Reddit Posts
made some bad choices this week, inexperienced, need advice.
Sell ODTE puts on SPY then sell Monthly Calls?
At what point does owning SPY + QQQ + a growth ETF stop being diversification and start being the same bet in different wrappers?
I trade for a living - why I’m still bullish into CPI and the levels I’m trading on SPY, QQQ, oil and DRAM
Built a free dealer-gamma (GEX) map for SPX/SPY/QQQ — tell me where the methodology is wrong.
DD - The case for SPY 130,000 by 2048
Option Loss No Internet +30k to -$20k
UPDATE #7 (The End. For now at least.): I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
From Olive Presses to Power Laws: A 2,600-Year History of the Call Option
gonna full port SPY 8/14 $800C with 40k monday at open AMA
For anyone wondering exactly how much QQQ and VOO/SPY actually overlap, here is the math.
Do you think HTZ will help me recover the $23k loss from SPY ODTE?
Do you think HTZ will help me recover the $23k loss from SPY ODTE?
UPDATE #7 (The End. For now at least.): I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
The Nasdaq 100's valuation premium over the S&P 500 is near a 9-year low. Is tech actually expensive anymore?
I Trade for a Living - Why I’m Buying Dips After the Forced Buying is Over and More DD on Gold and Liquidity
SPY predictive dashboard with ChatGPT contd. not financial advice just for fun
While I Profited a Couple Hundred….this is the worst loss I’ve ever experienced
YOLO: SPY 7900 by Friday. I’m all in on 7850 Calls,
I Trade for a Living - What Comes After the Rally & the “Hidden QE”
SPY at $774 in overnight trading
Experiment: 1 month, SPY ODTE closest to $X (up to 100), buy at specific time T_buy and sell at T_close constantly fixed over the time. Can alternate between put or a call. What are your suggestions for X, T_buy and T_close?
Question: How do passive index funds like VTI, VOO, SPY, ETC., work?
SPY at ATH ($773) with 40 minutes to go
Racking up 100% trading options day after day adds up to big money
I Trade for a Living - Here’s My Setup for Semis, SPY and QQQ
Made $200 Off PUTS on SPY’s Most Bullish Day
SPY at unsustainable levels. Could go a hair higher. The maco situation does not support a forever run.
Deconstructing 0DTE Option Losses: Traders Freeze During Intraday Volatility Surges
Why the actual fuck is SPY pushing ATHs this week?
UPDATE #6: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
UPDATE #6: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
Why $TT is going to 10x your degenerate portfolio: The Great Heat Wave Shortage of 2026 DD
delta hedging and your returns - community research pt8
There’s no way these ppl at simpler trading make money
Gamma setup into next week — SPY’s pinned in deep positive gamma, $AMD $PLTR Earnings
SPY closed the week in the deepest positive gamma I've seen in a while (IV ~9%)
UPDATE #5: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
UPDATE #5: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
UPDATE #5: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
UPDATE #5: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
SPCX: from "new space age" to a measuring stick for the AI bubble
Just when your puts expire worthless the market tanks
SPY hitting us with the middle finger EOD
$326 -> $78 -> $16,619 in less than 96 trading hours (over 213x from low point)
1DTE option held overnight SPX went up .75% but I still LOST money
Solid week: Up over 3,000% on SPY/SPC 0DTE calls and puts, cashing out
Update: Now $502 -> $5,741 in 6 trading days + looking like I'll double if the market opens where it's at
Generational lock in. 15k-6000-45k-700-15k-2.5k(now) next week 100k
Mentions
SPY lookin very very dumpy
I am 30% sure SPY will rip up to 790ish sooner than later You're welcome
Avoid 0DTE. Too much risk. I am doing very well with longer dated options strategies (income ones) like the SPX Best trade and SPY Ride that are highly consistent in the last years. I am not spamming here, but you can use ChatGPT or other AI Tool to search for it. They are not as easy as Verticals (directional) but worth to learn and trade!
You bet on VIX....even if you were right you would've cut into profit on the premiums. Why not just SPY PUTS? People who buy VIX are just set in their ways of being technicals just to be different at the cost of their profit
**BanBet Lost** — /u/Hefty-Ad2809 (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $770.56 → $780.00 | +1.2% | 1d | Lost |
Um no, just need 2 SPY/QQQ 0DTE lucky day
Classic SPY pumping with USO
SPY hasn't moved up or down 1% since Aug 4 no dopamine for bulls or bears to be found
Yeah but also SPY calls went 26,000% from 728 to 770 2 weeks ago so don’t feel too bad it happens to the best of us. There’s always another opportunity
SPY hasn't moved up or down 1% since Aug 4 no dopamine for bulls or bears to be found
Unless you are day trading SPY 0DTE then that’s a crapshoot and do whatever you think applies
You can earn it back if you invest in SPY and don't gamble like a retard. No crying in the casino! https://preview.redd.it/rv51rx9et2jh1.jpeg?width=1080&format=pjpg&auto=webp&s=41034f451f5799a1a2b010d18dc017defed154ba
Can SPY dip back down? Yes. Will it? Nobody knows. If you're sweating about your position losing 3k that should tell you for next time that either A) you should have set a tighter stop loss or B) your total position size should have been some amount less than 3k. Side note, it sounds like you had no other data to go off of other than, "SPY ran up kind of hard so it's gotta give some back", now I could be wrong.... But... If you had more data, a stronger thesis, and defined risk then you wouldn't sweat letting your position breathe that amount. Or you wouldn't have let it get there to begin with. Just my unsolicited 2 cents. Carry on mate, good luck on your position.
God damn I need to sell my first SPY buy this morning. I waited this long, and now this!!
Anyone else keep MarketCast running on their TV in the background while they trade? It shows live tickers for whatever stocks you're watching — AAPL, NVDA, SPY, etc. — right on your Fire TV or Android TV. Way better than having a laptop tab open. [marketcast.co](http://marketcast.co) if you want to check it out.
Do you know about SPY? I’ve heard it’s up and coming
If you think VIX spikes, wouldn't it be easier/better to buy put on SPY instead of calls on VIX?
If August continues at the pace that it has, fewer shares of SPY will have changed hands this month than at any point since 2004. Right at this very moment, we are experiencing historic low market volume due to uncertainty and massive option walls.
So for OPEX I am buying SPY $760 puts and QQQ $710 puts
They sure are. Use as much margin as you can, and full port SPY to 800 0DTE tomorrow.
SPY and QQQ are top meme stocks atm
**BanBet Lost** — /u/diskfreak3 (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $770.56 → $760.93 | -1.2% | 1d | Lost |
I have SPY puts too. I'm regarded ghey bear this week. Getting what I deserve I guess.
Can't blame the Kospians, we were choppy and flat today too on SPY 😂
August on track for lowest SPY share volume since 2004. Unlikely to stay that way, but who the fuk really knows.
Mag7 taking a shit (except NVDA) and SPY still up doesn't sit right with me :angrypepe:
I did that too but I wussed out a bit and pushed my SPY calls to Monday
On track for lowest SPY volume since 2004. Wild.
So a few things on this. I agree with another poster, take some time to learn the Greeks. Specifically, understand Delta, Gamma, Vega, and Theta. Those are most applicable to options trading even though all will make a difference to some degree. I would strongly advise that, if you stick with options, you only buy a month or two out at bare minimum. Theta decay will eat you alive on the shorter dated contracts and even if the stock moves in the direction of your strike, you could still be stuck with a loss. If you're gambling, SPY or SPX 0DTE is the way to go. Otherwise, definitely give yourself a little time to be right. Second, options on a stock right before earnings or right after a big move are a bad idea in most cases. Look into Implied Volatility (IV) and understand how that factors into option pricing. After a big move or right before earnings, IV will be high, therefore options on that ticker will be more expensive. As time passes without a continuation or reverse of that big move, IV will fall. Even if nothing else changes, you're losing value on your option contract as IV falls. This goes back to understanding the Greeks--Vega is the one that is impacted by IV. Look up IV Crush for good examples of what this actually looks like. Third, I get that you say it's for gambling. Options can also be a very powerful trading tool if you understand how to use them and can be very very good for smaller accounts as they give a lot of leverage that you wouldn't otherwise have. I find LEAPs to be very good tools and would encourage you to do some reading on those. 0DTEs can definitely make you a ton of money, but the vast majority of traders are going to lose everything pursuing strategies like that.
If i win the powerball tonight, there will be signs. SPY Calls
Silence you simpleton. Did SPY not gap up? You even had a few seconds to sell your calls for a nice profit right at market open.
SPY, QQQ-All green 👍
All I want is for SPY to open 15 points down tomorrow
So is 770 the new baseline for the SPY?
motherfucker puts on the SPY go up
Puts on SPY are hedges against positions on individual equities. They aren't directional plays, especially with the VIX this low.
105M $SPY puts bought on top of yesterdays puts. Market doesn't go down, VIX is over-shorted. PPI should come in hotter after looking at the breakdown of the CPI. Today was exit liquidity for the big boys It won't end up well. I give this market up to Friday to give up
This really motivates me for tomorrows 0TDE SPY calls
The bullish scenario tomorrow for SPY is -4% Bearish scenario is -15%
\*SPY There, fixed it for ya
I took one for the team and paid the $100k for Truth Social API access. It’s gives you the SPY chart 24 hours into the future. This is tomorrows action: https://preview.redd.it/3omczmxsk1jh1.jpeg?width=512&format=pjpg&auto=webp&s=f2867993f22e1ea3ccb27f9e77d3ca243b03620b
Jim Cramer is bearish. SPY 820 EOW
SPY having bug bull flag, killing options on both the sides.
They really want SPY 850 don't they
SPY and especially QQQ, look at Korea right now, this is what you should be fucking doing.
So... SPY theta fuckery for the next 3 months?
no he will pause in Sept, I am 100% sure, what exp and strike price? I have 9/30 SPY 700 Puts
SPY 650 acually and then we reverse
There will be no breaks on this leg down SPY 600 EOY
I'm just waiting to see what SPY does on first contact with aliens.
yes I'm scaling into SPY Puts, anyone not hedging here is a fool
Entered long on the inverse Michael Burry fund. Ticker SPY.
SPY 7000 Oct Puts, EZ money
I would start buying Oct SPY PUTS!
6 of 8 mega top bearish metrics are in. 2 more to go until it gets 98% historically accurate to see a massive 📉 $SPY $QQQ … close, but not quite there yet.
It's a second day of SPY put accumulation, while VIX is making the lowest low of 2026. The next two days are going to be brutal for bulls.
The leverage you are seeing is real on entry, but the beta weighted delta is flattering it more than you think. A 5 wide ATM debit spread only carries that 3.14 delta instantaneously at the money. As price moves toward either strike the delta collapses toward zero because the short leg catches up, so that SPY equivalent notional is a snapshot, not a stable exposure you actually hold to expiration. So the 10 to 1 is leverage on notional, not on expected return. Your value is capped at 250 and you are paying theta the whole time to rent that delta, and it decays fastest while price sits near the middle of the spread. If you want an honest efficiency number for sizing, reward to risk times the probability of the spread finishing where you need it tells you far more than beta weighted delta over buying power. The BP figure makes every ATM vertical look like a rocket because it ignores the capped payoff and the decay you are financing to get there.
SPY 765 tomorrow for your thesis
SPY went from 728 to 775 in less than 2 weeks
I’m expecting another week of SPY being flat
Having FOMO for not buying any SPY or QQQ puts today 😔
Take a look at the SPY option chain if you are wondering whats happening with the VIX. Massive put wall at $770 for the 8/14 strikes means we ain’t going lower 770 this week. And a comparable massive call wall at $775. Then you have a fucking huge call wall at $780 where all the degenerates in here are buying calls. All of this means market makers arent paying your $770 puts or your $775 calls this week. The true direction will reveal itself Monday. Most likely higher. Wait until Friday near the close to place your degenerate options bets for next week.
I was promised SPY 700 or 800
That’s what I’m doing lately. I get mad at SPY and QQQ Gaines, and bad against them every day😆
Nasty stuff on SPY. Last Wednesday and Thursday created the current range that SPY can't break out of. 767 - 776. Just a big nothing burgah for the past four trading days
Everything up double digits, SPY up 0.26% It's times like these when I question my choices
Should have just brought more HTZ. Fucken porting meme stocks like SPY 🤦♂️🤦♂️🤦♂️
I dunno, I'm gonna take the opposite point of view of a lot of people here. I'm not sure that it makes sense on SPY in particular, but I think you absolutely could find a name that you would be happy owning (on margin or cash) and write a naked or cash-secured put. I mean, why not? Hopefully you have some conviction behind your choice and a positive outlook on the name. I do not think a 20 delta put makes sense. Personally, I would roll the dice with an ATM put, and if I am not assigned shares, keep selling the ATM put until I'm assigned or my thesis on the stock is changed (due to proce/outlook/whatever... this part is actually very important). On assignment, turn around and sell the 30 DTE (or whatever) call. I think this can work on stocks with pretty fat premiums/high implied volatility. Yes, there is a risk that you could be carrying the stock for a significant period of time below (perhaps significantly) your cost basis, and of course that's far from ideal, but you believe in it, right?? If that is acceptable, and the premium will allow you to grind away at the cost basis, it is doable. This is the wheel, after all. There are pros and cons.
Pro tip: if you have a particularly successful month, forcefully tie up all your money in SPY/QQQ shares for a week or two until the euphoria wears off so you don't give it all back trying to double up on a huge gain
SPY is the only thing I learned to trade...
SPY CEO pulled the emergency stop lever Theta til' all hope is lost
**BanBet Lost** — /u/LarryStink (1W - 1L, 50%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $728.68 → $700.00 | -3.9% | 2w | Lost |
SPY is currently on pace for the LOWEST monthly volume since May 2002
Next couple of days, SPY profit taking will probably drop 10 or more points 👉 to 760ish
| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $780.10 (above) | $772.38 | $772.60 | +1.0% | 23h 41m | | **Record** | 1W - 5L | 17% | - | - | - |
105M $SPY puts bought on top of yesterdays puts. Market doesn't go down, VIX is over-shorted. they are eating big off premiums😂😂
!banbet SPY +20% 2d I have become ber, the destroyer of ports
Liquidate and throw it all on 0dte SPY calls
SPY red AH, we are in a ber market now
**BanBet Created** ▲ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $788.41 (above) | $772.95 | +2.0% | 23h 60m |
**BanBet Created** ▼ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $765.33 (below) | $773.06 | -1.0% | Aug 14, 8:17 PM |
Sentiment seems good, we might actually rally. SPY found its new bottom and doesn't want to go below 770 unless 🍑 says something crazy again
This is a jinx attempt I’m bullish on SPY
**BanBet Created** ▲ | **Record:** 1W - 5L | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $780.10 (above) | $772.38 | +1.0% | 23h 60m |
| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $750.00 (below) | $772.80 | $772.25 | -2.9% | Aug 18, 3:09 PM | | **Record** | 0W - 3L | 0% | - | - | - |
Well SPY and QQQ fuck around all day probably
SPY calls day 4 tomorrow! I’m gonna lose more money or am I gonna make back the last 3 days?
are there options on NBIS, im bored of SPY its not scratching the itch
Of course SPY touches 773 again AFTER HOURS