SPY

OG_Tater

How about you start with $15, make 66 times your money and then 66 times your money again and make 66 times your money again and then 66 times your money again and you’d have $284 million. But don’t stop and do it again, make 66 times your money and you’d have over $18 billion. This is possible with the right timing on 0DTE SPY options, link in bio or comment “billions and billions method” below and buy my course for $10,000 or I accept Bitcoin, thank you.

GrossFleshSack

So when futes open tonight and yields are up even more because of yen situation and continued high oil, QQQ and SPY are going to dump right?

verified-trader

**BanBet Created** ▲ | **Record:** 0W - 1L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $800.00 (above) | $770.19 | +3.9% | Sep 21, 1:08 PM |

Odd_Albatross_5385

Bro you sound SO hateful its insane. And I dont want to lose 30% of my portfolio, thats why id rather buy GOOGL and AMZN instead of ANTH, while catching enough upside to satisfy me.  Im the one who spelled out with logic how your argument of big tech falling due to liquidity into ANTH is self defeating.  Im still not sure what argument exactly you have not so successfully managed to prove wrong. I know you won't spell it out for me,  because that will make you self defeat again because you lack the logic to back yourself up, whereas i dont. In when I state that I personally am ok with catching a nice fat 30% gain on big tech IF ANTH were to have a strong rally(say double!), thats just what I'd like to do with MY portfolio. If that were to happen, id be beating SPY by a fair amount, and I personally am happy with that. I suspect this is the argument that you think you have "proven wrong." However this isn't an argument, its just my personal choice as to how I want to set up MY portfolio.  The only actual argument I made was that your claim of "GOOGL and AMZN are going to tank because of liquidity into ANTH" being completely and utterly false. That was my ONLY argument.  I suspect you rarely ever got called out for bad arguments in your life. What a shame. Average 105 IQ thinks he smart because he bullshits his way through debates and hopes the other person gets too confused to point out the flaws. 

ap1618

Why do people report about ARKK, it's underperformed buy and hold SPY by a longshot

504Kris

So that’s why they have SPY has a bunch of $760 puts for 9/11.

verified-trader

**BanBet Lost** — /u/brute-forced (0W - 4L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $763.84 → $725.65 | -5.0% | 2w | Lost |

Wapmen

KOSPI is reflecting semis rally on Friday. But the overall index was down. Semis are now an inverse SPY.  So it doesn't matter much 

soulsoda

Glad the automod agrees you're absolutely regarded :) Regards like you blindly trusting AI shows we're fucked as a society. If it told you that humans can fly by flapping your wings, you'd believe that too? I'm just going to do returns over the last 6 and 10 years because i'm fucking lazy rather than arbitrarily cherry picking dates that would wildly swing things either way. 1/01/2020 - to date. SPY500 - 323.54 -> 772.01 (138%) SPY100 - 1448 -> 3849.38 (166%) SPY20 - 2219 -> 6891 (211%) SPY10 - 2460 -> 9199 (274%) 7246 principle. SPY500 ~10000 SPY100 - 12028 SPY20 - **15289** SPY10 - **19854.04** 10yr SPY500 - 13.48% annual -> 254% SPY100 - 14.75% annual -> 295% SPY20 - 17.2% annual -> 389% SPY10 - 21.01% annual -> 573% Assume we invest 3937$ SPY500 is now worth ~10k. SPY100 is now worth ~11,574 SPY20 is now worth ~ **15,354.3** SPY10 is now worth ~ **22,559** SPY 500 is not the same as 100/20/10. The risks and gains of exposure are dramatic especially when you're talking about peoples retirement accounts that hold 100,000s of dollars. SPY20|10 especially because they are even more highly concentrated in a handful of stocks that have made the largest gains (Nvidia, apple, microsoft etc)

bearhunter429

#I found unlimited money glitch. Buy SPY calls every time it dips. LMAO🤌⛹🏾⛹️⛹🏾‍♀️🧙‍♂️🔮

LaserGuy626

You can trade options on Robinhood for indexes right now and premarket. XSP (SPY) and XND (QQQ)

KittyLover-7

“Sources tell me SPY is stable, please god”

arbitraryBlue

Rest now, SPY. We have the watch, and we'll see you on Tuesday

niwmo

SPY over QQQ any day!

SuperBrazilNuts

mArKeT ReACtS vIoLenTLy tO rAtE hiKe PoTEnTiaL SPY dOwN 0.25%

SuperBrazilNuts

big moves indeed. i love articles they are like "sToCk sOaReD ToDaY" it's up like 6% or less. Or "teRriBLe DaY foR tHe mARkeTs SURGE in SeLLinG on SPY" and SPY is like down half a percent

SuperBrazilNuts

They need to come up with a Boomer ETF that pays like 200x gains without doing anything and it's subsidized by all the crappy younger stocks in SPY and QQQ

BriackYOLO

Sir, I already trade SPY 0DTE. There is a reason I don’t post those losses. WSB has standards. I don’t want to be banned

Waygzh

I don't really have time to research and explain why you're wrong, but Gemini does. "Tech Sector Exposure Breakdown Information Technology (IT) sector weights across S&P indexes align closely with the quoted estimates when tracking standard mega-cap metrics: * S&P 500 (SPY): The IT sector currently accounts for roughly 30–32% of the broad index. * S&P 100 (OEF): The top 100 mega-cap stocks hold an IT weight of approximately 44–45% (driven by heavy concentrations in semiconductors, software, and hardware). * Top 10 S&P 500 Holdings: The top 10 largest companies make up ~38% of the total S&P 500 market cap. Within that top 10 bucket alone, pure IT companies (Nvidia, Apple, Microsoft, Broadcom, etc.) account for ~24% of the S&P 500's total weight. The internal concentration of tech within just the top 10 holdings is therefore 24 / 38 = 63.1%, making the ~65% claim highly accurate. Exposure Math Verification Comparing the S&P 100 (45% tech) to the S&P 500 (30% tech) yields a ratio of 45 / 30 = 1.5. An investor in the S&P 100 is exactly 50% more exposed to the Information Technology sector than a broad S&P 500 investor. Historical Performance & Profit Verification (August 2020 – August 2026) To test the profit claim, we must evaluate the actual 6-year total returns (adjusted for dividends) of the S&P 500 against its mega-cap counterparts: * S&P 500 (SPY): Grew from roughly $321 to $767, representing a cumulative return of ~138%. * S&P 100 (OEF): The primary ETF for the top 100 stocks closely tracks mega-cap performance. Its cumulative return over the exact same period is roughly ~145%. * Nasdaq 100 (QQQ): Often used as a highly concentrated tech benchmark, it grew from ~$284 to ~$716, yielding a cumulative return of ~152%. To make exactly $10,000 in profit on a 138% return (SPY), an investor would have started with an initial principal of roughly $7,246 ($10,000 / 1.38). Applying that exact same $7,246 principal to the top-heavy indexes over the same six years yields the following: | Index | 6-Year Return | Profit on $7,246 Initial Investment | |---|---|---| | S&P 500 (SPY) | 138% | $10,000 | | S&P 100 (OEF) | 145% | $10,506 | | Nasdaq 100 (QQQ) | 152% | $11,013 | To generate $15,000 to $20,000 in profit from that same initial investment, a mega-cap index would have needed a 6-year cumulative return between 207% and 276%. While a pure Information Technology sector ETF (like XLK) achieved returns in that range, blended top-heavy portfolios did not. The remaining 35–55% of non-tech holdings in those top-tier indexes diluted the tech sector's hyper-growth. Final Verdict The quote is half-true. The foundational premise regarding the sector weights and the 50% relative increase in tech exposure is highly accurate. However, the conclusion regarding historical profit is mathematically flawed. The author falsely assumed that having 50% more tech exposure automatically translates to making 50% to 100% more total portfolio profit, severely exaggerating the actual historical outperformance of mega-cap indexes compared to the S&P 500." Despite the tech exposure (and risk) the outperformance isn't nearly as dramatic as you claim.

commit10

That's our goal?! I thought we were supposed to throw our money at SPY while watching our wife fuck her boyfriend from the closet while wearing our best Spiderman shirt? I got this so, so wrong...

Alpha_Who

Will my SPY calls print?

music_is_gud

In Thanos voice: *all this for a drop of blood (on SPY)?*

verified-trader

**BanBet Lost** — /u/arthriticpug (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $772.98 → $800.00 | +3.5% | 4w 2d | Lost |

financiallythriving

SPY is 785 in Tehran Exchange

soulsoda

Not true. SPY10|20|100 are all significantly more exposed to the tech sector than SPY500. SPY10 is like 65% tech Then ~55% tech(SPY20) then 45% tech(SPY100). SPY500 is like ~30% tech. Which is why if you had invested in SPY10/20/100 in the last 6 years you'd have 1.5x-2x times more cash than SPY500 investors over the same time period. Which is not negligible.

Embarrassed-Pay-8881

Calls based only on SPY PE and you wonder why retail loses money on avg 🤣

Waygzh

I've heard the difference between the SPY20, SPY100, SPY500 and the total stock market is essentially negligible due to the immense weight of the top 20 stocks market cap. I don't really care to even compare but I trust that with no verification.

hedgedvol

The 53-trade TSLA/AMD/META/NFLX put basket and 61-trade NFLX/META/GOOG book make the loss print tangible. One missed comparator: max adverse excursion versus the 8-trade SPY/AAPL/NVDA/TSLA call book, because aggregate P/L otherwise blends position sizing with signal quality.

Delicious_Put_5857

idk what 770 is. SPY ATH?

The_Alan_Greenspan

SPY flat af tomorrow.

asji4

Dead Super AI overlords, if you are reading this, all I want is my bank account made whole after losing $20k on SPY puts this year. Thank you.

Creamed_Dreamer

All im hoping for is a stupid taco that gives SPY a +1% bump by tuesday close.

GurHot8359

i think QQQ might reach 780 before SPY at this point :feetswing:

Radiant-Scene-5171

SPY 780 rn in overnight markets 🤯🤯

LeftBullTesty

SPY $785 by Thursday. I’m telling you, if you’re holding puts you’re fucked

Happy-Champion1661

***January 2027.*** *OpenAI rumors of serious liquidity problems start spreading*. The market initially shrugs it off, then SPY and QQQ finish the week 7% lower. People start asking how much debt is actually sitting behind the AI boom, and nobody seems to have a complete answer. The next week OpenAI goes bust. Investors stop putting money in, lenders refuse to extend more credit, and massive losses are discovered. The company cannot refinance and the whole thing collapses. Anthropic shares get hit immediately. Investors realize that if OpenAI couldn't make the economics work, maybe nobody can. Anthropic drops 25% the next day. The entire AI private-credit complex starts getting repriced. ORCL shares fall 30%. The chip and memory manufacturers also fall 25-30%. Then people start looking at the OpenAI contracts. A huge amount of AI spending was based on future growth, future capacity and future contracts. Some of those contracts suddenly aren't worth what investors thought they were worth. Some disappear completely. Bag 7 earnings estimates get cut. **SPCX will not hit 40T revenue by next year.** Stocks fall again SPY drops 11% in one day. QQQ experiences its worst daily drop in history, -20%. Multiple circuit breakers get activated every day. The US is now the new Korea. The market is in full panic. *Then the first private-credit reports start coming out.* Loans that were supposedly worth par are suddenly being marked down. Software companies are struggling to refinance. Data-center projects are being delayed. AI infrastructure borrowers are missing targets. Private-credit funds are admitting that some of their loans were much riskier than the market understood. Investors try to get their money out. But they can't. Redemption requests explode. Funds already started imposing limits in 2026. Then people discover how interconnected the system actually is. Pension funds, insurance companies and other institutional investors have been buying huge amounts of private debt because they needed yield. Some of the debt financing the AI buildout ended up sitting indirectly inside pension portfolios, insurance balance sheets and long-duration investment vehicles. The problem isn't just that an AI company goes bankrupt. The problem is that the debt doesn't disappear. It gets transferred onto someone else's balance sheet. A pension fund announces that several large private-credit positions have been written down by 30%. Another fund reports a 40% loss on a portfolio of AI-related loans. An insurance company says its capital position has deteriorated. Then another one. Suddenly the market realizes that the AI bubble isn't just an equity bubble. **It's a credit bubble.** And the credit is sitting inside institutions that people assumed were safe. Pension funds begin selling liquid assets to meet their obligations. Insurance companies stop buying risk. Private-credit funds stop making new loans. Banks pull back credit lines. The market falls another 18%. QQQ is now down more than 45% from its high. SPY is down 30%. NVDA is down 35%. The government announces that it is monitoring the situation. Rumors spread that a rescue package is being prepared. Stocks rally 6% on the news. Then the details come out. The government isn't actually willing to guarantee everything. They just can't. The private-credit losses are too large. The pension losses are too large. The insurance losses are too large. The rescue deal collapses. OpenAI is officially declared bankrupt. The market completely loses confidence. QQQ falls another 15%. SPY falls another 9%. NVDA is now down 69%. The market starts pricing in a full-scale AI capex collapse. Companies cancel data centers. All that off-balance sheet debt from META is about to explode. Cloud providers cut spending. Chip orders are cancelled. Construction projects are stopped. Power contracts are renegotiated. Thousands of companies that were depending on AI infrastructure spending suddenly don't have customers anymore. Then the economy starts showing up in the numbers. Hiring collapses. Job losses accelerate. Consumer spending falls. Retail sales weaken. Business fail. The market had spent years assuming that the AI boom was going to create enormous productivity gains. But what if the economy was much weaker underneath all of this? They go back through the growth numbers. They look at corporate investment. They look at data-center construction. They look at semiconductor spending. They look at cloud infrastructure. And they realize how much economic activity was connected to the AI capex cycle. But the capex is gone. Companies are cutting it. QQQ falls below -70%. SPY is now down 47%. NVDA is down more than 80%. The Fed says the financial system is resilient. Officials say the situation is contained. Markets rally again. Then the economic data gets worse. Unemployment jumps. Hiring freezes spread. Consumer spending collapses. Credit-card delinquencies rise. Advertising budgets are slashed. Companies stop spending because nobody knows what demand will look like six months from now. Google and Meta get hit particularly hard. Advertisers don't just move their budgets around anymore. They cut them. Google's revenue projections for next year are cut 35%. Meta's are cut 40%. Their stocks fall another 20%. Then the oil shock arrives. Turns out the Eye-ran war has caused far more damage to global energy supply than anyone expected. Strategic reserves are being drained. Production can't be restored quickly enough. Oil goes to $150. Then $170. Inflation starts rising again. Now the Fed has a nightmare. The economy is collapsing, Unemployment is rising, Markets are crashing. But inflation is accelerating. They can't simply cut rates to zero and flood the system with money without risking another inflation wave. Then the insurance problem gets worse. Insurers are sitting on long-duration assets that were supposed to generate stable returns. Some of those assets are now private loans to companies whose business models depended on the AI boom. The marks keep falling. Capital ratios deteriorate. Some insurers need emergency capital. Pension funds have the same problem. The government announces that it will guarantee several large pension and insurance institutions. The rescue is enormous. Hundreds of billions. Maybe trillions. The best the world has ever seen, nobody does it better! **A big beautiful rescue!** The market realizes that the government isn't just rescuing companies anymore. It's rescuing the financial system behind the AI boom. That becomes the moment when the crisis changes character. This is no longer an AI crash. It is a financial crisis. Oracle announces a massive restructuring. Its debt has become impossible to refinance on normal terms. The company receives emergency financing, but the financing comes with brutal conditions. Eventually Microsoft acquires Oracle for effectively pennies on the dollar. The company that was once one of the biggest beneficiaries of the AI infrastructure boom becomes one of its biggest casualties. Then the private-credit losses spread outside technology. Manufacturing. Commercial real estate. Software. Data centers. Energy infrastructure. Everything that was financed on the assumption of permanently high growth starts getting marked down. The pension funds are underwater. The insurers are underwater. Private-credit funds are frozen. Banks are tightening lending. Consumers are scared. Companies aren't investing. Spending is collapsing. Oil is at record highs. Inflation is rising. Unemployment is rising. And the stock market is still falling. And the question on everyone's mind is no longer: "How much was the AI bubble worth?" It's: "**How much of the financial system was built on the assumption that the AI bubble would keep growing**?" Because now everyone is discovering the same thing at the same time. The AI debt wasn't just held by AI companies. It was held by private-credit funds. Private-credit funds were owned by institutional investors. And those institutions were ultimately responsible for people's retirement and insurance obligations. The losses had moved through the system. Nobody knew exactly where they would stop. And for the first time, the market starts seriously asking whether the government can actually rescue everyone. The Fed says it will provide liquidity. The Treasury says the banking system is sound. Officials say the crisis is contained. But stocks don't believe them. And the selloff continues. Finally, when the situation stabilizes, Sburry has become the first multi-trillionaire in the history.

I_know_nothing_42

I'll tell you right now. It is better to sell a single naked put vs 10 credit spreads. You are only just magnifying your risks doing credit spreads. There is a reason why most credit spreads pay a higher return vs naked option on a capital required basis. It has more risk in it's structure. You don't need to know the undelaying's to the umpteenth detail like you would for buy and hold. A Lot of those variables can be considered constants while between quarterly earnings. It's the advantage of short term option selling. It's what affords the underlying indifference. Your main risk is market affecting news events, or unscheduled news on the underlying. The big things is not to fall into yield reach traps. Selling in high retail action stocks. The goal is to get paid for the risk your taking on. Take your estimated ROC and compare it to SPY or QQQ for the same delta and time. Look at the underlying risk of similar companies. This will save you pain. Popular high demand stock have lower ROC due to more demand the yield is depressed. Stocks where brokers require higher margin lower your ROC, so walk away. The ROC of the option itself will tell you more about the risk. SPY return 3%, you underlying your looking at is 20%. You have a problem. There is a reason why it is high even if you don't know why.

PeteyPab305

Small cap/"penny" stocks are gambles your better of making planned contributions to broad market funds, and letting that compound over time. Chasing moonshots is something everyone goes through when getting into investing, but honestly the due diligence it takes to get into a low priced stock with that potential requires so much knowledge that if done properly your better trading futures or options on larger cap stocks if your able to understand those metrics. You cannot just say be A, B, or C, and get that kind of return. Sorry i'm not trying to be negative, just IMO from my own experience in investing for 10+ years and a YOY ROI of 30-40% I don't invest in small-mid caps that are moonshots. Hope you can find something like VOO, SPY, or QQQ that you make contributions to regularly and see what you want out of the market. Basically betting on the US economy and letting your contributions compound over time! Good luck brother!

Radiant-Scene-5171

Is SPY red or green today

lightjon

So where is the "simple arithmetic" mentioned in this thread? Because OP is a regarded naval gazer I will share some free tools to look at options pricing. Finviz Options tab will show you Volatility and Greeks [https://finviz.com/stock?t=SPY&p=d&ty=ocv&e=2026-09-08&o=-link%7C-link](https://finviz.com/stock?t=SPY&p=d&ty=ocv&e=2026-09-08&o=-link%7C-link) MarketChameleon has a simple look at daily IV and 1yr historical IV [https://marketchameleon.com/Overview/SPY](https://marketchameleon.com/Overview/SPY) [OptionCharts.io](http://OptionCharts.io) has a good view of volume by strike price and put/call ratio. [https://marketchameleon.com/Overview/SPY](https://marketchameleon.com/Overview/SPY) Robinhood Legend has historical price data on each option by strike.

DeltaNeutraltrading

Directional trades have higher risk than income strategies. I prefer the latter and have Delta in control. Search for SPX Best and SPY Ride strategies. Good ones worth to know in your arsenal.

ketralnis

This isn't hard to check yourself https://finance.yahoo.com/quote/SPY/chart/ Why would you believe what random redditors say?

Radiant-Scene-5171

Is SPY up or down now

ballzstreetwets

I just have a feeling that this SPY thing will moon on Tuesday. Everything points to a drop so calls it is.

Ill_Bill6122

Important aspect: the product indifference mantra is paired with diversifying in uncorrelated assets, or uncorrelated trades and most importantly, bet sizing. This is a portfolio construction topic. If you're short a put in SPY, MES, and XSP at the same delta and expiration, you're doing the same exact trade, regardless of using different products. If you have a gold strangle, one on SPY, on in ZB, a put ratio in NG (LNE option series cause cash settled), you have uncorrelated trades, where you can actually say you make good use of product indifference, cause you are also trading FOP not just options on stocks. The bet sizing topic plays another important role here. Smaller trades allow you ideally to spread your risk better over uncorrelated trades. Your goal here in would be to reduce your volatility drag at a portfolio level. Put in other words, a large percentage drawdown requires a much higher percentage gain, in order to recover from the drawdown.

Radiant-Scene-5171

SPY up or down now?

Mung_Daddy

I don't know who old you are, so this advice might be moot, but still having 100k in assets put you far ahead of the majority of folks, put that into a safe CD or maybe just VOO/SPY and just let it ride, and you'll still be far ahead regardless of your mistakes, which hopefully you are learning from.

MerryRunaround

You have already identified many of the best criteria to rely on. Continue what you are doing but make sure to keep an eye on portfolio level positioning. Keep individual trades small. Never overload on correlated tickers. Work towards a delta neutral portfolio (find some CCSs). Do some basic technical analysis to identify the trend regime and basic support/resistance before selecting a strike. Dig deeply into your trades before you place them to get handle annualized returns and expected value. If you want to trade successfully long term, all of these boring bits of business planning will be more important than being a great trade picker. It's about discipline. And, btw, you actually do not necessarily need to hassle with individual tickers and all their quirks. You can get a lot done using the liquid ETFs like SPY, QQQ, IWM, GLD, the larger sector funds, and the indices like SPX or XSP. These may not be sexy but sexy is not really the point, imo.

Merouxsis

I actually haven't looked too closely between the differences of SPY and VOO, but I'll take a closer look, I thought they both tracked the S&P 500 but SPY had more liquidity. I will look into VT as well, thank!

SwordfishLopsided

Hated XSP, the spread would eat into any fee and penny wide market of SPY. You either go ES / SPX for size, or SPY for instant execution and tight market. Until XSP can match SPY in its liquidity, they are not even comparable, especially if you trade often.

Radiant-Scene-5171

Is SPY green or red now

naturelovaaa

SPY +2% after CPI possible?

Loose_Hornet4126

I want doing some quant number crunching this weekend and noticed for the past 5+ years SPY/overall market consistently rises. Has anyone tried buying SPY 1 year long dated calls and sold for profit? This IS a financial hack advice

LeftBullTesty

!banbet SPY $785 3d

Juhkwan97

that's interesting, will have to look at it more. Actually, bwf have gotten to be my most common daytrade. There are lots of different variations. You can enter them near the close @ 1dte to make a 0dte ORB play. If you expect a flat market, you can set the front strike very close to atm and go (SPX) $10/$5 or $15/$10 for a pretty cheap ticket. If there is a lot of call skew, you can put the call flys in a correlated name to try to avoid it. I regularly do pairs trades with highly correlated or un-correlated names. For instance, I might do an ORB set up with RUT $10/$5 puts entered near the close on 1dte, and a similar trade with IWM in the calls. I'll scale down the IWM calls if I am leaning bearish., but I will try to make the smaller trade at least capable of covering the debit of the larger one. I do the same thing with NDX/QQQ, SPX/SPY, etc.

verified-trader

**BanBet Lost** — /u/nverloseinstocks (2W - 2L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $773.17 → $769.00 | -0.5% | 2d | Lost |

Ok_Butterfly2410

You need to be selling PCS on SPX, not SPY. Don’t listen to Tom Sosnoff…. Tastytrade is dead… Warsh axed the Fed Put. TastyTrade og strat relied on the Fed Put, that’s why they completely have rebranded since Warsh came in as Fed.

verified-trader

**BanBet Lost** — /u/UnfairAnalysis3091 (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $769.35 → $695.00 | -9.7% | 1w | Lost |

FlowMonkeyHQ

fair point on universe, so i reran it on just the 100 names with the most option volume on our own tape (SPY QQQ NVDA TSLA META etc — 86 had enough history). same result, still perfectly monotone: tightest decile median 5d move 3.4%, loudest 5.1%, and P(>=5% move) climbs 31% -> 51% straight through the deciles. quiet-stays-quiet is strongest exactly in the liquid names. agree with you on execution though — the study is about the underlying's range; whether the chain is tradable enough to express it is its own filter

Effective-Meeting172

Monday morning, first thing SPY ODTE. Let go

ThrockmortenMD

ULTY - really, really bad holding to own. I’d be willing to sell calls on it, but not covered calls. Wouldn’t touch shares at all. SPY - no reason to sell CSPs when XSP and SPX exist. Forfeiting huge tax advantages that you’ll kick yourself for once you do the math. SWVXX - fine but I prefer more mega cap tech exposure personally.

BagholderForLyfe

Maybe. I sold and re-bought NBIS several times on Friday because SPY was dumping but NBIS was so bullish. I think it's going to moon when markets open.

Empty-Cartoonist5075

Thank you for that information. I would like to give you some more information and ask you your comments. It would be a very interesting study with real numbers. On May 9, 2025, I was assigned 100 shares SPY at $565.36. As of today, it has increased 36.23%, a total of $20,483.33 with a market value of $77,019.00. Additionally I’ve received a dividend which is worth today about $46 and the original premium was about $2.15 per share. Do you feel you’ve done better with one csp contract? Have you earned the approx $20,500 in the same time frame from premium? I’m really interested to learn what you think.

verified-trader

**BanBet Lost** — /u/cutmylifeintopcs (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $772.64 → $765.00 | -1.0% | 2d | Lost |

stphrtgl43

Just stop. You’re on tilt as they say in poker and it’s no way to trade. I personally lost $50k and thought the only way to get over it was to make it back. Then lost another $50k before I just stopped. After not doing any trading for a while I started putting money into SPY and couldn’t be happier. I’ve made it all back and then some and my stress level is about 1% what it used to be.

scotty9090

XSP is the micro index, not an ETF. It’s 1/10 the size of an SPX contract, so equivalent in notional value to SPY and benefits from 1256 tax treatment. Also cash settled like SPX is.

jsie-iaiqhsi816278

holy heck guys this chinese company Evergrande is apparently gonna destroy the whole economy i have updated my SPY 1000 price target from EOY to EOY 2027 as a result yon win this time bears

Super-Activity-4675

If you're curious, I went back and looked at the quarterly rebalance for the SPY, DOW, and QQQ for the last year. Tickers that get added typically gain about 10-20% in that two week period after the announcement, with the biggest gains obviously being the first couple trading days after the announcement. There wasn't a pop after they were officially a part of their index, which tells me that the forced buying for index tracking funds started Friday. The other thing is with all the tech added, the SPY is ridiculously tech heavy now.

SignificanceLate7002

🥭 signed an executive order to remove endangered species protection for grey wolves. That should solve the multiple wars and debt problem. SPY to open at 1000 Tuesday

Enotovsky

I have a habit of buying cheap Monday SPY puts on Fri late afternoon. They are not always getting in the money, but if they do - it's always because of another warmongering and they get like 500%

IvetteMccoy

Not boring at all tbh. If you’ve been doing this for 2 years and it’s genuinely become a 2 minute daily routine, that’s probably a good thing. The only thing I’d be careful with is the 0DTE puts. The 90% of days where they expire worthless are easy, it’s the 10% where SPY moves hard that matter. Rolling them keeps the position alive, but doesn’t really remove the risk. I’d be curious to see your biggest drawdown during those 2 years. That would probably tell me more than the daily premium numbers.

ceberus302

Actually; u did it once you can do it again. Except this time roll big wins into $20k positions like $spy or $qqq so that you do risk too much BP; if u lose everything again at least you have $100k recently invested in $SPY outpacing inflation. 9months you called it a slow grind - let’s see a fast grind! u got this!

Free_Shirt_7487

Stop gambling and just and hold SPY

E231iKN

yep, i was expecting penny picking comments even if i got margin called on 4 worthless SPY orders currently at about $300k, i can pay that and walk away. it's not going to blow up my portfolio i've made almost that much in 2 years. not something i want to commit too much time to (other than the 2 learning points above)

Independent-Tree-985

Its too early to call a gap down wake me up when there are hunger riots and we'll have a serious talk about SPY 750

eguilesjr

That's fair and I appreciate your reply. — best wishes in rebalancing SPY concentration risk. It's the kind of thing that's easy to not notice until you go looking for it, been there, done that.

E231iKN

AI-esque response, but great catch on point #2. I'm also holding a borderlining overdiversified portfolio. But I'm still going to look carefully into rebalancing around SPY.

E231iKN

critique. current takeways for me: 1) look into futures 2) rearrange other holdings to counteract SPY dip

eguilesjr

Excellent execution discipline — the "no emotion, just do the task" mindset is genuinely the hard part most people fail at. A few things worth pressure-testing, though, because they're the kind of risk that doesn't show up in a 2-year track record until it does. **On ULTY:** worth separating "recouping my investment" from what's actually happening to your capital. The most recent distribution is classified 100% return of capital — meaning that payment isn't yield, it's your own principal being handed back to you while NAV shrinks by the same amount. ULTY's NAV is down roughly 79% since inception, and its trailing one-year total return (price + all distributions) is -4.86% — negative, despite the huge headline yield. The reverse split wasn't a footnote; it's the mechanism funds like this use when NAV decay gets bad enough that the share price needs resetting to look normal again. Worth checking total return on your actual position (not distributions received vs. cost basis) before calling this "on track" — the two can tell very different stories. **On the 0DTE SPY CSPs:** the "always roll, nothing gets assigned" pattern works right up until a genuine gap-down day, where rolling a deep-ITM short put doesn't eliminate the loss, it just pushes a bigger position further out. Two years without testing this through a real SPY correction is a real limitation on what the track record actually proves — a 90% win rate on short-dated puts is exactly the shape a strategy takes right before a tail event, not evidence the tail risk isn't there. **On using SPY shares as collateral for SPY put-selling specifically:** that's correlated exposure, not diversified. A sharp SPY drop hits your collateral value and moves your short puts against you at the same time — the two aren't independent risks, they compound in exactly the scenario you'd most want them not to. None of this means the strategy is bad — just that "boring and no emotion" and "the risk isn't there" aren't the same claim, and the parts of this that would show the risk (a real correction, ULTY's total return over its full life) haven't happened yet in your sample.

E231iKN

Absolutely. But I've planned for that. Even if SPY got delisted, I'm just playing with house money at this point. I don't invest anything I can't afford to lose. But I think if SPY got to that point, we have bigger problems.

E231iKN

Yes, I saw that as well. insert - "Why not just buy SPY?" meme. Absolutely true. I hold SPY shares, and use it as collateral to sell puts.

verified-trader

**BanBet Lost** — /u/Unlikely-Oil-6434 (2W - 2L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $770.52 → $767.00 | -0.5% | 2d | Lost |

jcpopm

It is genuinely hilarious for me to see my GLD, CVX, and SPY continue to move up together.

throwaway3259348

I would suggest a couple adjustments on the SPY CSP’s: 1) Use SPX or ES futures as underlying. This gets you 1256 tax treatment (60% LT / 40% ST). Immediately boosts after tax return and reduces fee drag due to larger size. 2) Consider writing spreads instead of CSP’s. This makes it a defined risk trade. Selling options can be boring until one day your portfolio goes up in flames. It will feel like you’re throwing money away on the hedge most of the time and then some day it will save you. It also can give you more options when managing risk / rolling. Also, it’s more margin efficient.

E231iKN

Thanks for your reply. Here's your answer: I don't look at any greek; I just sell OTM 0dte SPY puts one or 2 strike prices below the money line. What do you think?

dljmonkeyboiz

Also SPY 800 on Monday

No-Improvement3164

Septembear means SPY will only be up 2% instead of 4%

Both-Watercress-6811

What are you holding over the weekend? I got SPY calls lol

Any_Influence_8305

They say your money doubles every seven years in the market. Why wouldn't they just use a 7x leveraged SPY ETF, are they stupid??

Odd_Albatross_5385

The premise of my statement was that SPY goes up 40% more during Trump's presidency. I'm saying that would be good. Ur response is responding to nothing.  The logical ability of Trump haters. Prove me wrong with logic you 95 iq degenerate. 

verified-trader

**BanBet Lost** — /u/Katieblahblahbloo (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $773.81 → $768.00 | -0.8% | 1d | Lost |

Awkward-Mongoose-809

Just a few weeks ago we had 2 days in a row where SPY wenty up around 2%. So there is a chance.

Lootoholic

lol in this sub people blow 10k in a day and call it just another Tuesday. You can't go wrong with the ETF investment. Take it easy on those "principles" and invest in QQQ, SPY, VOO, VTI; I personally don't like healthcare specific ETF, but there is nothing wrong with that choice either. Gold has historically underperformed the stock market. So keep that in mind. Gold return has been about 5% annually in the last 100 years versus 10% for s&p. Having said that, maybe the next 5 years gold outperforms, who knows. I personally never invest in gold. congrats for investing, and good luck on your investment journey.

RockasaurusRex

SPY 801

Nictel

770 -> 800 is a 3.9% increase. According to AI there have been 13 times SPY has increased 4% or more over a four day week. However these were mostly around strong recovery periods after major downsides (housing crisis, covid, etc.) On average SPY increases .4%. So realistically it won't happen.

RockasaurusRex

SPY 911 on 9/11

Alpha_Who

SPY 780 next week?

User96198820

Down 63k on SPY short. Dont even ask

bearhunter429

#Individual stocks may drop, dump or even die but indices like SPY and QQQ will NEVER drop ever again LMAO🤌

IsaacVu404

Which one u talkin about? SPY 560p 0dte?