SPY

cynicism_is_awesome

Jane Street is a plague upon the stock markets… well.. anything they touch. They should be banned. They are the biggest holder of SPY and many other ETFs and they thrive on creating volatility to shake out weak hands, intentionally triggering stop losses and margin calls so that they can profit from that.

TheInkDon1

"Something is *always* going up, it's our job as traders to find it." That's my philosophy, and I believe it's true. Though in 2000 and 2008/9 I wasn't paying as much attention to my trading as I am now, so I can't 'prove' it. But now I'm watching daily (or nearly) and taking notes of all my trades, as well as weekly account balances. Are we in a bear market now? No. Are we in a correction? No. But are we headed in that direction? Sure looks like it. Have you looked at a 1-year or 3-year chart of the S&P or Nasdaq lately? Going down. This is [SPY and QQQ](https://stockanalysis.com/etf/compare/spy-vs-qqq/). Change the view to 5 years, then 3 years. Both are clearly going down. SPY peaked at 695 on 2/2. It's at 648 today, down 6.7%. 10% is a "correction," and 20% is officially a bear market. Did you look at the chart of the 3 ETFs I'm in? Let me pull one of them out and compare it to SPY: [XOP vs. SPY](https://stockanalysis.com/stocks/compare/xop-vs-spy/) The 3-month is a good view: XOP up 42%, SPY *down* 4.7%. Do you see how it works? The *whole market* doesn't go into correction or bear at the same time. It's just an average of the 500 companies in the S&P 500 Index. And even though that index is going down right now, I guarantee you could look through those 500 companies and find many that are going up. That's why I say it's our job to find them. Just because you're told we're in a bear market, don't sit in cash: find the things that are still going up. There'll always be some. Take care.

JohanLiebert92

SPY's slowly becoming a meme stock

WordsHappenedHere

And indexes are done much more than 5%. Dow is down 9%. SPY was down 7% at the lows Friday. My god look at IGV and software. And every Mag 7 down mix more than 5%.

Katahdinclimber

Wait until we get out of the Middle East and fuel prices start going down again. The market will continue to roll over as long as gas prices are rising. Most of these guys here just guess on SPY options. They can't be of any help.

marinegeo

Never time the market, unless you’re a regarded yolo3r like me. I did really complex contemporary TA I learned at wsb, termed “staring at wiggles”, which led me to exit my $SPY position in January and I took profits like a coward and boiled them into a new irl business my wife’s boyfriend told me about (apparently business is hot at the Dumpsters out the back of Wendy’s rn) and am just starting to think about possible reentry points… We are at ~650 and I’m considering starting to build an entry position. I think we may have a few more weeks of the bears being in control tho. What do you think about this correction reaching 620-600? Start scaling in like a responsible adult now. Or go full yolo regard now and pray to JPow on my knees behind Wendy’s working for my new business?

ImJoeontheradio

I have "SPY 627" on a post it note next to my laptop.

No-Improvement3164

SPY blew past the 653 support to 645 so a AI generated tweet hit the algorithm to pop it back up so his Chartist didn’t look bad. 😂😂 SPY sitting at 653. Sensational!!

systerix

Bro i don't get lucky, I create my own luck But fair point maybe I should just toss everything into SPY calls and triple my money

UsernameTaken_123

The moment I buy a put is the moment the war ends, world peace is declared and SPY goes to 900 overnight

No-Improvement3164

The real question is will the SPY chart look like Microsoft chart does

Megaloman-_-

Thank you, good strategy, I should start using SPY and/or VOO as well !

Fun-Imagination-2488

There’s always some bad news causing panic. It’s hilarious how common drops like this one are. Here’s how often this end of the world nonsense happens and causes drops in SPY: >5%: 2-4x/year >10%: every 1.5 years(2010, 2011, 2012, 2015, 2016, 2018, 2020, 2022, 2023) >15-20%: every 4 years(2018, 2020, 2022, 2025) >50%: every 25 years(1929, 1973, 2000-02, 2008)

Puzzleheaded_Owl_417

SPY Monday 680.

WordsHappenedHere

Not really. What if the market goes sideways for 6 months? I’ve been doing this a long time. Try trading a market that goes sideways for months or years. Look at 2014-2016. The time to add 3 month puts was 3 months ago when VIX was below 20. I’ve already done that. I cashed them in this week. You don’t chase puts when nearly every sentiment and breadth indicator says a bottom is close. The best strategy here is to take whatever profits you have from long term rail risk hedging and use it to go long. But I wouldn’t go long with options. Look at 2016 (another mid term year) for example. Very similar setup. Market grinded higher after it bottomed in Q1 but the gains were slow. And it didn’t really take off until June/July and just went sideways most of Q2. Also IV is jacked here. If you get the direction wrong you will get crushed. It’s better to wait for VIX to settle. I’m looking at adding some leaps around summer time. And I want to wait to see if SPY $650 holds first over the course of the next month.

Amazing-Topic2827

Day 1 of Conflict: WAR IS BULLISH WE ARE SO BACK THANK YOU 🦅🦅🦅🦅🦅 🇺🇸🇺🇸🇺🇸🇺🇸 SPY 750 EOW BER R FUK Day 30 of War: Bers are evil commies for buying oil calls after oil supply was stopped

Thecreamcheeze

+3% SPY Monday

Academic_Lock_1699

"Sellers getting exhausted" is one of the dumbest things to say when SPY is still this high as to 5 years ago

Cozyteammate

If you're OK with 10% per year, then it's a buy But keep in mind of opportunity cost. SPY/QQQ could also yield 10% per year or more, while being much more diversified and carry less risk. This mean that GOOG has more risk than SPY/QQQ, but by buying GOOG you are getting very little excess return for far greater risk. It might not be worth it. If it seem confusing, I suggest you copy my comment and talk with AI, try to understand it, because if you do, it will boost your investing journey by a lot.

lookingforajob2020

I bought a shitload of 3/25 SPY 650c at 3:30pm and forgot to sell before market close. Please can the market pump 3% on Monday thank you

Striking_Box_6116

Especially rn dawg, keep seeing random comments about SPY rallies to 700+ but I don’t know who’s buying in this market

Emergency-Ticket5859

Chuck Norris is dead SPY about to crater

Zimoula

!banbet SPY $690 7D

IntrepidToday0

Anyone else seeing a descending bull hexagon on the SPY weekly chart?

-IQ200

If we could just rip the bandage & let the SPY die to 615, that’d be great.

Pale-Silver-8178

Most are bearish, so SPY +5% Monday

Peresviet

First off, I want to say I am not pro this war. It's a bad idea, bad execution, and the previous nuclear deal actually worked. Killing the anti-nuclear weapons Ayatollah was a bad strategic move. With that said, I think SPY will be above 650 in 60 days.

Suavecore_

Why does the Google ticker for SPY show a 7:55-8pm drop to 648.57? Is that real?

_LakeCity_

Barron von Trump sits there with his finger on the nuclear codes. You know this. You stare at those severely OTM short-dated SPY calls that are the only thing you can afford to buy. You think to yourself: "n3vEr bEt aGAiNsT aMEriCA!!!!1"

Initial_Ad_9250

"Alea iacta est . " I say as I fullport my networth on 0dte 1% OTM SPY options after watching one roman documentary

raisedeyebrow4891

I keep buying USO puts with my short SPY call premium… already bought all the SPY leaps money can buy… it can go tits up or V with a tweet

Mr_Canada1867

SPY at the same price it was in early Sept 2025…

Eclectic_Beer_Tap

Here's an idea: "Tired of swearing? Now your filthy mouth can fund your financial ruin *and* your spiritual one. Every time you drop an F-bomb, the app yolos a SPY 0DTE call or put — randomly. You're not just washing your mouth out with soap, you're washing your savings out with theta decay."

ughilostmyusername

In on SPY at 448. I guess I’ll sell all now first thing Monday unless marins take Kharg this weekend

jsie-iaiqhsi816278

crazy how people decided to slit their wrist business style instead of voting for another milquetoast run-of-the-mill career politician SPY wouldve been 1400 right now

Top_Cranberry_3254

How low does everyone suppose it will go? I predicted SPY 645 this week, and today it hit it. My Index Limit Buys for VTI originally started at 320, which it would've hit today, but I adjusted it 2 days ago to start around 316---tapered down to the high 200s around 285.

SlartibartfastMcGee

Bears calling for $200 oil reeks of the people who were buying $90p on SPY during Covid.

callsonreddit

Crazy SPY -5.5% this month

Ancient-Swordfish292

It would be sort of funny to watch my I bonds return more than SPY, but probably more scary than funny.

intxcated

No idea but SPY 648 so must be true

Luc3121

Continuation! The lesson I learned from the previous crash is not to get back in too quickly, let things play out for a bit and if you start to see a trend it's time to get back in. I correctly predicted the start of the 2025 crash and got out mid-February with about a third of the leveraged side of my portfolio, but I got back in way too early (late february / early march) expecting a bounce around the 200SMA, and faced a 50% drawdown at the worst point early April. At that point, my emotional instinct was not to open my broker app at all. Many lessons learned, this time I correctly predicted the crash again with 50% of my portfolio in cash and 10% in leveraged VIX longs (should've been SQQQ, oh well), but agnostic for what happens next days. Would not be surprised if this ends up being a -20% year for SPY, not too eager to go back in with leverage.

FeverTreeCloud

Too much SPY talks Calls on Palantir calls on defense stocks call on CIA

Scalpaholic

SPY 600 is not a meme. We've literally been there before.

johnlovesbigwomen

IF you had of risked $ 100,000 on SPY OR QQQ puts after Crabel low was taken out after 7:00 AM, you would have made at least $ 1,000,000! Diamond hands? You got LUCKY!

Mysterious-Device-53

Pretty damn close on SPY

Hamzehaq7

ugh same here, my portfolio's down like 12% too... mostly messing around with calls and trying to catch those bounces. idk what it is, but this market is just rough right now. even with the SPY and QQQ taking a hit, I thought I could play it better. any thoughts on when it's gonna turn around?

Then-Kaleidoscope520

Oh I love that others are sharing this thought. I trade $SPY options daily, and it’s been exhausting … I have certainly minimized losses, actually I’m only a couple of hundred from break even, but each trade has carried less confidence than the last. Simply because premiums are jacked, I’ve been more prone to cutting winners early. And I can’t even afford next day contracts, let alone, who feels safe holding anything overnight? That must feel like a crazy blind bet.

1-Dollar-Doge-Coins

You may not be doing so hot then. Since the war started, international markets have dropped about twice as hard as the US (comparing SPY to VXUS).

Pale-Silver-8178

So corn is a better indicator than weekend oil buttcorn up= SPY green buttcorn down= SPY red

brute-forced

Bend over, no lube, SPY -16% EOY

Amazing-Topic2827

The permabulls here are the human version of the meme w/ 8th place doing champagne showers, even a 5% gap up on Monday would only get you to 685. A level WSB was assured would never be seen again. Back when we missed our last chance to buy below 690. SPY 700 BY OPEN

BenySpaghetty

SPY still up 15% on the 1-year. Gravity points up in the stock market. Bulls always win.

JohanLiebert92

SPY chart looking like an upside down clitoris

YouKnown999

!banbet SPY 640 7d

EmbarrassedKoala3982

!banbet SPY 665 3d

Spirited_Let_2220

Just took a peak at $PL and boy am I kicking myself. I had Jan 27 leaps that I bought in October which I sold for like a 15% gain because they weren't moving. Well fuck, them bitches would have made me like 60x if I held. Anyways, looking at $ONDS next week maybe. $SPY looks like it wants to go test $610 so I'm really only considering things that have relative strength. Any other tickers to look at?

Official05

What do you guys think; I bought SPY calls expiring in 2 months at close. Is it worth running it or should I sell at open ?

callsonreddit

u/31andnotdone sold my tech stocks. Only holding oil stocks If SPY green on Mon then imma spank you

burneraccount1819

!banbet SPY 600 1w

31andnotdone

Yesterday SPY was +0.3% AH but opened big red. ~~What if the~~same happens again on Mon

callsonreddit

Yesterday SPY was +0.3% AH but opened big red. What if the same happens again on Mon?

No-Improvement3164

USO and SPY pumped on the news right after closing? 🤔

Mychelly360

Nice. Takes shares to do CCs anyhow, would have to be done in the account holding shares. Also wash sales are cross account, and most brokers don't track cross account wash sales. And the big kicker, say you do what OP did, then you wait 31 days to get rid of the wash sales, but on day 15 of the 31 days you purchased SPY in your Roth ira. So sold spy for wash sales in taxed account -> bought spy in his Roth ira 10 days later. The above scenario creates a -permanent- wash sale. AKA you can never claim it. This is the real thing to be afraid of. Easiest way to avoid that issue, is to not trade the same tickers across multiple accounts.

TJMBeav

This Grizzly closed his puts and loaded $SPY calls with 5 minutes to go! Also got $GLD calls. Absolutely zero puts.

ThinCrusts

630 SPY by open?

ZealousidealSector19

I lost money today on SPY calls

ExemplarDeLaPoontang

I mean what are y'all buying? SPY?

Comfortable_Oil6642

SPY calls no brainer

Mychelly360

In OPs case. He needs to stop trading the sp500 INDEX in all its forms, not just SPY, for 31 days or more. Sell all positions -> don't touch sp500 for 31 days. But do it before December, or you're fucked. You will pay full tax on gains, no losses to offset them, for the current tax year if you hold the position into Jan 1, or your 31 day period goes across Jan 1

Happy-Champion1661

wait for SPY 640, do a small fake buy so MMs will instantly dump it to SPY600 then deploy more cash

Pale_Newspaper_82

Don't worry bears, SPY is already giving up its fake AH gains

MissMatriarch

SPY’s already falling back down. Where are the bols?

NarpRocks

!banbet SPY 640 7d

ThrowRA-KB

Let’s me get something straight. - 200B additional funding from pentagon - 2000 marines headed for BOTG - Strait is still closed - Iran is still not backing down and bombing refineries and tankers And yet 🥭 is “winding down”? Lmfao I ain’t buying this shit !banbet SPY 640 7d

big-papito

I was holding on to gold as my TACO trade. Then I took a haircut and got out before I got wrecked, after it has become clear this may not be a TACO. Overall, my account crushed SPY since last year, so even with one-month pullback, I still did alright. SPY has been in a coma since October. As for getting back in - it's very unclear right now what is going to happen. On one hand, stagflation will be good for gold, but possible interest rate hikes are NOT. I guess I will wait until the herd is thinned, but I am not touching this stupid US meme market. Right now I am betting against the US stocks in a leveraged ETF. So far, so good. The downward trend helps. And if it crashes, well - no complaints.

baller1able

I didn't realize how overall bearish this sub was until this SPY afterhours pump 😂

SohndesRheins

With this kind of capital you should be trading SPX options and not SPY, but obviously you don't understand what wash sales are. SPX offers better tax benefits and is exempt from wash sales, try that after you figure out how much money you have left after setting aside the absurd tax bill you created.

Paul_Robert_

The delulu part is the "could see SPY 1000 by December" bit 😅

grantern2

Are you serious? The only reason SPY is going down is because of the war. Once it’s over things will be back to normal and the bulls will take control again. I can’t see a bear case after the war is over

grantern2

The bull run after the war is over is going to be generational. We could see SPY 1000 by December

bearhunter429

#SPY going below $600 next week and below $500 by summer and below $400 by the end of the year. LMAO🤌

pineapplekiwipen

finally after hours SPY ran into a little resistance after pulling up over 10 points from the cash session lows

baller1able

SPY currently up 1.05% in afterhours and even MSFT up almost 1% 😂

weewoowewoooo

SPY up like today never happened LMAO

pineapplekiwipen

SPY still going up those puts ain't looking so good boys

0DTEKing

After destroying all your calls, SPY is up 1% AH

AccountOfMyAncestors

wait, SPY is STILL going up? LMAO Bers, you may not have any money anymore, but you do have my condolences

pineapplekiwipen

SPY just needs to move up another 1.5 and it's like today never happened

drew-gen-x

$ACWX, $GLD, $EWY, $EWJ I wanted 25% $TLT, 25% Gold, 25% World ex US, 25% Asia Pacific I'm still a gambler that believes in cycles. I like Asia Pacific growth. The best rock n roll is coming from Japan and South Korea right now. I am a big believer that economies that are growing spend & take more risks with money on the arts : ) I am looking at World plus US ETF and something like the $SPY next. Individual stocks cause too much stress. Life is too short. Good luck.

big-papito

LOL, SPY is up hoping this is all over.

Stellarific

Theoretically speaking, would this be possible consider SPY options stop reading at 4:15?

J4zi

Ofc my SPY call expires worthless but is printing in after hours

pineapplekiwipen

lot of damage left to repair on SPY still but this might actually trigger an unbelievable rally monday because of heavy bearish positioning

Stereophonic

They expired in April but were 660s and 650s I bought while SPY was in the 680s lol. Now that they are OTM I dont want to hold them anymore. Market could turn back but I'm tired of bleeding every day. Just scooping up cheap shares right now.

pineapplekiwipen

i think SPY is actually going to hit the opening print before 8 PM today

davidbigham

here is the tricky part. Your expired SPY call may worth money now. call broker

pineapplekiwipen

absolutely mindblowing short squeeze on SPY after hours

Fearless-Paint-7680

A good idea MIGHT be to buy LEAPS on the dip of QQQ/SPY right now. You could probably make most of it back when the inevitable TACO happens

baller1able

SPY with the bright green lasor beam in the afterhours. I yall hope put holders wasn't greedy and held over the weekend...

michoriso

Only about 17 points away on SPY for that 10% correction. We'll probably get it next week.