SPY

fire_alarmist

Let me guess, you werent saying anything about feelings and what should/could happen at SPY 625 right?

AKOnDaTrack

I mean SPY is at ATH, what better time to buy puts

pink_ego_box

All the vertical Shrek dicks like the one on SPY always end up well, they never go back down in a fiery fire, trust me bro

kodaksdad2020

Show us on the chart where SPY hurt you

DeltaNeutraltrading

I hate 0DTE! I am trading longer dated options strategies... 70-90DTE. SPX Best and SPY Ride are my preference as they are delivering very consistent results. 0DTE is pure gambling...

Madsen13140

No more Mr NICE SPY on monday , bers!

AdOk3638

Tacoman, dont fk my SPY calls tomorrow pls!

Ahamadrayasbaboon

I don’t really trust corn as an indicator. Sometimes it follows SPY instead of the other way around. 

WorkingHorror99

!banbet SPY 725 7d

ImpossibleEnd64

Except SPY and QQQ are trash for selling calls and puts because of low IV If you want to make money with CC’s buy a high beta growth stock and sell weekly CC’s

madrox1

OP u can short SPYM since SPY is expensive. No need to use a put as u would have to worry about a strike price and expiration date.

polymanAI

Quick approximation: ATM premium ≈ 0.4 × S × IV × √(DTE/365). So for SPY at 711, $12 premium, 30 DTE: IV ≈ 12 / (0.4 × 711 × √(30/365)) ≈ 14.8%. Close to your 14.5%. Works well for ATM, gets less accurate further OTM.

VolcanicCupid69

Thinking my 710 SPY puts expiring Tuesday should print tomorrow even with 🥭 truth posts in the am

yofisherman123

SPY 742.0 tomorrow 

Mr_Canada1867

Beef 🥩 up 14% year over year up here 🍁 Every day becomes more and more unaffordable Solution to counter this? JAN 2027 SPY 800C

rollinhating

!banbet SPY 718 2D

RoyalFail6

!banbet SPY 698 12d

nzaar

You can’t find SPY? 🤔

NoChain2946

My $40,000 SPY Puts are going to print hard core. Thank you Daddy Trúmp

Powerful-Reaction607

!banbet SPY 730 5d

Historical_Bother274

SPY aside, what is the bull case for what seems to be countries running out of oil/oil products? Every day the strait is closed there is less oil reaching the markets and Asia and Europe are going to run out soon. Is the idea that reserves are enough until the normal flow would return?

king_of_all_retards

!banbet SPY 699 2d

kodaksdad2020

You want to buy companies that have a CEO that knows how to pump it even with things are shit SPY now has one

Suspicious_Place1270

oh, and put some in SPY5 to hedge in CHF...

Correct_Advice3457

SPY 007

Bagholder147

Should have bought SPY 730 calls for this coming week.

bigfan49

SPY beat my microcaps

amanj41

The irony that Gold been dumping with SPY lol

FinePerformance1046

I am the chosen one and I had a vision that SPY will be down 3.26% tomorrow (I actually saw this in a dream)

crudeoil-deville

Can't wait for SPY 630 by EOW

Philthatman

Lets see if oil gaps up meaningfully, if we just go back to 100, ill assume we pullback to 95-99 by open and SPY opens 705. This market is so fraudulent

Ok-Cut-6064

!banbet SPY 725 6d

CoatForeign2948

Yes but it’s the process of gaining wisdom. Hopefully I can beat SPY in the next 6 years

hegorachi2

I have SPY $715 CALLS for Friday, aM i gOOd? https://preview.redd.it/yo72qfl1i4wg1.jpeg?width=768&format=pjpg&auto=webp&s=4042118c4b7d44b6f40f15269da7a94cde5d6b0c

Superente_

BTC over 70k means we are still in a turbo bull market. SPY 800 eow.

rvanasty

Okay retails, you want the scoop? Bears have been slaughtered. Markets go up over long terms. Markets down for short terms. This vicious melt up has both sides trying to predict the next move. We're at an inflection point. End of week. Digesting is happening. People catching a breath and realizing the top 10 market performance of all time here. Now, the prevailing thought here is, 1. this melt has to END eventually. 2. there will be PROFIT TAKING DAYS. and 3. The Iran war is STILL SCARING LOSERS. Within the next 2 weeks, we'll fork hard down for profit taking but a step change is done. The 15% rally (32% personal) will not be given back quickly or as part of this event. Before that, SPY has a realistic shot at 750 and will CONTINUE TO SLAUGHTER retails who try to step in its way while betting on a negative outcome. Postive news by 4/22 will continue the moonshot. This WAS a once in a 20 year opportunity. The oppotortunity is NEVER over in the market, and in this case we have more melt to go. TLDR: Some personal positions - SPY 750C 5/1. QQQ 675C 5/1. AAPL 300C 5/15. NFLX 100C 5/15. NOW 110C 5/15. Up we melt, get in the way and get retailed.

kairepaire

DO NOT FRET, 🥭 will claim there are positive signs of progress in backchannels and SPY +3% pump is locked in on Monday

AerospaceTrader

SPY

Intelligent-Mess71

Short answer, not really “quick” in the way you’re hoping. IV is basically the one input in Black Scholes that you *solve for*, not calculate directly. So if you know price, strike, time, rates, etc, you’re still backing into IV iteratively, not with a clean shortcut. Closest thing to a rule of thumb is using the ATM approximation: option price ≈ 0.4 × IV × spot × sqrt(time) So you can rearrange it to estimate IV. It’ll get you in the ballpark, but it breaks down pretty fast outside ATM or when skew matters. Example, your SPY case, you could plug numbers into that and get something near mid teens, but it’s still just an approximation, not precise. Reality check, for actual trading you’re almost always relying on platform IV or a solver. And even then, what matters more is how IV compares to its own history, not just the raw number.

DuckSmash

I would allocate some away from VOO and into SPY. You should also make room to put 5% in IVV

SouthNice7324

Genuinely no idea what SPY will do. It should gap down, but will probably be flat. Hell, let’s see it gap up

CryptoAlien66

Sooo.... SPY to the moon?

Paul_Robert_

Petition to rename SPY to BUY, as that's what's been happening the past few days 💀

trustfundkidotaku

I swing SPY by buying strike 700 call for March 1 Lotto but I guess is a swing

InvisibleEar

VXUS is double SPY ytd you dope

Key_Instruction3373

Who is SPY?

Marcoos123

If spy is 710 at Monday open, would getting a 708P, 712C strangle 0dte be a good idea? Im going to buy both then hold to expiry because I'm in Australia with a 12 hour time difference (Im actually trading XSP because its cash settled but I said SPY because more people know what that is) Is there a chance that market could go flat on Monday? Or is there going to be a big move either up or down?

YerMomsClamChowder

Guy from work taught me how to execute options trades.  Told me NEVER DO 0DTE.  so I immediately bought 0DTE SPY puts and lost my initial investment.   Some people can't be helped until they're burned. 

tocinoman

Load up SPY 0DTEs Monday for the mortgage bond volatility, or use it to play long ball?

Cucumber_Milkshake

0DTE options do not get filled in pre-market. When you try to buy them, it will show 'limit order placed' and the order will open until 9:30 AM to get filled. However, options almost always change significantly at market open - this is because the pre-market prices are usually the prices the options closed at previous day. These prices do not reflect the change in underlying price during overnight and pre-market hours. Thus, if the options price increase at open, your order will not be filled. But, if the options price decrease, your order will be filled immediately (however, there is a significant amount of chance that the options price decreased because it is not going in the direction you want it to, e.g., SPY CALL price decrease at open because SPY opened lower compared where it closed yesterday).

jaypowwow

!banbet SPY 715.44 4D

Practical_March2024

Hormuz closed and SPY is still 710...Hormuz open SPY 750...repeat forever..so SPY 800 by Wall St MoFos is not too far fetched.

maeynor

SPY is up less than 4% since Oct 27.

Beagle001

The Strain has been opened and closed so much, it's not really relevant anymore as a news trigger. Oil pop will cause a drop on SPY till oil finds it's range, then SPY will resume it's illogical climbing again. My gummy just kicked in and that's what was transmitted to me by the owl headed god.

No_Turn5018

I'm not trying to be a dick, it's just that the stuff you're saying is so incredibly wrong I'm angry at the people responsible for teaching you math.  But no I'm not saying that's what happened. I'm saying that literally every company in the SPY can be off their all-time high and it's still be at this number. It's like you're trying to compare gas mileage with number of letters in the car brand. They're almost completely unrelated. 

RougarouGumbo

I heard they had enough left to yolo 5 or 6 SPY 0dtes, loss porn incoming

Tigulla_SRT24

I don’t mind crash or pullback as i been shorting SPY AMD MRVL CLS and down 2k already

yolo_astronaut

Is the rally already over? It’s been just over two weeks, and it wasn’t even obvious things were correcting until maybe a week ago. SPY is only up 1% off ATH.

WorkingHorror99

!banbet SPY 720 6d

WorkingHorror99

!banbet SPY $720 6d

JohanLiebert92

SPY 700 wen?

sftheory

!Banbet SPY $600 1m

Happy-n-Healthy

SPY 769 is not a meme!

VacationLover1

#SPY $420 is not a meme

DefiantDelta

SPY stands for Shorts Puts Yes

d33p7r0ubl3

Iran really messed up their bargaining chip. They were having the President crashing out with hilarious tweets. Now that’s all gone and SPY 750 EOY

qx2

!banbet SPY $698 7d

Rolling_in_the_Dip

!banbet SPY +1% 48h

Gloomy_Builder7134

!banbet SPY 690 3d

savemoney_god

!banbet SPY 700 3d

mindminermike

!banbet SPY 600 2w

buyatollah_kuminamy

!banbet SPY 650 2d

AsmallFluffyPanda

Alright SPY +1% minday

tinyboxav

recently, NVIDIA at 170 and MSFT at 364 and SPY at 634

SighRamp

SPY setting up same pattern as 2025

Soft_Repair714

Buy some farther put options on SPX or SPY. I recommend joining my trading group. Sounds like you could use more hand holding and they are good. Botostradingacademy you want to buy a range not just one. Like some that expire in a week a month, further. So you can scale out as they pay. However you want to be careful of entry and wait for confirmation. Monday could be a good day for puts. Come in we trade live everyday during market hours.

jj77985

No, i dont, but I also doubt that the all the other stocks within SPY are up enough to make up for the top 7 all being lower than they were. i didnt look into that, which is why I thought I would ask here, in case maybe someone else already did, since its not that important to me. a simple matter of curiosity.

music_is_gud

SPY red or green next week?

Peshmerga_Sistani

Your comment history suggests you're very new to options trading. You don't even know your way around the IBKR interface.   Asking if the limit price is for the stock price or contract price on a options chain. Same with asking if the stop loss is for the stock price or contract price on an options chain. You even asked how an out of the money SPY call became profitable despite it not hitting the breakeven. You are not ready to trade options. I highly recommend paper trading before actual trading. Good luck. 

music_is_gud

SPY 800 after its Q1 earnings (FOMC) **LMAO** 🤌

sunburn74

Generally agree. LEAPs as a stock replacement tool is relatively efficient. The main downside is the potential for total losses. The 10K loss you report with buying the shares is unrealized losses. You could just hold the shares and wait and perhaps the next year the price goes up. The otherthing i will say is that LEAP prices for many desired stocks are quite high and return only marginally better than the stock in most scenarios. Your example reported a 44% gain which is amazing on a stock. However the performance of the stock vs leap would be much closer if the gain was something like 10%. I personally think the people who should be buying LEAPs are people who mostly invest in SPY/VOO: everynow and then they should buy a 2 year LEAP. Buy the dippers should also buy LEAPs as well.

dataCollector42069

!banbet SPY 697 6d

music_is_gud

Fair enough. SPY ends next week up or down? Use options chain and what not to explain your logic.

music_is_gud

Give me a prediction on $SPY for the end of the month. Make a banbet.

rollinhating

Whats the odds at that mango will remove the blockade tomorrow evening/monday morning, and say the Strait is now open, and that a deal is being signed? And SPY moons +2%?

Available-Love8064

damn trump really pulled that one out of nowhere didnt he. was watching the futures tank all night thinking my calls were completely dead then boom everything just rockets back up. reminds me of 2016 election night when i had puts and got absolutely demolished watching SPY climb while i was sleeping. learned my lesson about betting against america that night but apparently some people never learn lol. crazy how fast sentiment can flip in the markets these days

Automatic-Scene5621

Correlation between opening/closing of the strait and SPY? A chart would earn bonus points

Odd-Block-2998

still profitable in the long run and likely beat SPY and QQQ

buyatollah_kuminamy

!banbet SPY 600 2d

mbathrowaway241

Let’s not forget on April 7th, 🌮 said “a whole civilization will *** tonight” and the next day SPY went up 1%. GREEN

According_History149

Seen a tweet from the big short guy "markets never seen a needle top" Argo - - > small violent and quick pull back shake out paperhands (both bulls and Ber) Mango tweets peace talks going well.... SPY closes ATH

TomBradysNightLight

!banbet SPY +3% 6d

wyudtix

Same. SPY puts gonna print

AmbassadorGloomy8915

SPY 702 Monday how do I banbet???

shower_optional

!banbet SPY 720 3d

itsnotshade

Doesn’t matter. A new rumor that it’s open will send us to SPY 720

Vulknar44

Seriously use ChatGPT, show it charts and as it to break it down..let it teach you how to read the charts but never use it to trade for you…once you learn the charts will seem to slow down and you will see things more clearly..I do SPY 0dte options and I plan to eventually buy shares in certain major stocks and ETF’s but for now SPY is the best, most simple and a quicker way to build but you must be disciplined on your exit strategy

No-Relationship8261

Bers still think with GOAT president of USA in charge, markets can go down. US could nuke Iran and we would still hit 800 SPY by the end of the month. What kind of delusion they live under I wonder?

kazkeb

SPY is gonna bust through stop losses on Monday like a bunker buster bomb

Micheal_Hancho

Yeah, like i said above, you can sell a 725 call and buy the 735 call for 5/29. The premium you get is the premium for the 725 call minus the cost of the 735 (which nets to about a $300 credit). You will typically have to put up the width of the spread in collateral (in this case $1000) so this will use about $700 in buying power ($1000 -the credit received). Say SPY is at 740 at expiration. Then the long call offsets the short call, and you will have to buy back the entire spread for $1000. But you got the $300 credit up front. So your max loss is $700. Because the max loss is defined you do not need to own 100 shares of the underlying. In the ideal situation, SPY would stay below 725 or even go down. In that case you keep a portion of the $300 premium (a good rule of thumb is to close the trade at 50% profit). When setting up a short call/put. spread, I typically look at the short leg being \~32 delta. If I can get about 1/3 of the width of the spread in credit then that is a good risk reward. If you are setting up an iron condor then I like the short call and put to be about 20 delta. [Tasty live](https://www.tastylive.com/concepts-strategies/bear-call-spread) has a lot of good educational material if you want to learn more.