead of trying to time market bottoms.

GentAndScholar87

OptionCharts has a history chart for every contract: [https://optioncharts.io/option/SPY/contract](https://optioncharts.io/option/SPY/contract)

conciousinsimulation

You are literally getting paid to buy SPY selling puts at a lower price then what it currently is. It's a win-win situation in the long run, unless the market crashes.

Middleclasslifestyle

The YouTube channel that explained it best to me when i had zero knowledge was Pandrea Finance. Look up his videos about selling options and the wheel strategy . Also look up the subredits called coveredcalls and thetagang Because you have alot of capital now you can actually run the wheel on one of the indexes like SPY or QQQ which is generally safer vs doing it on individual stocks. you can open up a charles schwab brokerage account and use their thinkorswim web version to paper trade selling options. You can set the paper trade account to 75k in capital to run a simulation if you were using your real money. Honestly I would learn about it first. And paper trade it first . Even if you decide against its just good to be more knowledgeable about the way things work Or the best advice. Park that 75k in like VOO and chill

Affectionate_Run3921

A steppingstone for me that’s a great strategy in itself is to just shift your weight and stick with SPY. When there’s fear buy more and hold a little less cash. When there’s euphoria trim and raise cash. You can shift your weight, but still always be invested and outperform the average with the strategy. You have to have rules though. You’re not right 100% of the time. Not for everyone. And there’s absolutely nothing wrong with 100% SPY 100 percent of the time as long as you have enough cash to never have to sell during bad times.

financiallythriving

SPY +2% on Monday and I’ll order the (male) strippers for the next WSB meetup

verified-trader

**BanBet Lost** — /u/Long_Dong_Silver6 (1W - 2L, 33%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $743.13 → $735.00 | -1.1% | 1d | Lost |

Aggravating-Big3858

Thanks for sharing ... not here to hate on this fairly sensible strategy. I've essentially been 100% SPY for 25 years, and now that base is big enough that picking stocks and trying to outperform is relatively pointless. Of course I'd love to find the next MU and ride to the moon, but we all know that ain't happening. Buying MSFT or GOOG on a dip is basically just buying the SPY, so unless I start day trading biotech penny stocks I'm SOL

WordsHappenedHere

13% cash. Mostly ETFs. SPY RSP ROBO. Sold my AAPL before earnings. It was my largest single stock position. Hold a few individual names like IONQ, JOBY, PATH.

9yr0ld

There are tons of past cases where hedge funds have manipulated the market, they are certainly capable of doing so. Also, we aren’t talking about moving the entire market up or down — SPY has stayed flat for the most part. However, Leopold was over leveraged in many small stocks (NBIS, CRWV, etc) which can easily be moved.

Truck-Conscious

Of course you can’t get a fill for the same credit per equivalent stole distance… the idea is that when you widen the spread, your breakeven price improves quite a bit. To compensate, you can sell the short leg a bit closer to the money, while still maintaining the overall break even price, or even improving it. All while selling less total contracts (less commission, bid/ask differential, ect). SPX is highly liquid, so it isn’t much of an issue, but any other underlying (besides maybe SPY and QQQ) would not be tradeable the way you are doing so with such high volume and narrow spread. 

Delicious_Put_5857

wheres the SPY-200 guy i need an update on where we are on the $300 oil financial repression timeline

financiallythriving

Blow off top scheduled for Monday SPY +3% into a circuit breaker by close

DoU92

Beating SPY the past 5 years.

Allout-Okarun

Same, mag 7 all summer with some hints of SPY This account had 4k in May https://preview.redd.it/7t33wgahlrgh1.jpeg?width=1242&format=pjpg&auto=webp&s=911057f00043bb5194cb642fdd83e0564f8e3de6

Happy-n-Healthy

When the 30 year hits 6% what will SPY be @?

wee_dram

Oh how the tables have turned. Look at the beacon of democracy, bastion of freedom with their president taking a page out of the book of third world states. About the market: look at what Tel Aviv market did during the war, it ran hot, saw all time highs one after another. Up until march. They might do the same with SPY/DOW/QQQ. Greetings from a Banana Republic citizen. And, good luck deposing your puppet of Epstein class.

Brilliant_Tax_4009

I did very similar; started with $7500 in June 2025, made it to $115k by the end of Oct. and had no f'ing clue how to trade the downside properly and got stuck in several sticks that went 40-50% red and my account went from 115 back to 16k. Still up over my original 7500 so I'm not complaining. I found I do better when I focus on 1 or 2 stocks. I made all that money back in 2025 trading GLD. I'm on a comeback tour now and back to just over 50k since taking my losses and selling all my red stocks back in March. I should have held because EVERY ONE of rhem has since come back; but I was tires of looking at a red portfolio. Now I concentrate on SPY and TSLA. I study the levels and charts and take 0dte's on SPY and the nearest exp or spreads on TSLA. I do better focusing on 1 or 2 at a time. SPY is good for a $7-9 range everyday and TSLA is good for about a $10 range but occasionally makes HUGE moves worth thousands. 20 trades a day at an average of $30-50 playing the range and you make a nice little chunk by the end of the week.

MartianInvestor

SPY -2% on Monday and I’ll take a shit on this guy’s car and leave forever

financiallythriving

SPY +2% on Monday and I’ll take a shit on my boss’s car and leave forever

Dear_Effective9745

I see this comment quite a bit. My current strategy is SPY shares and chill. Then once I’ve accumulated 100 shares, I plan to sell covered call options on them daily. VOO options are weekly and less valuable, which for my long-term goal, eating the extra expense feels worth it for now especially because distribution still offsets the expense. Thoughts? I’m assuming OP is talking 0DTE option purchases, right?

CharlesElwoodYeager

What happens if the U.S announces a peace deal 4 minutes before close? Big dawg tweets with that company? Jensen Marvels it? Or like any flow based rebalancing. It's up a lot - if it has a lot of leveraged ETFs, they have to buy more into close, that's a flow-driven tick up that could easily exceed 0.5%. SPY moves more than 0.5% 5 minutes into close regard

BlackFlames01

Gamble carefully, my fellow regards 🙂: "The VIX Index is telling us that there are problems in the stock market." Source(s): https://www.mcoscillator.com/learning_center/weekly_chart/vix_with_alternate_bollinger_bands/ https://x.com/i/status/2082943110309626233 "We added a few names on the long side today, but also increased our $SPY short to overweight. We still think the major indexes could come under further pressure." Source: https://x.com/i/status/2082919651013533725 "Despite impressive averages, just 3 of 11 bull markets since 1949 exceeded today’s advance by a meaningful amount, underscoring the need for risk management in today’s setting." Source: https://x.com/i/status/2082418782094414013

Happy-Champion1661

I am like 90% confident the autistic regard being liquidated was the bottom. But there is still one question left: how miserable is mkt liquidity right now that it cannot even absorb a 40billion forced selling? tbf if he was levered 4:1, that's like 160B worth of shares. And he had positions concentrated in smaller volatile companies, so mmmaybe it makes sense. but it's still a bit weird. Anyway SPY new ath eow it's inevitable

asji4

Shorting SPY was a dumb move on my part. I would have made more shorting Nasdaq

dave___91

SPY saw your expiration date and said now seems like a good time.

teh_herper

If you held SPY from December 2017 till today you'd be up **182%**

Unfair-League-3204

Ain’t no way SPY hits $600 in the next 12 months. They just will not let this happen and will likely CUT rates in a scenario where the stock market falls that fast

tacobytes

I’ve been trying this with $SPY and every freaking time it moves the opposite way. It’s like I scare the shit out of it. One day I’ll be right though.

SpiderWil

U can just gamble on SPY/QQQ with extra steps at 9:30-9:35. It's far more precise and probable considering u can see the movements of all the holdings and compare that w/ SPY/QQQ at 9:30 AM. Very likely the movement will continue from 9:30 to 9:35. U get in with 5-10 contracts. Then make sure you finger-trigger the close button when the option hits your profit target then get out. Do the same thing for your losses. If you don't believe me, go look at the chart yourself.

OutlawPigeon

Were you trading SPY 0DTE?

BarbellPadawan

SPY probably

ApathysLastKiss_

Interesting that today the SPY opened pretty shitty today and closed higher, and the Qs opened amazing today and closed lower

Weekly_One8412

Man if QQQ pumped to 695 before dumping at close I’d be rich rn… Can’t believe they held it down while SPY took off

AlbertiApop2029

So, After-hours trading happens after the market bell until like 8pm. It's not run on the traditional markets. Most brokerages charge you extra commission to trade after hours and there are execution risks involved through the ECNs. Pre-market opens at 4:00 a.m. to 9:30 a.m before the bell. Tradeview has an option to see market data after and pre markets, but the data is not always good and it's often delayed. SPX and SPY are not the actual index but vehicles using the index. Many products mimic results similar to the index, but it's not always the actual index.

hftrobo9285

Time in the market > timing the market Positions: 10,000 SPY $800C 8/3

Neel_Crashkari

Holding GOOGL SPCX(bought yesterday) SPY 760 lottos for friday

financiallythriving

SPY 800c gonna print on Monday

ExplanationNormal339

Had my eye on [$SPY](https://aimytrade.io/ticker/spy?utm_source=reddit&utm_medium=comment&utm_campaign=SmallStreetBets&utm_term=SPY&utm_content=template_1785546437505_5fxqz8) lately. The volatility around it is really the whole story. Educational read for me, nothing.

Neel_Crashkari

Neptune is entertaining Uranus SPY 745

TheBlackBaron

SPY moves virtually identically to VOO. Day traders prefer it because of the much higher volume and options availability, not because it's more volatile.

vermilli21

I just need SPY to 0 or 1000 on Monday to retire

Rexultdis

When it comes to SPY and QQQ: 1+1=2, but 2-1=0

Jimz2018

Can we fuck off from this 740-755 SPY range already. Either direction I don’t care.

Weekly_One8412

Can’t believe QQQ didn’t pump with SPY

raisedeyebrow4891

So calls on SPY and QQQ? Because inflation goes up and money printer go bbrrrrrrrr

Technically_Tactical

CUDA isnt a moat anymore; there is literally NVDA-less dedicated open source. Also, 1.5% off the record highs for $SPY is a bottom?

vermilli21

# Guess SPY is going to 0 Monday Inshallah

financiallythriving

Peace deal on Sunday night and SPY is +2% premarket

Valkorion335786

Honestly I read CPI, PPI, PCE, GDP, and any other reports by just looking at SPY. Lmao

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $755.95 (above) | $741.13 | $744.53 | +2.0% | Aug 3, 11:03 PM |

verified-trader

**BanBet Created** ▼ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $737.13 (below) | $744.58 | -1.0% | Aug 5, 11:28 PM |

Jacobpapi

The SPY is not the only think you can buy buddy

sendmeanangelofthurs

SPY really drew the message for us

SpiderWil

From 9:30-9:39 I could tell u that SPY is downward and flat out today. U should have monitored this if u play with 0DTE. Heck, u shouldn't hold 0DTE for more than a couple minutes, let alone the whole day. Create your exit strategy, 10% profit is safe and reasonable. So if u see u made $30 from 1 contract ($300 ish per), get out, do not wait for it to go up any higher. Reverse syndrome got u just like it did this time.

Vlisa

SPY in the same holding pattern for weeks, and because we didn’t omega pump on high beta stocks for two days in a row, is the end of the world on monday

ThanksDependent1001

Ima need a side car circuit breaker on SPY in the near future.

ExplanationNormal339

Still tracking [$SPY](https://aimytrade.io/ticker/spy?utm_source=reddit&utm_medium=comment&utm_campaign=SmallStreetBets&utm_term=SPY&utm_content=template_1785539870628_gob5gw) here. The implied move is the first thing I look at. Curious what others are seeing.

UnbelievablyEvil

SPY

ThetaEdgeHQ

One thing nobody flagged: at 86 delta and that deep ITM, the LEAP is basically synthetic long SPY financed at a rate baked into the extrinsic you paid. So your real benchmark is not did SPY go up. It is did SPY go up more than that embedded financing rate plus the dividend you give up by not holding shares, which on SPY runs a bit over a percent a year. Across 14 months that carry is a real hurdle you pay whether the index moves or not. It does not make the trade bad, deep ITM LEAPS are a legit leveraged proxy for shares, but the number to actually watch is how the extrinsic bleeds off relative to that hurdle, not your 776 and 700 price stops. If SPY grinds sideways you can be right on direction and still lag simply holding shares, purely on carry. Worth knowing your breakeven versus stock, not just versus zero.

Mental-Revenue-4213

Allah grant free will to blow portfolio on 0DTE SPY option

financiallythriving

SPY ATH on Monday is pretty much guaranteed

orcassharks

Yeah too many cocky bulls here. They were all literally shitting their pants after the FOMC crash. And that was like 0.5% on SPY. Imagine a 10% SPY crash, they’ll all be liquidated.

bearhunter429

#SPY is scheduled to hit $800 next week LMAO🤌

financiallythriving

You have SPY options expiring next week

Hellmale

Bro, I have SPY $751 puts expiring on 8/4/2026😝

tmur319

Of course! 🙏 today was a great day for SPY. Closed above my resistance zone, filled BOTH gaps.. goal next week is to break $747.38 and keep trekking to the top of the big trend resistance!

JPowTheDayTrader

SPY 800 is actually not that far. Only 7% away.

financiallythriving

Imagine peace deal (for real this time) on Sunday and SPY opens at +3%

orcassharks

Damn my Monday expiring SPY puts at close wasn’t such a dumb idea.

Weekly_One8412

Woah that SPY close was weird

ted_cards

Bad for my SPY calls I’m guessing?

financiallythriving

SPY ATH on Monday I hope you are ready

Ok-Bet-3181

I’m currently holding CL calls and SPY puts. Upvote if you think this will be a winner on Monday

financiallythriving

SPY 760 on Monday

ChewbaccaIsBear

lol SPY almost 0.5% down from close, had to kill those puts first haha

unhappyreach_

SPY would have hit 755+ is evil ol MM didnt flush it first Shame on everyone here

Top-Meaning2626

Depends, SPY DOESN'T CARE, ONLY THE OWNERS WILL CARE

MartianInvestor

Oh fuck oh fuck oh fuck it feels so good to be right. War escalates tonight babbbyyy! SPY to the earths core and OXY to the fucking MOOOOOOOOOON

_Doomer_Wojack_

wtf SPY crashing after hours

Low_Plastic363

Will SPY like it?

Level_Counter3062

I've been tempted to buy in it seems due to outperform SPY near term but feel like I missed it

Flolife2

SPY 730 next week

WordsHappenedHere

I’ve been in 13% cash since SPY $760. Waiting patiently for that next 10% drawdown. Then load calls and a shit ton of shares

Novalll

SPY 760 next week.

Mods4Bers

SPY has become a bipolar wreck