Reddit Posts
I built a simple “Regime Filter” using SPY and QQQ to decide when I’m allowed to buy new positions
I’ve back tested every single imaginable 0dte strategy, in short. No consistent edge exists.
SPY is pumping on 1/3 normal volume while $8B in dark pool prints load. You are the exit liquidity. Stop buying.
SPY is pumping on 1/3 normal volume while $8B in dark pool prints load. You are the exit liquidity. Stop buying.
When will QQQ be more $ per share than SPY?
ELI5: Why would an ETF like VOO or SPY outperform the S&P500, if even for a single day?
Rally into July 44th and July 17th, Q3 20% market correction, October melt up.
Rally into July 44th and July 17th, Q3 20% market correction, October melt up.
Rally into July 44th and July 17th, Q3 20% market correction, October melt up.
My fiancé discovered options trading and turned 2k into 212k in 3 days. Her balls and port are 10x the size of mine
Is it possible to have a broadly invested portfolio, without automatic purchasing of SPCX or AI IPO’s?
I used ChatGPT and Codex to build and backtest SPY + QQQ 0DTE trading bots
Does anyone scalp SPY options or any other ticker/exchange?
Without Wendy’s there would be no dumpster
Does anyone know why these sudden price drops happen?
On last minute before the close SPY wicked down 2.3% on 10x volume
SPY 0DTE gains to close out the week
Is this a Robinhood glitch? Why is the Open Interest on this random bank put so high if nobody is trading it?
Is this a Robinhood glitch? Why is the Open Interest on this random bank put so high if nobody is trading it?
Am I in the Cool Guys club? I know I'm in the Retard Boys Club tho
Finally made all my Investment back after 7 years!!! Part 4
SPY be really drawing today cats lol
I can't beat the market. I won't ever beat the market. After years I realize that now. It's VOO for me.
📓 Daily Brief: Theta Gang Goes To Wendy's
Quick SPY hit today, a trust small street bet W
Trading off Biblical Prophecy [SPY Jan 16 2030 $650 Put]
climbed the mountain just to fall straight down.
I HAD A DREAM!!! Choppy summer market
I built a free tool that keeps a daily history of your Finviz screeners
I used ChatGPT to backtest a SPY 0DTE strategy and Codex to build an automated IBKR bot
$SPY -- Bullish? -- 3DTE -- MU Earnings + Semi Catalysts
Help me understand what is limit price
🚨🚨🚨 $WEN DD: WHY WENDY'S IS ABOUT TO SEND YOUR PORTFOLIO TO THE MOON 🚀🚀🚀
Yes, You CAN "Time The Market." And I'm Going to Prove It, Again.
Yes, You CAN "Time The Market." And I'm Going to Prove It, Again.
SPY Isn't Pricing Much Movement, But Protection Is Still Expensive
Update 7: Oops, lol. ~$1,447.94 -> ~$2,712.06 -> $222.20
Warsh's first FOMC presser is Wednesday and nobody seems to be talking about the dot plot risk
Warsh's first FOMC is tomorrow and I have no clue what to do with my port
How many of you have actually calculated your returns against the S&P, properly, and how many are just assuming you're beating it because your portfolio is green?
How viable is a hedge fund that trades exclusively in SPY 0dte’s
I have lost every position I've taken since june started.
Serious discussion: Is it time to full port healthcare, or am I regarded?
All My Eggs in One Basket: Keep holding NVDA or Sell at a Loss?
Sustainability of Weekly Covered Calls + Cash Secured Puts ATM on 50% of SPY Portfolio
My 15-point GO/NO-GO checklist before any options trade, because I kept breaking my own rules
When Iran war started SPY was at $686 and today $756 (Nearly +10%)
100k SPY 6/16 744c YOLO held through iran deal / Trump's birthday weekend
RSUs and ESPP, cash out and invest in ETFs, Dividends, SPY, or leave it?
Mentions
Sensed the weakness in SPY yesterday, went in on TSLA puts when spy was at 739 beginning of the day. SPY tanked to 733 and I had my puts open the whole time. Barely got some crumbs because TSLA didn't want to go down.
This is disappointing, SPY already tanking
Was thinking the same!! Any fall on SPY will be bought up. Free fall after the 4th though!
Looked like a SPY gap fill
Big day for SPY. Looking like we either have a -2% next or push towards ATH.
Why did we pump SPY too much yestetday, it's bloated now.
SPY stock, Nvidia at record revenue, MSFT on pullback ❌ Crazy btc conspiracist✅
I'm a little late to reply but check your positions. You don't owe $70k; you were assigned on a short put and forced to buy 100 shares of SPY at a $733 strike price. Once the broker sells those shares back to the market, your real account balance will settle. You're looking at the gross cost of the shares, not your net loss.
SPY goes down 0.1%: WSB thinks its the apocalypse SPY goes up 0.1%: WSB thinks Jesus has arrived Due to inverse wsb algos this leads to markets being theta hell as WSB is over-reactive to even the tiniest market movement.
Here’s what proposing to my wife taught me about 0DTE SPY options
Today the SPY will go down 0.36% and then the bulls will all feel silly and apologize to me
MM pls crash SPY so my puts can print and so we can oppress women. Be misogynistic today. pls
SPY 750 EOD, call at open
SPY up .15%. What is this, a gain for ANTS?!?
This is the right instinct, and you've built by hand what a decent rules engine does under the hood. Reading SPY and QQQ posture before you size anything is exactly the part discretionary traders skip and then blame their stock picking for. One thing to try. Let the regime read decide not just how much you deploy but where you lean. Holding a lot of one theme right now isn't the same as being committed to it. The durable version re-scores as the evidence moves and rotates instead of staying married to the trade, so a name that was a top weight can shrink the week the posture cools. In my own backtesting, that willingness to move, to follow the read into different corners instead of just dialing exposure up and down, is what let it finish green in a year the market fell. Your four states are a great backbone for that. The next layer is letting them steer direction, not only throttle.
SPY back to all time high this week? let's fucking go
Bull market is back huh? SPY green despite yesterday +1,7%...
If SPY & QQQ reject the 20 day and roll over, would be a perfect topping pattern
wsb is undecided on wether or not to be bullish on SPY based on wsb sentiment statistics. today is therefore volatility hell and not the theta hell of yesterday.
I guess that is what a SPY +1.65% day feels like now
wsb is right now 54% bullish on SPY, lets bring it up to 90% bullish so that everyone can inverse wsb without uncertainty
the arb question is interesting but the divergence you're seeing is already closed - it happened at 3:59:59 on friday and resolved before the open. even if you caught it live, SPX options are cash settled and SPY options arent, so the hedge isnt as clean as it looks on paper. the basis trade only works if the spread is wide enough to cover two bid-asks and the execution risk, which it almost never is on a one-day blip like this.
Have noticed this a few times, particularly IWM/RUT. There is an arb there when you see it but it's rare and quickly resolved on SPY. The IWM/RUT one is usually corrected around open. For example if you notice the IWM gap is disproportionately larger than RUT/RTY you can usually expect a violent inventory correction/gap fill at open. You can write a script to monitor the fair value of ES in SPY terms, RTY in IWM terms. Just don't expect to make a living from it. But yeah you've basically noticed an inefficiency which is one component of edge and exactly the kinds of thing you should be noticing.
**BanBet Created** ▲ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $750.00 (above) | $741.44 | +1.2% | Jul 5, 8:51 AM |
I see SPY at 58M volume for Monday so I dont see where you,re going with your 1/3. Also SPX volume is super normal, stop looking at QQQ and SPY as your benchmark for volume. Look at NDX and SPX
SPY so stuck that a 0.1% move looks like a massive breakout
SPY back to being allergic to red
Come on SPY, can we get another 2% today please
There has been quite a bit of backtesting on leveraged vs. unleveraged index funds that may be of interest. For the S&P500, I believe there is a general consensus that modest leverage (afaik around 1.5-1.6x for SPY) should generally result in higher returns. Obviously you need to be holding through drawdowns and past performance does not guarantee future success.
Bitcoin behaving that the talks are not going well. Futures behaving like Axios is about to conjure up atleast 20 brand new peace deals and SPY is opening at 750 tomorrow.
Isn't that what he said? Sell SPY calls and buy SPX futures
I want SPY at 750 when I wake up bull please take care
I also used to buy SPY. Until I discovered QQQ, QLD, and TQQQ. But nice profit. Would’ve loved to see 333.33 or 333.69 tho
Price target AMC $3 Price target WEN $10 My SPY 735 calls from last Friday went 500% today
Asking SPY to go up 3% to achieve ATH. Bold. Hope it happens though!
Ber r fuk. SPY and QQQ are in rock solid territory. War is resolved and oil prices are coming down rapidly. No bad news remaining.
GLW calls until Thursday and maybe a WEN yolo on Friday but I'll probably just end up playing SPY
I have a 100% failure rate with SPY 0dte puts and am willing to buy one tomorrow to pump the entire US stock market
Don’t worry about the covered part. Sell the calls, use the premiums to buy SPY 0DTE.
Yeah, its entertaining for sure. Like OP filling an entire wall of text while completely misunderstanding how SPY's price it determined. Its really amusing how someone can put so much effort into something with out understanding even the basics of an ETF let alone one tracking an Index.
Thanks, and I am trying to understand this, quite new to this. If $50 below price - is called "in the money" or "Out of the money" (OTM)? I too have approx. 134 SPY shares and trying to figure out how to trade option on it without sacrificing my shares. Thanks again for this information.
I'm planning to hold my SPY positions and watch tech stocks' movement tomorrow.
I hae an idea for a long range cross continent transportation: Using a hot air balloon, fly high into the sky. Go high enough to float in the stratosphere, turn off fuel. Don’t move, it stays in a fixed place. Let the Earth rotate below you. Float down 12 hours later, you're on the other side of the globe. Tell me why this wouldn't work. Flights from US to the far east (Tokyo / China / etc...) take 12+ hours anyway. So why not conserve fuel and let the Earth’s rotation do the work for you? SPY 760C
SPY went up $12 today. You don’t think it can do a measly $9 tomorrow. Lmfao
SPY headed to 750 while puts holders rub 2 sticks together trying to get a crack rock lit.
Sure, the weights are the same, but how many people trade options on VOO compared to SPY? I think there is some value in having it correspond directly to 1/10th of the index.
How many days does SPY chop sideways now?
It's just that SPY is literally being propped up by semi/dram tech. It is carrying QQQ on its back. And Samsung/hynix happen to be a significant portion of the market. Thus KOSPI
SPY falls 5 cents AH, and bers start precumming. Lmao 745 by morning
SPY wishes it was up as much as the KOSPI YTD
Kospi only down 4.6% in last one month while SPY down 2% same timeframe.
Pretty sure it stands for Korean SPY…
Ayo SPY you're going the wrong way
I have 279K in SCHD, VYM, SPY, and VXUS at 24. Will continue to contribute.
I don't think you should blindly follow what other random redditors are telling you in the comments. You're giving me the impression of somebody who should really only be purchasing SPY and maybe a few individual stocks here and there, absolutely no options. But be my guest.
Why buy SPY when we have SLS
SPY flatline on robinhood . no one care about kospi
Got tired of the wild swings with semi stonks so switched to SPY calls instead at 735 🥸
You should but SPY and QQQ options can be trades for upto 15 mins after expiry
> but its not, its a proxy for the index Not just that, it's meant to track SPX at approximately 1/10th the value of the index. So, if SPX is at 8000 then SPY should be 800. Just clarifying that there are other ETFs that track SPX like say VOO, but SPY is unique (as far as I know) in that it's meant to trade at 1/10th the value of the SPX.
ELI5 version: SPY and VOO and other funds are supposed to track their indexes in the short term (and long term) but need to be rebalanced, which means the size of each company inside the fund needs to be slightly increased or slightly reduced. For most, that happens daily. But during the day, people are free to buy or sell them at whatever price market makers are setting between (and based on) the bid and ask price. Any time something is freely traded, the price will move up or down with supply and demand. (ex: GOOG vs GOOGL are functionally the same, but often have different prices because no market is perfectly efficient) When they are rebalanced, however, the price may change a bit to reflect the actual prices of the individual companies inside. Also, some funds don't try to EXACTLY follow their index—they are designed to approximate the underlying asset (thing of value).
SPY looks like it wants to dick around 741-736 all week, finding a different play
ETFs is the best picks. Basket of companies and don’t need to guess who will win 🥇. SPY VOO SMH SOXX you can’t miss. Actually best guidance is look for an old video of the market in Wall Street you will actually see what tickers survived and I bet you will see in any video before 2008 or older SPY and SMH for Sure….
Had a bunch of SPY calls from Friday. Sold em for 126% gain. Save just a few to ride for the 4th. Let's see.
Koreans will accept today's gift from Axios and sell everything they own tonight LMAO. KOSPI will be down 5% and SPY back to 730.
Today is the days the new bers learn that SPY does not flash crash EOD lmao
It’s brings me great joy to announce that Iran has never been so prosperous after a belligerent bombing campaign carried out by the great United States. It’s with this joy we are announcing the memorandum of freedom for those willing to participate. I and a very special Iranian representative (to be selected shortly) will be tying a red and blue bandana together in a sign of peace similarly to the Crips and Bloods. Thank you for your attention to this matter. SPY rockets to 775 intra day.
So when the contract expired I had the obligation to buy 100 shares of SPY at $733 each for a total of $73,300. Normally when the contract expires the broker will close and the user will only lose a couple of bucks. But something happened in their system. When I checked my account there was no 100 shares of SPY to sell back to the market but the broker still alledges that I owe them $73,300. This is a technical fault on the broker's side. Also I only have a cash account of $2000 USD which makes naked puts impossible to buy buy their system still went through with it.
The short answer is that it is impossible to make money trading SPY against SPX. If you think you've found a way to do it, you've misunderstood something about how they work. E.g., SPY has dividends, but SPX does not have dividends. However, the cost of dividends is included in the SPX price. So, you might be looking at /ES futures in contango (i.e., they are trading higher than the current S&P 500 index price) thinking that you could make money buying SPY and shorting an equivalent dollar amount in /ES, but you'd be wrong.
SPY down 58 cents. Shorts in control
Idiocracy sequel: “buy SPY to hedge the put I sold”
Pretty sure that you are misunderstanding something or you are lying. 1 contract put SPY 733 expiry 6-25 no matter when sold is not out of the money $70k. What details am I missing?
5 year SPY return is 75% that’s like 2% a year inflation adjusted
Apple will miraculously rise to 286.5 tomorrow; SPY will kiss 748.78. I have calls for both, and I will still find ways to squander em all 👌🏻
I WANT SPY TO OPEN AT 728 TOMORROW SO THAT MSFT CAN OPEN AT 390 (it inverses SPY. Many such cases)
Because SPY is an ETF designed to track the index which regards can buy and sell with Arbitrage algos eventually kicks in and balances things out
Looks like SPY bounced off the key June 9th support level. Without some seriously negative development, we probably keep grinding upwards to new ATHs again.
Looks like SPY bounced off the key June 9th support level. Without some seriously negative development... We probably keep grinding upwards to new ATHs again.
| Ticker | Target | Entry | Current | Move | Expires | |:---:|:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $735.00 (below) | $739.61 | $740.64 | -0.6% | 16h 6m | | **Record** | 0W - 2L | 0% | - | - | - |
Shoebody Bop-ing SPY to 750.