SPY

mensch7

Shades of Covid era SPY 190P gang!

Big_Eye_3908

Don’t put it in spy because if the stocks crash enough that they all get assigned in a black swan event, then SPY will be crashing along with it. You’ll end up getting assigned $200k in stocks against $80, $70 or $60k of cash collateral, sweating that the rest of your portfolio keeps you above water enough that you don’t get liquidated, but that will be down as well. Keep your cash in a money market or SGOV - short term treasuries, which pays a decent monthly yield. Your scenario appears to take on a bit less risk on the surface, but in reality you are more than doubling the risk to your portfolio in the case of an adverse event, which will happen eventually. Risk management is all about getting through to the other side without being wiped out. Always think about the bad thing happening. If the market falls 20, 30, , 40%, what would happen in your scenario? Having said that, choosing great stocks, selling puts at 1.5-.2 delta, and using margin to sell additional puts for another 20% - 20k, while the cash is in SGOV earning around 4% should probably be ok. I’ve done it in the past but began unwinding that leverage this summer when we hit all time highs. I now have a nice pile of cash and only sell puts at strikes where I know that I will want to back up the truck. The only time that I’ve been using margin these days is when I see a screaming buy opportunity. Personally, I’m waiting to see how January goes. There could be a pullback with people taking their large gains after the first of the year. If we have a more significant Santa clause rally I’ll probably sell into it with some of my stocks and look for opportunities to buy back in later.

Good_Ride_2508

Even though Berkshire does not have any real match, Check QQQ vs BRK/B after 10 years (or even 20 years) and let me know. Last 20 years, BRK.B is 604% vs SPY 616% (dividend reinvested). For the same period QQQ is 14%-16% YOY vs SPY 9%-10% Hence, my real choice is QQQ Before writing this, I knew I will get down voted, but my choice is QQQ. RemindMe! 10 years RemindMe! 20 years

retarded-salami

SPY put at open at whatever strike you can afford with your 50$

Own-Wolverine-5361

GDP moves bonds first Bonds move yields Yields move stocks QQQ is the most sensitive SPY is more balanced Wife's bf moves in

lysergalien

Apparently it's a shitcoin. But it could also be spiderman -> Spyder -> SPY

teh_herper

It's almost premarket now SPY, it's ok to pump

knwnasrob

Please Santa. Give us a Christmas miracle and go to SPY 690 tomorrow

Iron-condor-6050

What’s up with 🌽 bruhs? Go ahead and die, just don’t fck with my SPY. Nah mean.

DopeAnon

As someone who has consistently been on the wrong side of SPY calls this year, I felt this hahaha

redhill_qik

So ETFs then, so you aren't gambling on options.  VOO and SPY are the same, just managed by different companies, then you have DIA (Dow Jones), XIL (industrial sector) and XIK (technology sector).

Sir_Grindalot

Uh ok, SPY futes PLUMMETING (-0.01%). Not looking good, guys

Ok_Cry7572

VIX near 14. Here’s a Santa Rally killer: Since Jan 2023, RSI 9 on the $VVIX has been lower only 2 other times Jan 9th 2024 and Mar 24th 2025. The former, $SPY closed the week flat, the latter obviously no explanation needed. Everytime RSI was 30-32 or lower, we’ve seen flat to down soon after

Boston-Bets

Thanks for the info. Interesting to know, since I've never done SPY/QQQ calls. What strike were those calls at? and you do know that $334k is a drop in the bucket, when it comes to SPY, right?

Ok_Cry7572

You have till 15 mins after close to buy or sell SPY/QQQ calls

Ok_Cry7572

Someone grabbed $SPY 2DTE calls after market close for $334K What they know🤔

memelackey

*A SPY Went By* By Mike McClintock

Internal_Field5970

Tossing entire powerball into SPY if I land it 

Jeffoxy

SPY calls or powerball ticket 🧐

Altruistic-Room2683

pu$$y. 0DTE SPY Puts with the 373K u got left

Sir_Grindalot

Tuesday 23rd of December; folks will need money for last minute Christmas gifts and hookers, SPY will end the day slightly red Friday 26th of December; after opening Christmas gifts, receiving some cash and getting refunds for unwanted gifts, there will be a Friday pump of destiny to ATH, calls be printing Monday 29th of December; from this day and for a few days there will tax loss harvesting dumperino time Early January there will probably be some turdy swan event to screw us all.

severed02

SPY futes down 0.01%. Ber celebrating like it’s NYE

dumbest-bastard

Get rich or SPY tryin'

Sir_Grindalot

The April giga dump followed by the giga rally made many people believe that on any day could (semi)randomly go up or down 60 points so they could buy far OTM options and make a ton of money. For them a Santa Rally that doesn't go from 682 to 705 within thirty minutes right after open is cringe, as they look as theta eating away their SPY 0dte options that are 50$ out the money while they furiously start complaining about manipulation.

Random_individual_6

!banbet SPY 695 1d

Iunatic

Space stocks are multibaggers this year. How are you losing to SPY?

Capital-Resident-131

Throw it all into SPY calls 2 weeks out and pray to the tendie gods Or you know, boring stuff like QQQ/VOO if you actually want to keep that money lmao

Current-Machine-2226

Whats the quickest way to double $750 ? SPY ODTE ORB 15 MIN 10% SL 20% TP ?

Sir_Grindalot

All I'm asking this Christmas is +2% SPY & -5% Carvana

Plenter

$SPY

financiallythriving

SPY +1% tomorrow and I quit options forever

downtofinance

0dte SPY Puts, full port... not a scammer, promise :)

Togocharlie_451233

Buy SPY puts at the end of February with end of march expiration you can easily make 300% profit. We will see some weakness at the end of February

financiallythriving

Will suck dick for SPY ATH tomorrow, let me know

vermilli21

Probably not. Would need a comet to hit the Nasdaq for SPY to even move out of this 1 dollar range

Happy_Discussion_536

Please give me another 250 boring trading days like this in 2026. That would be 350% return on SPY.

PalpitationSmooth992

gonna be all pikachu faces in here tomorrow when SPY is down and crypto is up after hours doesnt lie

PalpitationSmooth992

Gold and oil up bond volume after hours is nuts large amounts of VOO SPY and IVV getting dumped all signs point to -1% day tomorrow

PalpitationSmooth992

the gold pump is really concerning for stocks 2026 is not going to be nice to SPY

financiallythriving

I deserve SPY 700 tomorrow but I’ll settle for 692

TheInkDon1

I tried that too! Probably like you, I thought it would be a hybrid sort of position that didn't lose value overall, then sell premium against it. But I think the daily drag of the leveraged ETFs makes it not work. Lately I've been playing with the Double Diagonal as a similar sort of thing. Buy a straddle or a strangle on something maybe a year out. Stock goes up, the Call goes up, covering the loss in the Put. And vice versa. So the net position stays kind of constant, minus daily theta decay. Then sell premium against that, maybe 30-delta Puts and Calls. Some of that covers the theta decay of the long options, and the rest is profit. QQQ or even SPY has enough IV to make it worthwhile, but after a lot of reading and fiddling I haven't found the best Deltas to buy the long Call and Put at. You can do them OTM or ITM or even ATM, and they sort of behave the same, but the cost of the trade and the Buying Power Reduction change as you fiddle with the long legs. Here's one on QQQ that OptionStrat built by default for me: [https://optionstrat.com/RWIf6lBwR1Z2](https://optionstrat.com/RWIf6lBwR1Z2)

Junior-Appointment93

Have not traded IWM. To pricy for me. XSP, SPY and QQQ. I pick one of those Mondsys and Wed. Friday up in the air. I may credit spreads on something trending. Only if the premiums are there. Right now I’m have luck with credit spreads and debit butterfly’s. With a limit order. This market is hard to judge with no clear trend line. Plus low volume does not help at all.

Ensheen

Every time I think about hedging, $SPY just hits another ATH and makes me glad I stayed long.

Random_individual_6

Guys I’m from the future and SPY will infact hit 695 at exactly 1153 am.

financiallythriving

I deserve SPY ATH tomorrow

iannoyyou101

SPY 700

Crazy_Donkies

What was a SPY $486? Like .07?

Cstooby

Holding SPY 1DTE calls overnight these next few days is so fucking stupid. Im holding onto SPY $686c 12/23 tonight.

LegNational3336

I actually had the balls to grab a TSLA 490 P when it was at 495 it dropped to 493 and I sold but I turned around and grabbed SPY 486 12/26

76ersPhan11

If you had that much money why are you messing with options? Just invest in SPY for a few years

The_Patsy

Christ.  With a $mil, just blindly slap it into SPY or QQQ and fucking forget about it.

CherryRoutine9397

If you already have a true emergency fund, then SPY makes more sense long term than parking excess cash in a HYSA. A HYSA is great for liquidity and peace of mind, but over decades it almost always loses to equities after inflation. What I would personally do is keep a fixed amount in HYSA that actually matches your risk and job security, maybe 6 to 12 months of expenses, and invest anything above that into SPY or a broad index. That way you are not forced to sell in a downturn, but you are also not letting long term money sit in cash. Trying to time a crash usually hurts more than it helps. If you are worried, spreading entries over time can help psychologically, but staying invested is usually the winning move. Just my perspective, not advice.

iMakeGOODinvestmemts

Runescape the BEST game of all time? Correlated with $SPY

pineapplekiwipen

You need to be careful because delta is not set in stone. As SPY drops so will delta on that leap and so you'll lose money fast on the way down and gain back slower as it recovers. If SPY has another massive drop and recovery in the next year you'll be down way more than someone who just bought shares and will likely get stuck in the position if something happens that makes you rethink your medium term bullish view on SPY.

bjnigma666

Same with SPY, but green is green

Cryogenx37

Just wait for a decent-to-large dip, the buy $SPY/$SPYM/$SPYI LEAPs and never have to work ever again

teh_herper

Need SPY to be 687.46 to break even by thursday 😭😭😭

MagJack

Bonus: If you had just sat on your hands and bought SPY, you would have "this much" as a closer.

drizzyjake7447

My uncle works for SPY and he said we open at $700 tomorrow

Heineken_500ml

SPY probably doesn't even reflect the prices of the 500 stocks. It goes where State Street wants it to go.

Interpersonal

“Which way is down?” Asked SPY since at this point it could not recall.

PalpitationSmooth992

SPY 684P and 685c theta destruction LOLOLOLOLOL

PalpitationSmooth992

ZERO VOLATILITY how can you see this market not move for 4-6 hours straight almost the entire day and then look at price action after hours and still deny market manipulation SPY has sat at 684.8 the ENTIRE DAY

Fhyzikz

Mag 7 mostly flat, SPY melting up. Why even buy individual stocks lol

Heineken_500ml

AAPL tanked more but SPY just keeps going lmao

BanbetBoss

I feel like SPY is gonna rip up so i bought puts to inverse myself

ARSC_RexH

Too little to save my 686 calls SPY. Thanks

Crazy_Donkies

Call SPY up .54%.  Made a little on 0DTE for Vegas gambling money.  I would have done a banbet if you could do it for a small move.   https://www.reddit.com/r/wallstreetbets/comments/1psgvs3/comment/nvbf7jy/?context=3&utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button

RamCockUpMyAss

For others who have hit mid 7 figs this run in a relatively short time span - are you locking in some profits for FIRE purposes? Or keep riding to 900 SPY? We'll obviously hit at least 800 this run, but curious on what others are doing who have hit their FIRE number right now in equities

Any-Spray-8869

The mental side is absolutely the hardest part, and I think it's under-discussed because it's uncomfortable to admit. For me, the biggest struggles long-term have been: 1. Revenge trading after losses I'd lose $500 on a bad SPY call, then immediately buy puts to "make it back." No analysis, pure emotion. This single pattern probably cost me more than any bad strategy. 2. Overconfidence after wins Three winners in a row and suddenly I'm a genius. Position size doubles. Risk management goes out the window. Then one loss wipes out all three gains. 3. The "I can't be wrong" trap Holding losers way too long because admitting I was wrong felt worse than the financial loss. Moving stops. Adding to losers. Classic. What actually helped me: I started tracking my emotional state (1-10) before every trade. After 100+ trades, the data was brutal: \- Trades at emotional level 1-4: +2.3% avg return \- Trades at emotional level 8+: -4.1% avg return My emotions were literally a better predictor of my P&L than my actual analysis. Now I have rules that fire regardless of how I feel: \- Loss over $X → 2 hour mandatory break \- 3 losses in a row → done for the day \- Emotional level 7+ → no trading The key insight: you don't need discipline in the moment. You need rules you set when you're calm that protect you when you're not. I actually ended up building an app to automate this tracking (got tired of spreadsheets). Happy to share if anyone's interested, but the core idea works even with a simple journal. What patterns have you noticed in your own trading?

Heineken_500ml

TSLA tanks 1% and SPY moves up lmao

19kjc87

SPY up 17% ytd try that

AekorOne

if you bought $684 SPY calls right after the first hour you would've been chillin

financiallythriving

First for SPY +2% tomorrow

PalpitationSmooth992

lol SPY is STILL at 684.8

PaperHandsTheDip

Sure because 10-15 years ago we were just recovering from the financial / banking crisis. All the banks were incredibly beat down. If you go back even further (ie: 30 years) the banks have outperformed the SPY quite drastically. RBC for example (Canada's biggest bank) has returned \~3420% since 1995 EXCLUDING dividends. The SPY has returned \~1400% during the same time.

Alternative_Rule6208

VIX lowest in 1 year but SPY struggling to reach ATH. Whats up with that.

gmehra

yeah but if you go back 10 - 15 years then SPY kills all canadian bank stocks

BackstrokingInDebt

Booking -3,500 in realized loss - sell TEAMS, NICE, RPM, SNAP, PPC for -7,500 - sell SPY for +4000 Booking total tax deduction of 3,500 Leaving the remaining 220,000 unrealized gains unrealized.

PalpitationSmooth992

SPY 684.7->684.9->684.8 all day long zero volatility after the first hour this is how they decay theta why do you think there is always a huge move right before close?

Ask_redditKiller

SPY 680$ tomorrow

Fact-Resident

This $15 poke bowl I’m eating right now bought and paid for with the profits from my full port 0dte SPY calls has never tasted better!

PalpitationSmooth992

SPY keeps going ....685 ..sike!

PalpitationSmooth992

SPY has been floating between 684.7 and 684.9 for the past 3 hours.....

PalpitationSmooth992

look at how cheap 684p and 685c are right now notice how SPY has sat directly between these strikes the entire day this level of price control is impossible without darkpool price manipulation

ramy_mousa

have you tried not to try to beat good lame SPY ETF?

spurkulator

Just need SPY up one more dollah

Fhyzikz

TSLA down SPY up that's the way we like to

thebobitt

SPY has moved about as much today as a reddit mod

Fun-Committee8693

SPY calls or puts?

tropicalia84

Huge volume coming in on SPY this bull flag about to BREAK OUT

kalakesri

SPY to 67

Satoshinakamoto99

April, 2025 Bought 300k worth of NVDA, GOOGL, MSFT, AMZN, SPY, QQQ November 2025 Sold all my GOOGL($53k gain), most of NVDA(28k gain with 10k left unrealized), AMZN(13k gain), MSFT(16k gain), and QQQ(12k gain). Roughly $122k realized gains and I paid about 24k in estimated taxes

thebobitt

Finally some SPY movement keep going down

Fhyzikz

SPY down TSLA up is the opposite of what I need rn tbh

TinkTonk101

Print speed directly controlled by SPY movement on the 1 minute time scale

vermilli21

Buttcorn 🌽 is having more action then SPY

Ask_redditKiller

Need to see SPY hit 670$

thebobitt

I read 10 chapters in a book and SPY moved 3 cents

Random_individual_6

SPY 690?