SPY

Teiagon

The more it drops the closer it comes to a buying price. A 20% drop in SPY, VIX >30 is most definitely a buying zone.

Mozart69-Nice

I had a boring boomer portfolio for like 2 years, mostly SPY and SGOV. Very stable, very boring. Last week I went balls deep into SOXL and TQQQ, I feel young again.

McDonaldStaffMember

Really simple terms is like waking up and saying....Hey I bet the SPY is going to go down and it's going to hit a price of $755 or so today. There's definitely more factors and terminology involved as well but I'll let you decided to pursue that portion. Specifically Thursday if you would've bought a put (bet going down) for a $755 price. The cost for that "bet" wouldve been around $25. Ay around noon Thursday that $25 bet wouldve turned to around $1800-$2000. Putting just $100 would've gotten you $8000 in about 4 hours. There was alot to be made....ALOT!!! I didnt have capital and didnt play and disnt want to fomo and buy in at the wrong time but for the SPY to drop $30 in one day is literally crazy. I tried looking for a screenshot but too many to go through lol

Dazzling-Cheetah5951

9:30am Bull Trap fake pump to .5% SPY, some tech stocks up 5%, then a repeat of Thursday's crash \~1 trillion+ lost the rest of the day.

joe4942

Past 1 year: * MAGS: +2.8% * QQQ: +7.6% * SPY: +9.5% * XLK (Tech): +14.3% * RSP (Equal weight S&P): +15.1% * DFIV (International Value): +18.8% * BBCA (Canada): +20.1% * AVUV (US Small Cap Value): +22.4% * AVLV (US Large Cap Value): +26%

TheStorm007

A few points? You mean like 30? OP bought APY puts and SPY fell a shit ton. Simple as that.

WSB-mods-are-

Everything! Were you not trading then? Probably one of the funniest wsb blunders. They thought it would dump and SPY proceeded to have the best month on 2 years

joe4942

Past 1 year: * SPY: +9.5% * QQQ: +7.6% * AVUV (US Small Cap Value): +22.4% * AVLV (Large Cap Value): +26% * DFIV (International Value): +18.8% * BBCA (Canada): +20.1%

Both_Experience_8187

If you own SPY you already own AAPL, NVDA, etc.

StormOneTrick

why VOO and not SPY or VTI or QQQ? Those are the popular ones I’ve been hearing.

Public_Ideal84

You know what? In this market, I’m not even sure. Fuck it, SPY 760 Monday 🤷‍♂️

vermilli21

Possible but you gotta factor the other sectors keeping SPY afloat right now. I'll be watching to see what NQ does, if it gets back above 27.5k (We get stuck in the channel). If we reject then yeah tech sector will drag everything down for SPY to 720 to fill the gaps

shadylex

Manifesting $SPY opening >740 Monday :shrek:

nutsbonkers

I have 100% in RSP, and I've been trading SPX options on margin. I just started a month ago, and I've only gone negative by like 40 bucks once, and my account is up 10% over SPY 🤷‍♂️ initial investment was 25k

Quienmemandovenir

SPY -5% in one day is not normal, go and check how many times has happened

Gunpla_novice13

I'd lean toward buying ITM LEAPS during the market drop, rather than waiting for IV to fall and buying OTM. The reason is that your target is SPY recovering just 5% above its previous ATH. ITM gives you more intrinsic value, higher delta, and less dependence on IV dropping or SPY making a massive move. OTM calls are cheaper, but their value is much more sensitive to IV and time decay, and they need a strong recovery to pay off. Essentially, you're trading a better entry price and higher probability of profit with ITM calls against cheaper premiums and greater leverage with OTM calls. Personally, I'd compare the expected return at your target price for both strikes, using same expiration and a conservative IV assumption. That will tell you which one offers better value rather than simply looking at the cheaper premium.

verified-trader

**BanBet Lost** — /u/Western_Coffee_5445 (1W - 1L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $735.00 → $751.93 | +2.3% | 1d | Lost |

Leafcane

He doesn't own 100 shares of SPY. That's your confusion. He bought a contract that gave him to *right to sell 100 shares* of SPY. That contract was initially bought for pennies on the dollar because it expired at the end of the day and SPY was far above 742. Who in their right mind would buy a contract that let's them sell a stock for 742 when market value is 760+? He spent $700 on this worthless contract. Fast forward to that same afternoon, SPY crashes all the way down to 730. Suddenly his $700 investment is worth $100,000+. His gain was not from executing the contact to sell his shares because he never owned them in the first place (that would be a $700,000 portfolio lol). His gain was by selling someone else the "contract" AKA the right to sell SPY at 742 a share. By the end of the day that contact was extremely valuable, 100x more than what he paid for it.

Thalenori

100 shares of SPY for 730 dollars and sell the same shares for 742 making 12x100=1200 dollars but suddenly its worth 40 000???

GammaFlowSPY

Thanks for sharing this - I read through it. The distinction between loss concentration and a consistent profit advantage is particularly useful, especially your caveats about execution costs and multiple testing. The one-month SPY short-put result also caught my attention: the unfiltered strategy had the highest Sharpe, and the tested GEX/VRP filters lowered it. That’s directly relevant to what I’m investigating, rather than assuming a filter should help across every structure and horizon. One clarification: was GEX used only as an **entry** filter, with exits determined by the predefined holding rules, or could a subsequent GEX regime change also trigger an exit? Источники

TechniCruller

Lmk before you sell so I can load up on SPY puts

poopy_wizard132

Isn't SPY like 5% from it's ATH?

GammaFlowSPY

SPY can be a reasonable long-term investment, but I’d distinguish “safe from losses” from “a way to build purchasing power over time.” The point isn’t just diversification. It’s giving your money a chance to grow faster than inflation. According to UBS, U.S. equities delivered an annualized real return of about 6.6% from 1900 through 2025. That’s the broad U.S. stock market, not SPY specifically, and it’s historical performance—not a promise about future returns. There’s also a reason many long-term investors are comfortable matching the market rather than trying to beat it. S&P Dow Jones Indices found that 79% of actively managed U.S. large-cap funds underperformed the S&P 500 in 2025. That statistic applies to professional funds, not individual retail traders, but it shows that even professional management doesn’t make outperformance automatic. Warren Buffett made a famous ten-year bet on this idea. From 2008 through 2017, the S&P 500 index fund he selected gained 125.8% in total, while the five funds-of-funds selected by Protégé Partners each finished behind it. It’s one historical example, not proof that index funds always win, but it illustrates the challenge of picking managers who can beat the market after costs. None of this makes SPY a savings account. It can fall substantially, so keep your emergency fund and money you’ll need in the near future separate. Investing a fixed amount every month can help you stick to a process, but it doesn’t prevent losses or guarantee a profit. For the practical setup, compare SPY with lower-cost S&P 500 ETFs such as VOO or IVV. Check fund expenses, brokerage fees, recurring-purchase options, and the tax treatment of the account. The iPhone isn’t the issue—the brokerage and account behind the app matter much more. You don’t have to outperform the market to build wealth. You need a sustainable contribution habit, manageable costs, and a plan you can stick with when the market stops being fun.

_slofish

200k today is enough to retire on in 30-40 years if you buy SPY or VOO shares and never touch it btw

BarbellPadawan

I think you mean SPY

Realistic-Series9

I bought SPY puts on Tuesday, expecting the price to drop. Since I was only risking a small amount and treating it more like a gamble, I went way out of the money and bought 10 SPY $744 puts while SPY was trading around $763. Each contract cost me $0.04, so I spent just $40 total. I ended up selling all 10 contracts for $300, which I was pretty happy with at the time. But those same contracts eventually became worth almost $13,000. It's crazy to think that $40 could've turned into nearly $13K. But realistically would I have actually held through $1K, $5K, or even $10K without selling? Probably not. It's easy to look back and think about what could've been but holding through those kinds of gains is a completely different story.

MeggEggs

Can someone explain what SPY is and why it popped off?

Pure-Ice5527

You have to take the down with the ups, I assume you were heavy in the AI trade hoping for quick money like so many others. What I’d suggest is the bulk of your money should be in the SPY and then have a smaller separate account for active trading you don’t mind losing. The SPY is up 7% this year, a decent year in terms of returns, that allows you sleep at night if the bulk of your money is in there.

PurpleFilth

SPY calls a month or two out will print so fucking hard right now

Sick0h

Anyone who has followed markets at all knows that Jensen has been fucking with SPY for years. He’s taken good care of SPY, made love to SPY, sometimes broken SPY’s heart.

Extension-Temporary4

First, I’m not a big believer in international. I don’t understand those markets well enough. Also, long term, foreign has never outperformed US equities. Not today it can’t, it just never has. And there’s a reason for that, with few exceptions, no one is as pro business as the US. Germany is the manufacturing hub of Europe. It’s seen zero growth in 20+ years. Eurostox has seen zero growth in 20 years. Meanwhile the S&P is doubling every 4 years. Second, diversity is one way to protect yourself. The problem is, those “diversified” funds are no longer diversified. They are extremely too heavy as well and extremely exposed to tech. Go look at the top holdings of SPY, QQQ, IXN, XLK, SPYG, SPYV, etc. you’re in for a surprise . . . They all hold the same equities. They are all extremely top heavy. They’re not as diversified as they once were. 

Ill-Ad1603

QQQ barely down 13.8% (SPY 4%) and retards are already getting liquidated. What will happen to us when QQQ declines 40%?

Paul_Robert_

Underperforming SPY: 😐 Underperforming a HYSA: 🫤 Getting outperformed by a guy who keeps posting about how his ass smells: 🫪

Specific_Virus8061

maybe selling naked calls to buy puts i.e. synthetic shorting SPY?

bearhunter429

#In the last 6 months SPY is up a whole 0.3% LMAO🤌⛹🏾

Sufficient_Habit5091

Remember when this Chinese SPY boned a Federal Reserve researcher, had a child with him, all so she could send secrets to China? https://i.imgur.com/R0ORXC8.png https://i.imgur.com/YK48lj6.png

ScreenPuzzleheaded48

I put a few K into 12/18 SPY $703 puts in mid Oct and those did pretty well yesterday but easily coulda been worthless. I’m fine small risk here/there but you guys losing 50% of your portfolio in a single day are wild.

Sprig3

This is fine I guess. But, what the market needs is loans to be cheaper. There is a lot of debt out there and not enough "real" cash (lol). If only someone hadn't done stuff to juice inflation and "weaken the dollar", fed could cut rates and the upcoming AI debt-pocalypse could be avoided. (If SPY is green on Monday, ignore the above, I always knew it would work out.)

ChairmanMeow1986

It was a weekend risk sell off, we've all seen how the US Admin typically waits for weekend to escalate with Iran. Money that jumped in Thursday, taking a quick easy gain, before the weekend was how I read it. If you're bullish what your most likely to see tomorrow it a dead cat bounce to a higher high, that probably fades, but than rallies into end of day. 740$ on SPY and 660$ on QQQ, flipping to support would be bullish to me (wouldn't love RSP losing 215$ as well)

AffectionateHawk4422

Sure... That's exactly why people are coming after you. This is a betting channel of options and high risk stocks. And you show SPY and SCHD. Laughable.

MrBrightsighed

What are you even talking about dude, the SPY is up today and only down 5% the last month. Were you full ported in Sandisk calls or some shit, positions?

verified-trader

**BanBet Lost** — /u/B-Jaxon (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $733.00 → $745.00 | +1.6% | 1d | Lost |

TootsHib

no you're still up 17% ytd and beating SPY..

prsmedia_

Watch break of 731.88 for more down on SPY.

verified-trader

**BanBet Lost** — /u/IWishIwasAwhale1 (2W - 11L, 15%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $733.00 → $715.00 | -2.5% | 1d | Lost |

ScreenPuzzleheaded48

I parked a few hundred in SPY earlier this year and I’m still up like 6% YTD. Going heavy on individual picks carries tons of risk.

verified-trader

**BanBet Lost** — /u/Fluid_Product6292 (0W - 2L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $735.33 → $742.68 | +1.0% | 1d | Lost |

verified-trader

**BanBet Created** ▼ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $700.00 (below) | $736.06 | -4.9% | Fri, Nov 13, 7:51 PM ET |

eileyle

!banbet SPY 700 1w

Significant_Speed854

No and if so not until SPY is at 1100, I think those prices were elevated "deliberately" by MM to fuck over retail, sell calls to retail, and offload their shares at a high price

SteakEater137

Is there a single stock out there that has retained value over the last few months? Almost everything seems like a constant pump n dump, even broad funds like the SPY. Only stocks I actually feel comfortable holding long term are some midstream oil ones who pretty much can guarantee high dividend payouts with how solid their financials are. Everything else I just flip or I end up regretting it.

ICallASpadeASpade

Does anybody know if I can do a chargeback on all of my 0SPY calls today? I don’t like how they turned out (lost 100%) and want my money back.

haze_from_deadlock

The 1W RSI on SPY printed some huge bear divergences from 26 May 2026 to 10 Aug 2026 to 5 Oct 2026 that preceded the fall from $781 to $732. This indicated a positive risk/reward for short positions.

RayzeGameTooSweaty

SPY could go down to 700

sdoiaf

bond yields are doing that weird thing again which makes me nervous af. part of me hopes for volatility so I can gamble on SPY puts, other part wants to sleep without dreaming about margin calls. financial ruin as entertainment is peak brainrot but here we are. if the market gaps down Monday I'm buying a vape pen and crying in a parking lot. W or L doesn't matter anymore just chaos.

pingoo26

Things are going to get spicy if SPY fall through 725

-IQ200

QQQ? Of course tech is in shambles. I’m talking about the real market SPY. 😋

Happy-Champion1661

SPY drawdown: 6%. QQQ drawdown: 14%. LMAO

YTLupo

https://x.com/ShaneStoffer/status/2113333564330655890 Notice to how prior to closing the position the BID was at 9.05? And after closing out at 9.50 the new bid was then 9.50? He unknowingly was pushing up the options chains using size and mid-fill orders. His account was then marked for non-favorable fills after. Its why when he tried doing BULK on SPY They blew him out Before: https://x.com/ShaneStoffer/status/2114734281285423364 After: https://x.com/ShaneStoffer/status/2114749439000604994 What I am saying is, A few people where able to make huge gains doing this, it didn't really matter what the market was doing. Many people think that he just got randomly lucky or he's a MM asset but all he was doing was abusing the mid-fill price improvement.

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $751.93 (above) | $735.00 | $735.87 | +2.3% | 14h 51m | | **Record** | 1W - 0L | 100% | - | - | - |

MoistSpyBuy

So basically I’m a genius who is going to be rich for buying a bunch of SPY 12/31 799c’s?

dontslambro

Last 4 week losing streak SPY -5.66% QQQ -13.23%

YTLupo

As someone who is banned from trading with their routers I will tell you In July I was able to bring my Average Price of SPY down to 495 Using a few tricks. I am telling you from experience

YTLupo

Just know this from an inside point of view, Citadel owns a FUCK ton of SPY at 480. Like a heroic amount. If the market where to have its worst case scenario play out, that would be the absolute lowest low

verified-trader

**BanBet Lost** — /u/solid_snake1994 (1W - 1L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $768.05 → $775.00 | +0.9% | 2d | Lost |

YTLupo

MM's offered "Price Improvements" for SPY / QQQ options as long as it wasn't abused. However Too many people figured the shit out and they shut it down September 18th. I was able to game it out but not abuse it like he did

verified-trader

**BanBet Lost** — /u/terdferg88 (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $730.87 → $758.00 | +3.7% | 1d | Lost |

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $149.00 (below) | $755.72 | $735.79 | -80.3% | Sun 10:48 PM ET | | **Record** | 2W - 2L | 50% | - | - | - |

Civil-Soup2863

I actually only do options on indexes (really just SPY). I’d rather not have a single stock pull a Hail Mary out and fuck my entire position lol

Pitiful_Bedroom_6619

SPY 800 NEXT WEEK :copium:

Rude-Mine6173

SPY 750 monday

Jagged_Tide

+10% SPY monday

Jagged_Tide

Just need AAPL +6% or SPY +5% on Monday

Rude-Mine6173

!banbet SPY +5% 5d

prsmedia_

SPY 745 on monday

verified-trader

**BanBet Created** ▼ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $610.78 (below) | $735.88 | -17.0% | Fri, Nov 27, 4:28 PM ET |

Bichael-Murry

!banbet SPY -17% 3W

Agitated-Present-286

There will be a 5% SPY Shrek dildo b4 the year ends PRESIDENT DONALD J. TRUMP 

DarkR124

Boring ass day but that $2 range was basically free money, I just didn’t go in big because I had zero trust. Finished the day with +$883 scalping SPY all morning. Have a good weekend chat.

Jagged_Tide

If this isn’t the afterhours buying frenzy of the year idk what will be, it’s literally like Christmas or Black Friday—NVIDIA under 200, AAPL under 350, SPY under 735… what more could millionaires and hedgies want??

YTLupo

TOGI was the sign of a top. Motherfucker was market buying 1000 SPY contracts all at once.

BryanSerpas

It felt like it was earlier. I had SPCX and SPY puts that started printing. Sold them. Repositioned back into them with the profits just in case they reprint later in the day but its house money now

bibirionlastdisciple

If you liked -4% SPY, You are going to love -8% SPY.

iCaps_

what a fake green day on SPY today wow

shadylex

Manifesting $SPY :shrek:

IAmNotAFutureGambler

50 million USD SPY 710 P 11/20/2026 OPENED You are all fucked, CPI will kill this chat.

unhappyreach_

I almost bought those contracts, but I went with SPY 725 for Monday The open interest on the 725 and 710 is seductive

Civil-Soup2863

Uh, I read some regard saying “SPY calls today any price”, said alright I’ll bite, then I made 90k off of like 2k in like 3 hours. Then, I just started watching the markets a lot more, made 113k off another session, etc etc. It’s a lot of pattern recognition and patience.

PsychologicalFee2988

Robinhood is terrible. They sold my SPY puts at 3:45. They tripled minutes later.

Happy-Champion1661

I am not overleveraged to tech, in fact I sold AI end of September and went back into other sectors. But when SPY dumps more than 4% it doesnt matter, everything shit the bed yesterday.

vermilli21

Could go either way Monday. 1hr time frame has SPY sitting at the bottom channel of the bear flag

verified-trader

**BanBet Lost** — /u/EightBitMemory (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $739.42 → $735.00 | -0.6% | 4h | Lost |

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $745.00 (above) | $733.00 | $737.23 | +1.6% | 5h 12m |

Fhyzikz

SPY 715 Monday

bearhunter429

#Bols are pathetic. After a -5% day, they could barely keep SPY green by 0.3%. They couldn't even muster a proper dead cat bounce. LMAO🤌⛹🏾

GammaFlowSPY

The key is not simply buying cheaper premium. It’s choosing the right exposure under the right volatility conditions. **1. Vega vs. intrinsic value** Buying OTM LEAPS during a sharp selloff can mean paying a substantial volatility premium. Even if SPY rebounds, falling IV can offset part of the directional gain. Deep ITM LEAPS offer higher delta and more intrinsic value, but require significantly more capital. Neither structure is automatically better - compare delta, extrinsic value, IV, breakeven and total exposure. **2. Position management** You don’t have to hold LEAPS until expiration. If the position gains value, rolling to a later expiry or adjusting the strike may help manage exposure. But rolling is not risk removal, and the economics depend on both contracts’ pricing and volatility. **3. The Wheel alternative** You could also sell cash-secured puts at strikes where you’d genuinely be comfortable owning SPY, then sell covered calls if assigned. For illustration, the $720 SPY setup I shared showed: Delta: 0.33 Mid premium: $11.00 Bid/ask spread: \~1% OI: 2,966 BPR: $72,000 Indicated monthly yield: 1.3% These are figures from my example setup, not a Gamma Flow recommendation or a guaranteed return. The Wheel collects premium, but carries substantial downside exposure if SPY keeps falling. **The Gamma Flow perspective:** IV Rank, VRP, term structure and dealer gamma positioning all matter. Rich premium is not automatically attractive when the volatility regime signals elevated risk. **Bottom line:** LEAPS: defined premium risk, long-term directional exposure. Wheel: premium income with potential equity ownership and downside risk. Rolling: position management, not risk elimination. The objective is not to find the cheapest option. It’s to structure the exposure intelligently. **Structure first. Risk first.** *For informational and educational purposes only. Not financial advice, an investment recommendation, or a solicitation to buy or sell any financial instrument.*

Orthoebolavirus

SPY +0.4 is "red as fuk"?

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $751.93 (above) | $735.00 | $735.47 | +2.3% | 16h 41m | | **Record** | 1W - 0L | 100% | - | - | - |

verified-trader

| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $732.00 (below) | $737.74 | $735.48 | -0.8% | 21h 45m |

verified-trader

**BanBet Lost** — /u/SweetJoones (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $738.49 → $735.00 | -0.5% | 2h | Lost |