SPY

Inner-Platypus-7534

SPY is up 15% in the last year, is that not a bull market?

2016KiaRio

You're swingtrading and the past 3 months of SPY have been the most ideal market in a while to do that. Blowing in an environment like this where your only mission was to fight the trend with weeklies, is ridiculous. Your root cause is the 0dtes but it seems like you've already figured that out. Deposit to $3-500 and go as far out dates ATM as you can, hold till green. Once you get to $1300 or so where you'll get 3wtes you can start adding more contracts and occasionally go down to 10dte 2 contracts till you can do 3wte 2s. You got this, PM if you need someone to keep track of you.

DiamondG331

For example, I sold an IWM IC for $.54, it’s currently worth $.33 37% gain. Monday that will be over 50%. My 3/4 SPY trade I put on yesterday I sold for $.44 and is currently $.32 28%. As far as Red goes, if say SPY is $685 and I add a IC $10 OTM and it goes up to $692, my $.44 credit is now upwards of $.60, it may continue higher or I’m holding a day and a price drop to hopefully buy back for $.44 to close out even. On average, 40% profit, some can be losses, some I’ll close sooner for 10-20%, I added a ton of DIA call spreads when it hit $497, those I held for 80% gain etc. Generally by the second day if the underlying is still within range, you’re up 40%.

alemorg

Historically SPY is at record levels of being overvalued so most stocks don’t trade at its fundamentals. Ionq is trading more like a momentum stock. Recessions bring back stocks closer to their fundamentals though. I’d say less than half of its current price.

midhknyght

You mean SPY options right? (SPX options are Section 1256 across all brokerages). You can actually call E*Trade and ask them about SPY but I’m 99% certain it’s 1256. Basically, E*Trade considers any options on an ETF based on an index is considered 1256. Just be mindful of the straddle rules with 1256.

harmanwrites

are the 0DTE SPY trades part of a strategy or straight up feeling it today type lottos?

sixes-sevens

SPY puts. Up to my nipples, maybe even a little past the nipples.

bearhunter429

#It's year 2050. SPY still trading in a tight range between $680 and $700. On other news America about to attack Iran. LMAO🤌

T-WrecksArms

I’m doing well this month. Up 169%. If you want some regarded advice and my potential next move, it’s puts on SILV. waiting for my next entry which will be when market shows some semblance of a bounce. You can see the SPY range has been between $677 and $697 so just buy puts near the top and calls near the bottom. Seriously I don’t think it’s gonna go out of this range for a while. It’s hit these same levels 5x over now.

gls2220

I don't know what you mean by width. The IC you described on SPY is 1 wide, not 12.

Impressive-Mud-3362

SPY and QQQ did react after hour

hermeskino715

What made SPY puke?

Sure_Leadership_6003

I don't know if there is a study done on the different volume effect on trading XSP vs SPY, but I know for sure I am paying less tax on XSP(SPX) and there is no assignment risk overnight. My recommendation is to go with SPX first, but if I have to I would pick XSP over SPY. I am just curious why traders think liquidity is a better benefits over 60% LTCG and taking away the assignment risk. I can see if XSP only offers weekly. I am not willing to die on the hill of XSP vs SPY since I don't even trade XSP anymore, if is working keep doing your thing.

Cav829

SPY has dumped a dollar since I went to my brother’s birthday dinner. I guess some people finally looked at the metric shit ton of potential bad news this weekend and decided not to touch that.

FuckElonMuskkk

Hey guys ive been out of the game since this day in October! Im hoping my long dated SPY calls are deep itm. Can anyone tell me how much we've gained on SPY since, while I reset my robinhood password?

DiamondG331

I will trade XSP if for instance the S&P goes back up above $7000 to place ITM spreads as there’s no risk for early assignment. Additionally you will on average receive more total credit selling 5 $1wide SPY credits than 1 $5 wide SPX credit.

0DTEKing

This week was good for 0DTE SPY and QQQ

Sure_Leadership_6003

XSP is not quite as liquid as SPX or SPY but it is still more liquid than half of the large cap stocks. I don’t trade it, I used it for my baby account but now I just use all SPX, mainly due to less fee. 1 SPX vs 10 XSP contracts, if XSP would cause an account to die when shit does wild, I don’t know if SPX or SPY will help. Actually it is probably better compare to SPY since there is no early assignment risk.

Gom_KBull

There so many obv easy gains around today. But so many dumbass bols staying in NVidia, SPY,QQQ, GOOG, etc like stupid domesticated turkeys staring up at the sky, mouth wide open during a rain.

Pizzapimento

Keep a hedge of some sort. SPY wont trade range-bound forever, and you do not want to be caught with your pants down

hallett21

!banbet SPY -2% 5d

hallett21

!banbet SPY -2% 7d

DiamondG331

Yes but it’s important first the understand how condors and credit spreads work. Plenty of info online and YouTube. Around 11am, SPY was $685, so I sold a call credit spread of $696/697 and also a put credit spread of $668/$669. Receiving a $.44 credit. As long as SPY stays above $669 and below $696 by expiration, I keep the credit or buy it back ideally at a lower price than I sold it for. As long as nothing crazy happens over the weekend, should be up 10-20% Monday, 30-40% by Tuesday, and I close. Monday I’ll do the same thing for Thursday expiration and so forth.

vermilli21

This range is giving correction vibes. It needs to hit 650 to go to 700. Shots been here for 5 months now. Last 3 months and SPY is only .84% up. What a fucking 🤡

Ok-Piano8789

ayo SPY aint happy AH lol

GuyFaulks77

I refuse to play SPY anymore until it’s outside of $675-$695

hermeskino715

LA weather acting like SPY with the intraday V lmao

DiamondG331

Well if the market moves against you on the day you add the spread, a little more overnight, and up the next morning, you’re at a loss. It can happen, even $12 doesn’t make it a guarantee. Generally with SPY at 5dte you can comfortably get $.45 credit going $12 wide. If you have $1000, you can put on 5 condors. Make a couple hundred bucks, then you can put on 6-7 etc.

DiamondG331

I have been waiting an hour or so after the market opens to see how much say SPY has moved. If it opens at $690 and is going up, I’ll wait, or add the call side first. Today was the perfect day to put on condors. I could comfortably go to $695, not worried about breaking ATHs here and plenty of room for downside.

hiphopanonomos

Predictions for Monday SPY open?

Zyklon_Bussy

Fine, I’ll banbet my weeklies I plan to sell Mon/Tues (mods are cunts) !banbet SPY 700 7d

Zyklon_Bussy

!banbet SPY 694 4d

hiphopanonomos

Switched to international ETFs late last year and already up over 20% Im so glad I ditched SPY and QQQ

OnceALoser

While we are sweating at SPY 20% return, Korean stock market is up 100% in the past six months.

Zyklon_Bussy

!banbet SPY 694 7d

bearhunter429

#SPY been flat for the last 5 months LMAO🤌

l3ft2r0t

My fault, it is a cash settled option (SPX) rather than a physically settled option (SPY) cash is exchanged vs stock is exchanged so they allow trading until market close because they don’t need time for trades to settle

hacking99percent

If you put 10% in each stock, you would be down 3% YTD, vs SPY is at about 0% YTD

Interpersonal

I don’t think I missed a single trade this week. Sold puts at open and bought calls this afternoon which looked dicey for a bit, but came out way ahead before close. Took a lot off the table and sitting on mainly cash with a few SPY calls still for next week. January was a bit rocky, but February has been nuts.

Tiiinygecko

Word on the street has thar SPY will be up 2% if Iran attacks itself, and the supreme leader announces he's getting a sex change...👍

pmotiveforce

The hedging bear's port: SPY straddles for next Fri, shitloads of GUSH, gold, and silver, foreign ETFs. Need some crazy shit to go down.

BearContra

SPY death cross and regards here are buying calls lmao

PatrickSebast

Hot take: AI does significantly increase the speed and efficiency of software development and that employment market is likely still in for a massive crash. As tech firms need less people demand/wages will crash - but in the end this will be more cost efficient and good for SPY. We will just have to replace "Learn to Code" with a new hot phrase. Learn to Plumb or something idk you guys can figure it out.

Comfortable_Tea9824

Will SPY be down 2% on Monday if Iran strikes??

Saltlife_Junkie

Holding NVDA and SPY calls. Will be a weekend of prayer for me.

Broad-Belt-5888

Damn I made 11% today on SPY calls that sold for the high mark of the day 20 seconds before close. Which sucks cause I was driving home and meant to cancel the order so I could make 40% at open Monday when it opens green

InIce1234

Buying a house in Simbabwe in preperation to WW3. SPY new ATH soon.

JayRoo83

0.02% move for the week on SPY 👏👏👏👏

magneticpasta9

That's how you avoid the bubble, remember NVdas earnings before this, before NVDAs earnings whole market took a shit, that was.the index dumping it's exposure to NVDA, it realized how exposed the entire system was to one companies earnings. then NVDAs earnings happened, the next day it came down, spy started it's recovery, and NVDA started declining and stagnating, not coming up violently how it was before. SPY decreased it's massive exposure, avoiding a bubble. "Each bounce money gets rotated" that's not a problem, that is how it is designed to work, if it didn't work, we would have spiraled into problems a long time ago. This only failed once when they first started the algorithmic HFT, in like 2010or 2014. Since then it has worked flawlessly. It is a system that scraps every piece of value it can, as safely as it can to the brink of certain collapse without reaching there, then systematically avoids it, and keeps as much extracted value it can. Look up blackrock's Aladdin supercomputer that has been doing this since pre-2012, we don't have info on how much more it has been updated since then, what do you think it does now?

Nota-downer

Since the SPY chart made a perfect W today, Monday we will be green. I don’t make the rules, it’s written in the stars.

WizzySizzy

I bought Mar 3 SPY 684 puts right at the top of the midday bounce and was in profit all the way until an hour before close. WTF WAS THAT CLOSE? And what’s a stop loss?

DeltaNeutraltrading

SPY Ride and SPX Best Trades. One is based on Calendar Spreads and the other Broken Wing Butterflies with a Vertical spread.

Same-Brilliant2014

8 mins, do i buy SPY puts ahhh

LiveMotivation

SPY puts for Monday. Missiles fly this weekend.

DISAPPOINTING_FAIRY

can't wait for war with Iran to send a bunch of individual stocks flying up or down while SPY sits there flat

Sick0h

SPY acting like it never even met NVDA.

Abs_of_steel

AAPL slammed into the abyss while META pumps to heaven. SPY still confused. More at 11.

ksyoung17

Wish I was better with AI so I could really show myself how many days SPY/QQQ establish a range in the first hour, and that's where we end the day.

gamjatang111

yup we still cant go below 680 on SPY and 600 on Qs

---Right--Tackle---

#SPY 700 is the greatest edge job of all time

WSB-mods-are-

All I know is when SPY finally hits 700 this fucking piece of shit site and server will crash so we won't be able to celebrate it

virtual_adam

Rhetoric is always all over the place Go back to liberation day Everyone against Trump was sending out wire announcements: Trump is destroying your 401k! Meaning - the stock market is important Now back to today - let’s theorize somehow the market is able to hit Dow 50k AND SPY 7000. The the same people who were going on and on about Trump is erasing your 401k are now saying - the stock market isn’t an indicator, REAL AMERICANS are feeling the pain And these are the metrics always used by both sides, depending on we are/aren’t in control, stock is up/down **We are in control + stock up** 401ks up, 62% of Americans own stocks **We aren’t in control + stock up** Most Americans don’t have a 401k, Joe the plumber doesn’t get anything from stocks going up **We are in control + stock down** Greedy corporations are destroying America **We aren’t in control + stock down** 401ks down, 62% of Americans own stock

pmotiveforce

SPY Straddles locked in for next Fri. Don't know where we're going but feels like...somewhere.

Cav829

SPY just bought a stake in Open AI. Drill it.

zuziannka

Man I got saved by that SPY pump thank you to whoever bought

Worried_Quarter469

Iran attacking SPY

Big-News-2704

MMs have to keep SPY pinned at 685 for max loss on calls and puts

Austin_Destroyer

The angry candles are lit! SPY wants to steal your poop!

hermeskino715

If you hold out here SPY, I'll be proud of you. Don't dump too hard

NewComplaint2065

!banbet SPY 679 1w

Ok-Barracuda39

https://preview.redd.it/d8ehxp8ik3mg1.png?width=303&format=png&auto=webp&s=b69e6e725839c08df8704d3fa70655444e2e53d8 SPY still has 30 minutes to do something really fucking funny.

looool_k_libtard

Anyone bullish on the markets is delusional. Once money leaves these stupid defensives SPY is going to crash 50%. Tech is going to have a 2x dot com bubble crash. All banks will go under and FDIC won’t pay out any money as the federal government is insolvent. Good luck getting jobs too once companies lay off 60% of their employees.

Crazy_Donkies

I made a post in this thread this morning that if SPY touched $681.50 I'd buy puts thinking it would dump to next support of $677. It touched $681.74.  I had the buy order ready to go and thankfully Schwab shows the live data.  It jumped off that $681.74 and I walked away.  2 more seconds and I would have lost $5k in literal seconds.  

DCHamar

People tell me to get out of my comfort zone and my answer is SPY November 2025 - February 2026

aaapod

SPY $2 candle nothing to see here

BrandonLeeOfficial

SPY yearns for war.

WSB-mods-are-

Imagine if you held SPY calls overnight and then bought SPY puts 30 mins ago lmao

IndependentUsual7444

SPY closing green bers cooked

hermeskino715

But seriously what's pumping SPY right now? Holy shits

spsteve

Bull trap. Fake move... look at the underlying index being tracked.. SPY was just leading it lower because it doesn't balance back in real time.

ImpressiveAmount4684

SPY 700 is a myth

FarWay9137

We thinking SPY 686 or back down from here?

spsteve

Two things; 1) Funds have rotated out of NVDA or 2) SPY is just catching up to the index it tracks.. it's a little out of line... not a real move, but more balancing showing up. Or it's a great big huge pump fake... NVDA is well away from max pain so wouldn't be surprised for a pop into close.

Acceptable_Dirt69

SPY: flat Regards: utter shambles

baadllama_ghost

SPY gap fill to 688 is literally free money

PropheticMurmurs

How can Jensen be inversing SPY when he's like 8% of SPY?

Zyklon_Bussy

Banbet! $SPY 694 7d

ratfukabich

Outlook doesn’t look great, but at the same time it’s -20% ytd already. I think the AI trade is a concern, another Deepseek scare or further negative reaction to NVDA will drag it down. Block laying off 40% hurts since it shows significant workforce reduction, which translates to less people using MSFT products. Consider it’s a mid-term election year. The S&P500 has dropped on average 18% in the 12 months prior to mid-terms in the last 100 years. This would put SPY at ~$560 (currently $684). I can’t imagine MSFT avoids that downside if it comes for indices. Also weigh ongoing political uncertainty (🥭 drama and his influence on a new Fed Chair). I think the next 9 months are going to be rough sailing, hopefully some clarity comes with mid-term results. For now I’m making very small options moves <1 week to expiration, taking advantage of volatility while not getting locked into anything.

Sick0h

SPY and NVDA now move inversely

Financial_Ad1048

!banbet SPY 695 5d

Financial_Ad1048

!banbet SPY 692 5d

Financial_Ad1048

!banbet SPY 690 5d

eyerollingsex

mfs was thinking SPY might hit 700 by the end of 2025 💀

eyerollingsex

If you turn the 3 month SPY chart upside down it’s the same chart

BatChemist

Can anyone of wsb regards buy a put, so that SPY will inverse back to 658 EOD? Thank you for your attention to this matter.

bababooey7

What we think SPY gonna go up the last hour? Max pain is 689.

zuziannka

All i need is one god pump on SPY

abcxyz2357

!banbet SPY 0 1d

Ok-Barracuda39

I won't be scared unless SPY kisses 600 again. Then, it might be time to worry about food on the table vs buying the dip with everything.

nknk_3

How much did you lose? Lost 500 on SPY calls