SPY

Unitedtendies

Ber in trouble. SPY $440C Fri exp

ExistentialDuck1

While some believe the markets will rally tomorrow due to the averted gov shutdown, what they don’t realize is that the markets don’t like uncertainty. Yet another ‘last minute’ bandaid fix to kick the can down the road is just asking for another downgrade, likely sparking more bond sell offs. SPY will gap down tomorrow premarket & close at 420 or lower. This of course is the logical thing that will happen, so just inverse this, buy calls and be a happy regard when SPY jumps up to 435🤪

Trailer_Park_Sprvsr

Buy SPY 0dte

bullsrfukt

I wonder what happens if I make a 🅱️an🅱️et for both SPY go up and SPY go down.

SolomonKings7

Tomorrow: Chadsdaq +3% and SPY +2%

derprondo

Sounds like it's time to move the rest of my portfolio into a money market fund. I already moved about 75%, but I've still got long term SPY shares, weed stocks, and some heavy pharma bags.

Revolutionary-Win485

So my SPY calls 432s, and even 434s have a chance?

TheOmniverse_

banbet SPY 1000 1d

Yogurt_over_my_Mouf

My Dad works for SPY , he said they have stopped hiring Bears cuz it's holiday season, and Bears are depressing. looks like it's a bulls market now :)

luckypotato13

>!banbet SPY $100 1d !banbet SPY 100 15m

luckypotato13

!banbet SPY $100 1d

Gadshill

Predict SPY to 100 in 24 hours.

Revolutionary-Win485

I torched my account 30 times in the last 90 days. Options play, 90% of the time was making money at some point, sometimes big money sometimes small, and in the end all options ended worthless. I thought about posting every play as I entered it to help some of you who have more control and will probably benefit from my stupidity. Let me know what you think. For the record I bought 107 SPY calls of 432 expiring Monday

Effective_Hope_3071

!banbet SPY +1.2% 2d

BigBoiBenisBlueBalls

There’s a high chance SPY opens up at 455 tomorrow

username_failures

Yeah it works bro. Just do your own research. I’ll have a winning trade any day now. Did you see how SPY is forming a rising cock and balls pattern? Bullish!

cheaptissueburlap

never again they broke the SPY when they added ODTE on every single mfing day

nycf1

https://preview.redd.it/jmq116gbmkrb1.jpeg?width=1170&format=pjpg&auto=webp&s=87c9e76834712b8bab54413d2f410ad041cba744 I stopped screwing with penny stocks and started trying SPY. Some 0dte but mostly 2-3 days out.

DesignerSea494

My life got so much easier when I just started buying up SPY whenever there was a dip.

ITechTonicI

How are you posting if your phone is broken, and you’re too poor for a PC? 🤨 And this isn’t the sub for this type of scam. I only fall for the SPY 300P scam

AK824754816320452

Congrats on starting your journey investing! The most important thing you can do starting out is buy what are called index funds. Here are the three most popular and largest funds in the world by assets under management: 1. SPY - $402B 2. IVV - $339B 3. VOO - $323B Not surprisingly, all top 3 funds track the most popular market index in the world, the S&P 500. It comprises the 500 largest companies in the US. You can read about it here: https://www.investopedia.com/terms/s/sp500.asp When you buy any of these funds, you essentially buy diversified small pieces of the largest, most profitable and often thought to be most stable companies in the US. As you learn more about the stock market, you can gradually begin buying stocks of individual companies but it is almost universally recommended that you start with index funds as they are generally far safer and offer the best returns for new investors. Best of luck!

AK824754816320452

Congrats on starting your journey investing! The most important thing you can do starting out is buy what are called index funds. Here are the three most popular and largest funds by assets under management: 1. SPY - $402B 2. IVV - $339B 3. VOO - $323B Not surprisingly, all top 3 funds track the most popular market index in the world, the S&P 500. It comprises the 500 largest companies in the US. You can read about it here: https://www.investopedia.com/terms/s/sp500.asp When you buy any of these funds, you essentially buy diversified small pieces of largest, most profitable and often thought to be most stable companies in the US.

Hwangoutpltr

#TREE SMOKE *SPY 430 by open*

LiquidatedAF

SPY $440 Monday lol

No-Replacement-8297

Mike Wilson SPY 360 Dreams 

Lionel_Hutz_Lawfirm

SPY sucks for options. It's more of a gamble than any other ticker out there.

LukeSkywalker4

He doesn’t know what he’s doing. I was part of his action alerts and paid 599 a year and he made 14 percent return but if I just had a SPY fund I would of made 20 percent thst year. I traded 20 times and just having a SPY fund I’d of beat him. He doesn’t know how to trade. I know he supposed to have been a hedge fund manager but I’m not sure how he did it. He is entertaining but if you buy what he says you’ll lose all your money.

McKoijion

I'm 50/50 on whether they're a real person or bot that flips based on how SPY performed most recently.

PkmnTraderAsh

lol, 2nd top is in February '24 on the chart above mate as the above guy narrated: [SpicyEscovitchFish](https://www.reddit.com/user/SpicyEscovitchFish/) · [13 hr. ago](https://www.reddit.com/r/wallstreetbets/comments/16w0fni/comment/k2vk098/?utm_source=reddit&utm_medium=web2x&context=3) EOY rally 2023 followed by confirmation of a hard landing and a commercial real estate scare in the first half of 2024. SPY breaks 350 by September 2024.

throwthis_away2

!banbet SPY 420 5d

throwthis_away2

!banbet SPY 423 5d

HondaDAD24

!banbet SPY 436 2d

HondaDAD24

!banbet SPY 436 1w

HondaDAD24

!banbet SPY 436 1 week

frnkcn

You are monitoring flow in real time by looking at every trade. It's not computationally intensive and can be done in vanilla python even if shit is popping off and SPY floats around ~3m oadv.

HondaDAD24

!banbet SPY 436 96hrs

iGetBannedOften

Plenty restaurants that opened on the streets during Covid kept their outdoor seating after Covid, I guess that angered God and he sent a flood to wash them the fuck away SPY $500 EOY

AvariceRu

i for one, am ready for SPY to reach ATH every day yet again

throwthis_away2

Government stays funded, watch SPY still close -2% Monday lolz

Longtimereader69

SPY $432+ possible Monday?  429c 1DTE about to triple?!

TCPConnection

I hate being a virgin. Maybe some SPY Calls will get me laid.

frnkcn

Guesstimating net MM inventory using skew is gonna be noisy enough that it's gonna be useless. Guesstimating from printed trades is not expensive and is more or less how the pros do it exactly. I can almost guarantee you trying to generically forecast SPY spot using OMM inventories is gonna be wasted effort though I guess it'll be a good exercise for you to build something.

wallstreetbets-ModTeam

Thanks for your submission! r/WallStreetBets is ultimately a community about making money through trading, and our conversations should shift around that. Politics are fundamentally intertwined with making money, and political actions almost always have an impact on financial markets. Still, we need to make sure that when we have these discussions, we're explicitly calling out the financial impacts of the politics we're discussing. Otherwise, the conversation can very easily veer off into flamewars and boring, unproductive, discussion. Here's an example of a political comment that doesn't offer any value: * "I hate this new green policy from the Biden administration. What a fucking idiot" Now compare it to this: * "I hate this new green policy from the Biden administration. It threatens the profit margins of oil companies because they will need to expand their OpEx. I have calls on Shell that are going to get decimated at open." The latter is significantly more interesting and offers a great jumping point into market related discussion. Put succinctly: If you choose to start or engage in arguments about libtards or Nazis instead of making fun of their bad SPY long then you're in the wrong place and we'll show you the door. If you're not sure if your content is political, it probably is, and there's probably a better way to post it without making things weird. --- All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers. If you need some guidance, don't hesitate to [reach out to modmail](https://old.reddit.com/message/compose/?to=/r/wallstreetbets) and we'll give you some pointers!

TheDoge420

SPY 420 wen

JHogg11

>What you can do is subscribe to OPRA feed as a non-professional and use trade logs to guesstimate whether MMs are long/short on each trade and aggregate that to get what you're looking for. Whether you use market mid or a micropriced mid for the trade logs is gonna make your aggregation a little less noisy but in either case market mid will still be good enough if there's enough volume. No matter what you do the net measure will still be somewhat noisy. The reason I'm specifically interested in skew-adjusted GEX is to be able to get point in time estimates of GEX rather than having to evaluate every transaction. I know that I can get EOD options chains, but trying to get every transaction on a historical basis I'm sure is extremely costly, both in terms of paying for the data and trying to process the transactions for the purpose of determining GEX. >That said personally I've never seen successful systematic strats taking advantage of net MM gamma exposure that weren't incredibly reliant on events / regimes. I would probably start with GEX for the SPX/SPY to see if it at least has any predictive power in terms of avoiding drops, but spending a bunch of time to not add any value is definitely a concern.

aomt

Going all in in crypto might bring you most cash - or might kill your port. Options is the second "best" choice. Than stocks. Than bonds. However, if you add all 3 of them, depending on balancing, you might achieve the exact same expected returns as with stocks only, but lower the downside substantially. As well, SPY YTD is really not a good measurement when we talk about 20y investing perspective. Look how nikkei did for the past 30 years. They had really amazing 2023, but before that 30 years of stagnation. Is there any guarantee SPY wont experience the same? In 1990 no one (so to say) could forse nikkei stagnating, it was "stocks only go up" approach.

scavoyager

SPY usually rallies on October correct? Any insights on this or when it will happen?

ListerineInMyPeehole

SPY 500 soon mmkay

RicerX-16

Bro isn’t the point of this whole fucking sub to make easy money buying 0DTE SPY calls?

FinerWine

Work your way to being an unloader at Costco and make $35-40 an hour. You’ll beat your day trading daily average quickly. Keep renting the room you live in and keep expenses down. Forget about day trading and just put any savings into a Roth IRA and place some simple long term bets in boring ETF’s or whatever. Even if the market keeps trading sideways forever, by the time you’re 25 you’ll have more money than most of the people your age. Buy a Toyota Corolla hybrid or Prius once they release solid state battery models and use this car for the rest of your life. Never buy a house. Only rent and just save a bunch of money and put it into your retirement in a steady stream. Make a game out of your life being boring and ignore any feeling that you need to be on a grindset or that you need to become rich. Let everyone else around you play the game while you sit back and watch and enjoy the simpler things. Buy a king size bed. Eat moderately healthy foods. Work out once or twice a week. Drink water. Save up for vacations but never overspend when you’re on them. Sit outside at a park and enjoy how beautiful the world is before it’s crushed by the large incoming stream of cataclysmic environmental events. And then, at the age of 40, take half of your savings from all of your life and bet on a few 0dte SPY plays. If you lose just laugh and keep living, you’ll still be in a better place than most everyone else financially. But if you win, you’ll have some extra fun money to take you to the off world colonies or permanent VR end of life experience.

Ka12n

So my 5 SPY428C for Monday are going to print?!

sponderbo

!banbet SPY 444 6d

Thetruetruerealone

Made a killing playing around SPY $430 resistance. Weeklies and 0 DTES depending on the price action, some times both. My Roth IRA which is mainly SPY got skull fucked but if it goes to $420 which I believe signals a bearish trend then I’ll be looking to do some cash secured puts.

majiinmoo

there were people here that got puts at SPY 422 

LegendsLiveForever

I bought 5 x $431's $SPY calls for Wednesday exp. Thank god :D

Kind_Relation2508

Idiot posts about government shut down in 2008 with SPY going down 8% in one day. Didn’t happen this time, bers ded

the-florist

Let me get my SPY calls In first

Ok_Good3255

Because even though the SPY is down a few percent since last month, it is still up almost 12% YTD.

Reduntu

The one metric to judge your success should be annualized returns. Not weekly or monthly returns, or even just one year. Until you have several years of annualized returns better than SPY, you remain an inexperienced noob.

majiinmoo

Who has Robinhood 24/7? What's SPY at right now???

majiinmoo

what's SPY up right now? Are you looking at RH?

-Right-Tackle-

Save bear lol SPY was down 5% this month 🤦🏻

Revolutionary-Win485

SPY will be red af on Monday cause I bought calls. Simple.

majiinmoo

WEEKEND DOW PUMPING It was what was dragging the SPY down. MY CALLS ARE FINNA PRINT

thatstheharshtruth

Wait! The risk free rate is baked into option pricing of SPY one of the most efficient ETFs? What a stunning discovery!

7maryneekek

No one can ever be 100% sure of anything. I was watching the chart and the entire market all day long nonstop and I knew that it could potentially bounce as QQQ SPY and TSLA were at support levels around 2pm. Saw the dxy starting to pull back at the same time and took my chances at a bounce. I was down about 8k on the trade at one point as I was DCAing but had a pretty solid hunch

Berrynibble

<rant>As if it's not bad enough with corporate residential ownership. Geez. Own nothing, and not living in US, and still can't help but want to leech off the poors renters. I really wish the market corrects in a big way with interest so high and a recession potential high plus gov shutdown ... </rant> Initial investment: Purchase price + closing (2k) Annual spend: insurance 1%, tax 1%, maintenance 3k over the ownership time horizon deducted from the rent you think you will fetch. If you value your time and headache, you should also dollarize that as well Closing: after however many years you decide , how much do you think the property will appreciate (above the current inflated prices) - agent fee (5%). - capital gains. Will give you an IRR. Compared that to SPY average return. It is not a given that property is always a superior choice

eucIib

What we think SPY doin? Will my November puts print or should I cut my losses?

jacktalcum

SPY 380 eow

dinkerdong

SPY is liquid, regards

Available_Set_9706

Pls explain to me like I’m 5 lol. Didn’t SPY only gain a small amount last weekend? And then didn’t it gain a little again in the mid week? How come it had such a drastic impact on your investment and why was it only one sharp dip rather than two for you?

Ok_Dragonfruit5774

Hello, What instruments are you using? 0dte SPY calls?

Ok-Confusion-2368

SPY Call Roll Strategy - Buy a SPY call 30 days to expire, and when you lose, keep rolling for the rest of your life

Available_Set_9706

Interesting. So you’ve been betting on SPY on tanking basically and it’s paid off?

Base5ive

So basically stick with SPY 0DTEs because NVDA is too risky & you can get stuck in long term trades...and buy Powerball to hedge. Makes sense to me.

iH8Cucks69

SPY is not a meme stock 

SpicyEscovitchFish

EOY rally 2023 followed by confirmation of a hard landing and a commercial real estate scare in the first half of 2024. SPY breaks 350 by September 2024.

Ok_Wafer_9926

Cramer is right 👍🏽 All time high incoming for SPY.

TCPConnection

I like SPY because there is always a chance any losses will be recovered. SPY just moves like that. For example, yesterday my puts went from -40% to +20%

paulc19802

TA doesn't tell you what's going to happen it tells you what is happening and has happened and doesn't care why. If people want to completely ignore it and catch falling knives cool. If people want to ignore the levels most people have historically bought and sold at cool. Even if you don't use any indicators and look at a stock and think "I'm not buying that because it's dropped 20% over the last week" guess what.. you just did basic TA. But using it in a vacuum is weird. If you make a decision to buy 0 DTE calls on SPY then the same day Powell puts the rates up and you lose all your money.. well then you probably belong here to be honest.

saysjuan

Volume, volatility and liquidity across multiple products (SPY, SPX, ES, MES, VIX, SPXS, SPXL, plus options products).

dankerbanker420

NASDAQ - a technology oriented index. in this day and age, these are the growth stocks. SPY/S&P 500 - a grab bag of various industries, measured by market cap. a general indicator of the strength of the broader economy.

Narfu187

S&P 500 is the top 500 public companies in the US, so it is the most representative index for betting on the US. Things like what JPow does is going to directly affect the overall US economy, so it makes SPY a popular trade for situations like that. Other indices are slanted toward a particular sector of the economy, so they can be subject to forces outside of an overall US economy bet.

AK824754816320452

Lots of discussion yesterday on value vs. growth, large vs. small cap. It made me think of something I've been meaning to post for a while. Some investors may want a diversified middle ground between what they feel is "pricey" big tech and riskier, volatile small caps. But they like the value tilt. One option is the **Invesco S&P 500 Pure Value ETF or $RPZ**. * Provides the strength, stability, consistent profitability required of inclusion in the S&P 500. * Provides a value tilt towards historically important factor themes such as low PE, high PEG. * Outperformed small cap value funds since pre-covid and over the last ten years. Although it has underperformed SPY, it has provided decent drawdown protection. Unlike many indices that dropped dramatically in 2022, it has retained much of its value. All in all, low volatility and protection from downside and value tilt but the upside and moaty power of large companies which may be favored in this environment.

ando421

Since this post 8d ago, up maybe another 4000$. Which is a blessing really because I had $SPY puts that expired Tuesday & Monday that got torched and I lost about 9k. Luckily Tuesday was another decimation show for $SPY and I made back that 9k + 7k more. Then I moved into calls for Wed/Thurs and they weren’t doing to well. Lost some $ there. I’ll just post a picture of the stupidest shit I did. I had 19 call option contracts expiring 9/27. At 210pm they were basically worthless and I sold them for 4$ a piece (76$) well of course, immediately after I sell, SPY goes on a rampage upward and they go from .04 to 1.60 in an hour. I just made 30k and I sold 19 contracts for 76$… as if that 76$ was so important I couldn’t just let it ride….. I NEVER do shit like that.. Only reason I didn’t sell 26 was cuz I was too lazy to cancel my limits. So luckily I held onto 7 and sold them around 1.50. And I had bought more calls right at the bottom. So I should be up another 10k or so from this post..but only 4K https://preview.redd.it/vd3f0hpjaerb1.jpeg?width=1170&format=pjpg&auto=webp&s=093164ed78b0f203d5ddd58d517d6ed33471560f

AK824754816320452

Lots of discussion yesterday on value vs. growth, large vs. small cap. It made me think of something I've been meaning to post for a while. Some investors may want a diversified middle ground between what they feel is "pricey" big tech and risky / volatile small caps. But they like the value tilt. One option is the Invesco S&P 500 Pure Value ETF or $RPZ. * Provides the strength, stability, consistent profitability required of inclusion in the S&P 500. * Provides a value tilt towards historically important factor themes such as low PE, high PEG. * Outperformed small cap value funds since pre-covid and over the last ten years. Although it has underperformed SPY, it has provided high drawdown protection. Unlike other indices that dropped dramatically in 2022, it has retained its value. All in all, low volatility and protection from downside and value tilt but the upside and moaty power of large companies which may be favored in this environment.

Top_Cut8805

If I understand the rationale it goes like this: if SPY is moving with momentum in either direction, the call or put will have increased in value rather than decreased due to theta decay. Therefore, this strategy rides momentum. I imagine there's a little more to it that what has been stated: time of day, distance SPY has already moved, proximity to strong support/resistance. So it isn't significantly different than riding momentum by looking at moving averages and price action. It's using the price of options as an indicator of momentum. Not an unreasonable additional data point to consider.

harrison_wintergreen

>Both accounts show rates of returns, but I'm not really sure what timeframes these are for so I'm not sure if I'm comparing like numbers. it's best to look at 10-year returns for the same period of time, e.g. Fund A and Fund B for 2010-2020. even then, you need to adjust for other variables such as 'beta'. 'beta' is a measure of volatility; the overall US market has a beta of 1 ... so a low-volatility fund with a beta of .7 is not the same as a highly volatile fund with a beta of 2.2. also need to consider valuation: a fund with a higher 'price to earnings ratio' might have a better short-term performance over the last 5 years, but over the long-term (such as the next 10-15 years) a fund with lower price to earnings is probably likely to perform better than a fund with higher p/e ratio. VOO is dominated by a handful of mega-large US companies. so it's also not a direct comparison for things such as a fund with smaller US stocks, or international stocks. the last 10 years have been foolproof for the S&P 500 but there are periods VOO is disappointing relative to other options. so it can be good to have at least a bit in other funds. an international developed markets index beat the S&P 500 about 45% of the time from 1969-2022. https://tweedy.com/resources/library_docs/papers/Dichotomy%20Btwn%20US%20and%20Non-US%20Mar2023%20Fund.pdf the S&P 600 (small companies) and S&P 400 (mid size companies) have beaten the S&P 500 over some long periods of time. https://contrarianoutlook.com/wp-content/uploads/2016/09/SPY-Midcap-Smallcap-20yr-Chart.png