SPY

Superente_

Do we expect SPY testing 700 in the summer? I believe it will.

Sco_420

SPY> 760 today

Difficult-Law9326

Newbie here - Over the past few Weeks I've decided to buckle down and give scalping a go. Still trading on mostly 'chart instinct' but I'm now logging every trade into Claude and matching it with 1Min chart .CSV downloads from tradingview to help me define this instinct I'm trading on (what I'm actually doing) identify what's working, what's not working, technical patterns at time of trades etc.. Trading psychology is a whole other beast I'm working through.. but were getting there. **Strat high-level: Momentum Scalping** ( Claude says: VWAP bounce + exhaustion reversal are my real plays after analysis) \-SPY 0DTE usually 1 strike ITM or 1 strike OTM. Puts and calls depending on what i see. \-Max 3 trades \-Usually trading with 5-10 contracts. \-looking at volume, Macd, & RSI and strong candle movements. **Stats:** 50.9% win rate | 2.14x profit factor| 55 trades ( small sample & also skewed after a terrible day revenge trading &breaking my 3 trade rule) \-Avg. Time in trade is 17mins, Avg. time in winning trades: 22mins. \-16 of my 22 lost trades were profitable then reversed and I hung on. 1.) Any general advice for momentum scalping? Things I should be very aware of specific to this strategy. where would the most common leak be, etc.. ? 2.) I'm starting to get a good picture of my entry strat. ( Working on defining it in words, but I can see it) I really don't have much definition or really rhyme or reason to my exit. I def need help here & I don't really know where to start. Lots of feeling here still. 3.) The chart data I'm feeding Claude is SPY, not the options charts. Any advice on where to find historical options data on the 0DTE options what im trading? Ideally the fully daily chart of the option. Sorry for the long comment. Thanks! open to all help and comments!

clingbat

Nah SP announced they won't fast track SpaceX so SPY/VOO etc are safe from direct fuckery for a year after IPO.

Airizom

sell everything now tomorrow SPY will be down 7%. My secret contact at the white house told me. You’ve been warned

-Almost_Famous

Just think if you yolo'd that kindle money on SPY otm 0DTE's you might have that house paymen. /s

FuckedUpImagery

It helps to have shares not options overnight. I only day trade SPY options and make peace that i could of had more gains but took profits

Xtal_D

(As explanation, I'm relatively new to options.) I have a problem that every time I try to make play longer than a 0dte, shit rains from the sky. Several of my longer options positions did great the day I bought them but I didn't sell them due to PDT. I have an NVDA call debit spread due Monday that was theta-positive when I bought it, that's how conservative I was. It's completely OTM right now. Meanwhile I've only ever lost money on a 0dte once out of maybe 15-20 plays. This morning I made about 40% on SPY, then watched my NVDA spread get all the way up to break even only to collapse again.

touuuuhhhny

SPY committee successfully completed task 1 out of 2 (denying the crazy new ones extra privileges). Task 2 is now to give RDDT the ✅.

music_is_gud

Tomorrow Jensen gonna call Hock Tan on stage and say he is the sexiest mofo alive and sign his speedo SPY hits 800 instantly

touuuuhhhny

SPY committee did task 1 out of 2 (denying SPCE X and others instantly in). Task 2 is now to give RDDT the ✅.

SteakEater137

Theyve been falling behind for sure, but if there actually is a major downturn theyll probably end up being the highest market cap in the SPY. With their cash reserves and reliable diversified income theyll be buying everything at massive discount and making bank as the market recovers

Acceptable_Bed_6033

Look at the 3 month chart for QQQ and SPY

spoopyadri

i only trade SPY

euphoricmoonberry

I like this challenge! 0DTE scares me though. I bought 755s for SPY today and couldn’t stomach the drop lmao

MusingsAndMind

For me the strategy is simple. SPY at ATH and going up? Whole paycheck goes into my 401k. SPY dips? 401k contributions are turned off.

tropicalia84

So what is going to be the signal, QQQ almost overtaking SPY in share price or BTC -25% while NDX was +10%

circadiggmigration

!Banbet SPY 800 14D

Shoddy-Locksmith-920

!Banbet SPY 765 24h

Shoddy-Locksmith-920

!Banbet SPY 765 24h

Shoddy-Locksmith-920

!Banbet SPY 765 24h

greyenlightenment

yeah but the market hasn't even dropped yet. if we get a 25+% correction in SPY, btc will drop another 75-80%

circadiggmigration

Where are all these rules listed? It would literally be SPY ATH in a (currently) bear market in one day.

Basilthebatlord

I play the SPY every week and this is music to my ears. Especially with PDT out the window this could save a lot of retail investors some pain in the short term.

circadiggmigration

Thank you !banbet SPY 760.41 3d

Aggravating_Fig6288

wtf happened to QQQ why did it go bankrupt? SPY isn’t down nearly as hard

circadiggmigration

***I SWEAR TO GOD I NEVER GET THE FUCKING SYNTAX RIGHT AND NOBODY WANTS TO TELL YOU BECAUSE THEY DON'T WANT TO GET CAUGHT IN THEIR OWN!*** !banbet! SPY 760.41 3d (Yes, that means it has to ATH by market close 2m I just don't want to be bored over the weekend)

Fit_Equal6932

That makes a big difference SPY ETFS -> 780 billion+ Qs -> 490 billion. That is only about 40% of the possible sponge to soak up the shares.

circadiggmigration

banbet SPY 760.41 3d (Yes, that means it has to ATH by market close 2m I just don't want to be bored over the weekend)

pineapplekiwipen

donde esta la opciones de compra SPY

circadiggmigration

Saylor cashed in all his BTC and he's never going to sell SPY, only buy. It's the Operation Warsh Warpspeed Weapon.

Snoo56029

SPY 750 in 3 hours

Rare_Spread2790

According to my analysis, I see SPY losing its erection before bedtime, I think imma full port on calls tomorrow (this is not a sexual advice)

SunnyMikkle

Sold my 659 SPY calls a week ago for $330. *checks notes* wow it’s worth 15c today! Don’t hold your fucking options kids

nanobot_1000

S&P 500 is the like the Master's in golf, they are right to protect their reputation and brand and yes it is reassuring the see there are still people with functioning brains not totally corrupted over making a quick buck - especially since in this case everyone is banking on SPY as having lesser risk and not completely tanking.

Conscious_Ninja_7999

SPY is red but SPCE is green yeehaw

Tylerulz

BREAKING NEWS CBN: Jim Creamer launches new aftershave. SPY dips 

bearhunter429

#SpaceX will be added to SPY, Nasdaq, Dow and MAG7 indices at the launch LMAO🤌

unhappyreach_

SPY is forming a large cup and balls on the daily chart if you zoom out Blow off a top in cuming

Cockballzz

Believe or not SPY top of the year was $760 Going sideways and a little lower for the next months

Pharmacologist72

Buy baby buy. Still one of the cheapest stocks on SPY.

Zernfix

SpaceX wouldn't hit VTI as hard as you think regardless of whether it's worth $1.75T. Both indexes are float-adjusted, not full market cap. SpaceX is overwhelmingly insider held (Musk plus early VC not to mention the dozen plus share classes), so only the publicly tradeable float gets weighted, not the headline number (CRSP p. 12). It also needs at least 12.5% float just to be added (CRSP p. 10-11). So a $1.75T company with a small float is a much smaller index weight than $1.75T implies. And nothing gets added at full size on day one anyway. CRSP has a seasoning rule (\~20 trading days before ranking) and an IPO lockup rule where locked shares stay out of the float until the lockup expires, using conservative registration statement estimates for the first 180 days (CRSP p. 10-13). The initial weight is built off that and not the full cap. Like I said, VTI tracks CRSP Total Market which has no cap on constituents and just adds names by float cap, spreading the impact across the whole market (CRSP p. 14). VOO and SPY track the S&P 500, a fixed 500 count, committee picked index with extra screens like positive GAAP earnings (S&P p. 8, 12) so a new entrant there actually displaces someone unlike VTI A partial float of even a $1.75T company lands as a single digit percent name at most, not the drastic shift you're picturing for VTI. [https://www.crsp.org/wp-content/uploads/guides/CRSP\_Market\_Indexes\_Methodology\_Guide.pdf](https://www.crsp.org/wp-content/uploads/guides/CRSP_Market_Indexes_Methodology_Guide.pdf) [https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-us-indices.pdf](https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-us-indices.pdf)

meltbox

SPY 1000C for next Friday. What’s the problem?

__nameless____

If it's included in SPY, it means people's 401k will buy it whether you want it or not, and they bent (or at least try to) rules to get that going. Not to mention that spacex also carries the dumpster which is xai. It's like as if they want to bailed it out using people 401k accounts. Yeah, people tend to not liking that, whoever it is, don't have to be elon.

BigSnow7033

why did i sell my 1dte SPY PUTS!?!?

MeanLocalFriends

SPY is a machine. Its similar to a craps table. This pit boss is some type of fruit apparently, and he dice are Crazy Bastards. 

bearhunter429

#In the last couple weeks we kept seeing SPY pump while most individual stocks were struggling or dumping which is usually a top sign LMAO🤌

gomper

Ugh I meant to buy SPY puts at close but got distracted

DENIMSHORTS_840SCORE

So what does SPY even do? I've heard they operate in the meth and chicken fast food sector. Any help would be appreciated

Jumpy_Shoulder9043

Looks like the war bled because of some SPY shit

Forward-Surprise1192

I bought SPY $775 calls for $25 each yesterday and today it reached $758 and I would have doubled my money. Except I went to take a nap from 11am-1pm…I’m almost as bad as this guy

callsonreddit

Looks like SPY bled because of war shit https://www.bbc.com/news/articles/c052343r812o

Buffalo-Trace-Simp

I already know the answer is SPY 0DTEs. But if I already made my years goal gains in June. What's a good place to let the cash sit for the next 6months?

Forward-Surprise1192

Try buying calls about 9 days out that are way OTM. It’s super cheap and just by the general up and down of SPY the passed few days I haven’t lost money. Today it reached 758 and I would have doubled them but I napped through it

Trzebs

VOO and SPY both track the S&P 500 and are virtually the same in their performance. They're basically interchangeable. I just happened to be partial to VOO. Plus, the expense ratio(operating expenses) of VOO is less than SPY; 0.03% vs 0.09%. So you're getting identical performance in exchange for cheaper operating expenses by going with VOO

CopeDipper9

Can't wait to get some cheap SPY 0DTEs tomorrow. Easy money when it closes the week over 760.

PhysInstrumentalist

Only if we break SPY $750

OnceALoser

SPY about to lose the streak of positive weeks. It’s up 9 weeks in a row. Red week if it closes below 756.48.

No-Improvement3164

I saw you mention the JPM Collar trade back around the end of March first of April. I believe I saw they sold calls around the 685 strike on SPY or SPX. Any chance they don’t have to buy them back at a loss?

CriticalProtection42

Sweet, I can still try to play SPY without being in some way complicit with that ass clown.

LostMallDoll

what happened did SPY announce a ceasefire with itself

Valueism

Time to fart and slam even more $SPY 0DTE now that PDT is gone.

nknk_3

SPY 745 tomorrow

RichChocolateDevil

I'm kind of a crayon eater when it comes ot this stuff. Why VOO vs. SPY?

callsonreddit

Why SPY red because of the flesh eating thing in Texas

Delicious_Stomach278

If you don’t think 🥭is gonna manipulate the unemployment data tomorrow you’re already behind… 770 SPY EOD. Congrats all Bols🤝🏼

Minority_Carrier

question: does this mean VOO, SPY, GPIX etc that "tracks" S&P 500 can only buy what is in the S&P500 index? Can Vanguard just disregard S&P500 and buy SpaceX under VOO

JayRoo83

🌽 and other fake internet money subs quickly coming to terms with the fact they could have just held SPY for 5 years huh

CrimsonRunner

... what? "blow all their life savings" is incompatible with having $5k worth of money into SPY. People posting loss and "yolo" here isn't just memes, most do it for real. This is the market environment right now, a bloke chasing the dream of being a millionaire with $100 NAV in their broker account and charging it once a month for "lotto tickets". The poor keep donating their money to wallstreet. The less poor take a bit longer to blow themselves up but when they do they disappear. The lucky grace us with the fabled 700 -> 7k -> 700k -> 0 posts. 20% of people here are here for the purpose of playing against the previously-mentioned. 5% of those actually succeed with any consistency. Those 5% are also the ones occasionally writing good DDs and occasionally looking for good DDs to buy in.

hallett21

Today was the fake out. SPY 700 tomorrow

hallett21

Rip. It’s. Throat. Out. Looking at you SPY

Minority_Carrier

I have doubts. 401k management like Blackrock doesn't directly buy VOO, or SPY, they have their own version of ETF that tracks S&P500. Does that mean Blackrock must follow S&P500 index's weight?

confused_teabagger

Short NASDAQ and SPY

jokof

Just sold all QQQ, buying more SPY

bearhunter429

#The more games US wins at the world cup the higher SPY will rise LMAO🤌

RunsaberSR

You should see how long I've read into margin and still havent used it. That's the real bitch move there. (Waiting for 200ma pullback on SPY again)

Calm_Imagination6040

HUBC, MRVL calls and stocks, SPY calls today. Bought nearly everything on the low and sold near top, only thing that bothers me i went back and checked what the spy and mrvl calls would be in power hour and missed out on 4k extra

chessmathster16

Need a SPY gap up open at 765 tomorrow 🙏🙏

Future_Purchase7098

Wendy's manager material. DCA like 110k in a target date or SPY and sell OTM covered calls? 

us1549

VOO or SPY for life

Any-Professor1186

in theory it will rip this month. But whether it actually does is a mystery. I’m going SPY calls instead just in case. I’ve gotten faked out by NVDA all may

callsonreddit

No one knows why SPY bleeding AH huh.. That not good

Bob_the_peasant

Why is SPY going down in after hours? Is it stupid?

financiallythriving

This time it wasn’t different It’s fucking over. SPY 500 EOY

VeryMercurial

lmao the fact the DOW was up 1.7% should've made you all know where shit was rotating. But that diabolic pump for SPY and QQQ was quite fun to see.

StandardDot5115

MSFT when SPY +2%: +0.06% MSFT when SPY -0.4%: -7.2%

Holiday-Plantain-296

QQQ and SPY (or IVV/VOO/etc) do not exist in corporate 401(k)s. And even if they were they're in retirement accounts... These can be adjusted at any time with no taxable event 🤦‍♂️

BringerOfTruthOG

Please also help me understand this for my investing decisions. Is Whole Life worth it compared to other investing options? What’s the fully net of expenses avg long term return vs SPY? Lifetime cost of Whole Life vs à la carte solutions (paying financial advisor / attorney for estate solutions)? r/Lifeinsurance Reddit is filled with likely salesmen saying it’s worth it, or it’s complicated and often worth it depending on your personal situation. Information on Google indicates it’s universally a poor choice compared to public equities / bonds, on a risk adjusted return basis. Info on Google says you’re much better off buying term if you need it, and investing as much as possible, regardless of life insurance. And that for every dollar spent on life insurance there’s tremendous opportunity cost because of the existence of equities / bonds where you keep 100% of the portfolio return, not sub 50% as the long term whole life average indicates (2-3%?). Seems like huge fees / profit cut for insurance co? And that’s an exponentially larger $ sacrifice the longer the investing time horizon. $10k at 10% over 50 years is $1.2m. At 5% it’s only $100k. And whole life returns under that net of fees if I understand correctly? Seems like the multi million dollar lifetime cost isn’t worth the tax / other benefits? Please give the real unfiltered talk below. Or go to that sub and spread the truth about the investment landscape.

AntiqueProfessor5134

The situation with QQQ does sound shady. It sounds like the "accelerated" course with SPY is still 6 months which sounds completely fine, plus they are planning on weighing the stock based on the float. Unless you hold a lot of QQQ I wouldn't be worried about it.

BringerOfTruthOG

Please also help me understand this for my 401k decisions. Is Whole Life worth it compared to other investing options? What’s the fully net of expenses avg long term return vs SPY? Lifetime cost of Whole Life vs à la carte solutions (paying financial advisor / attorney for estate solutions)? r/Lifeinsurance Reddit is filled with likely salesmen saying it’s worth it, or it’s complicated and often worth it depending on your personal situation. Information on Google indicates it’s universally a poor choice compared to public equities / bonds, on a risk adjusted return basis. Info on Google says you’re much better off buying term if you need it, and investing as much as possible, regardless of life insurance. And that for every dollar spent on life insurance there’s tremendous opportunity cost because of the existence of equities / bonds where you keep 100% of the portfolio return, not sub 50% as the long term whole life average indicates (2-3%?). Seems like huge fees / profit cut for insurance co? And that’s an exponentially larger $ sacrifice the longer the investing time horizon. $10k at 10% over 50 years is $1.2m. At 5% it’s only $100k. And whole life returns under that net of fees if I understand correctly? Seems like the multi million dollar lifetime cost isn’t worth the tax / other benefits? Please give the real unfiltered talk below. Or go to that sub and spread the truth about the investment landscape.

BringerOfTruthOG

Is Whole Life worth it compared to other investing options? What’s the fully net of expenses avg long term return vs SPY? Lifetime cost of Whole Life vs à la carte solutions (paying financial advisor / attorney for estate solutions)? r/Lifeinsurance Reddit is filled with likely salesmen saying it’s worth it, or it’s complicated and often worth it depending on your personal situation. Information on Google indicates it’s universally a poor choice compared to public equities / bonds, on a risk adjusted return basis. Info on Google says you’re much better off buying term if you need it, and investing as much as possible, regardless of life insurance. And that for every dollar spent on life insurance there’s tremendous opportunity cost because of the existence of equities / bonds where you keep 100% of the portfolio return, not sub 50% as the long term whole life average indicates. Seems like huge fees / profit cut for insurance co? And that’s an exponentially larger $ sacrifice the longer the investing time horizon. Seems like the multi million dollar lifetime cost isn’t worth the tax / other benefits? Please give the real unfiltered talk below. Or go to that sub and spread the truth about the investment landscape. I understand this post is about SpaceX, I think the comparison is with SPY which will include SpaceX, not holding a single risky asset.

pineapplekiwipen

i need panicans to get to work and get SPY to 710 or so

bzl33

I think if SpaceX opens at ~$1.6T he's a trillionaire. Imo he needed SPY inclusion to keep the pump going though.

nadoterisback

SPY fute -1% by midnight

GeologistPurple3209

SPY rockets?

cryptohomunculus

SPY rockets, then crabs, then coils (you are here) Then SPY rockets, then crabs, then coils AND THEN

FuckedUpImagery

Im already up 30% this month with less than 3 day trades a week on SPY calls

OrderflowTrader

Has been a megacap-dominated rally up until about 2 weeks ago. From my notes: RSP rose by .85% week over week while MAGS fell by 2.7% and SPY rose .5%. Two weeks ago I detected that the MAGS/RSP ratio had begun to reverse the 4w/12w trends higher with a 1.4% move lower. This week we saw a meaningful acceleration of this reversal with the ratio moving 3.5% lower.

RepairSubstantial735

Do you only do SPY?

Lost_in_space424

$1000 day as soon as PDT restrictions were removed. 134% on the day. Holding 4 SPY 6/9 $760c for $2.01 average. If we see overnight strength I plan to begin recycling the contract until I’ve extracted the cost basis and then let the remaining ride At 2-3 buys for another day if we stay strong and close above $760.