Reddit Posts
SPX is realizing 12.4 vol and the options market is only pricing 11.3
VIX Buying Points to a Short-Term Pullback Next Week but SPY Could Still Squeeze Above $780
SPY is fake. US Bonds are fake. Bitcoin is ready for you.
Closed SPY $763.00C 08/04/26 for $79,709.00 gain (+4003%) last week, I didn't know I could post like this. No body text so this is in title
Tried trading SPY 0 DTE and my account glitched and I'm now a multi-millionaire.
Can my 64-year-old dad retire soon? $700k assets + Social Security
MY FELLOW DEGENS AND APETARDS. PUTS AT OPEN. $SPY
SPY Is Coiling Below $775 What Could Trigger the Breakout
made some bad choices this week, inexperienced, need advice.
Sell ODTE puts on SPY then sell Monthly Calls?
At what point does owning SPY + QQQ + a growth ETF stop being diversification and start being the same bet in different wrappers?
I trade for a living - why I’m still bullish into CPI and the levels I’m trading on SPY, QQQ, oil and DRAM
Built a free dealer-gamma (GEX) map for SPX/SPY/QQQ — tell me where the methodology is wrong.
DD - The case for SPY 130,000 by 2048
Option Loss No Internet +30k to -$20k
UPDATE #7 (The End. For now at least.): I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
From Olive Presses to Power Laws: A 2,600-Year History of the Call Option
gonna full port SPY 8/14 $800C with 40k monday at open AMA
For anyone wondering exactly how much QQQ and VOO/SPY actually overlap, here is the math.
Do you think HTZ will help me recover the $23k loss from SPY ODTE?
Do you think HTZ will help me recover the $23k loss from SPY ODTE?
UPDATE #7 (The End. For now at least.): I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
The Nasdaq 100's valuation premium over the S&P 500 is near a 9-year low. Is tech actually expensive anymore?
I Trade for a Living - Why I’m Buying Dips After the Forced Buying is Over and More DD on Gold and Liquidity
SPY predictive dashboard with ChatGPT contd. not financial advice just for fun
While I Profited a Couple Hundred….this is the worst loss I’ve ever experienced
YOLO: SPY 7900 by Friday. I’m all in on 7850 Calls,
I Trade for a Living - What Comes After the Rally & the “Hidden QE”
SPY at $774 in overnight trading
Experiment: 1 month, SPY ODTE closest to $X (up to 100), buy at specific time T_buy and sell at T_close constantly fixed over the time. Can alternate between put or a call. What are your suggestions for X, T_buy and T_close?
Question: How do passive index funds like VTI, VOO, SPY, ETC., work?
SPY at ATH ($773) with 40 minutes to go
Racking up 100% trading options day after day adds up to big money
I Trade for a Living - Here’s My Setup for Semis, SPY and QQQ
Made $200 Off PUTS on SPY’s Most Bullish Day
SPY at unsustainable levels. Could go a hair higher. The maco situation does not support a forever run.
Deconstructing 0DTE Option Losses: Traders Freeze During Intraday Volatility Surges
Why the actual fuck is SPY pushing ATHs this week?
UPDATE #6: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
UPDATE #6: I’m Bout To Pull The Greatest Trading Comeback OF ALL TIME $19 to $1 million
Why $TT is going to 10x your degenerate portfolio: The Great Heat Wave Shortage of 2026 DD
delta hedging and your returns - community research pt8
Mentions
your math checks out for the last few years, and i won’t pretend otherwise. but you’re comparing two strategies that aren’t trying to do the same thing. buy-and-hold SPY is going for max growth and you eat every drop. writing calls on a boring name trades some upside for income and a smoother ride. those aren’t better-or-worse, they’re different jobs. and the part that’s easy to miss: “just buy SPY” only looks obvious because SPY went up. that’s hindsight talking. nobody sitting in 2022 down 25% knew the bounce was coming, and plenty of people sold right there. holding through that is a lot harder than it sounds after the fact. in a flat market or a falling one, the income and the smaller swings are the whole point, that’s when giving up some upside looks smart instead of dumb. in a crazy bull market like we just had, yeah, you underperform, on purpose. So if your magic crystal ball is telling you the next five years look like the last five, buy SPY. i’m not that sure, so i like getting paid while i wait and not getting steamrolled when it does drop.
Yep. When managing hundreds of billions of dollars, it is virtually impossible to beat the market by the massive 20%+ annual margins he achieved in the 1960s through 1990s. Buffet has said this many times. That said: 1) A lump-sum investment in Berkshire has beaten SPY over nearly any rolling 20+ year period. 2)Berkshire significantly outperformed the S&P during major drawdowns (e.g., the 2000 dot-com crash, 2008, and 2022). SPY distributes ~1.5% in taxable dividends each year. Berkshire pays zero dividends, allowing 100% of the capital to compound tax-deferred in a taxable account.
That's uhhhh not a good thing for SPY lol.
Will SPY drop 1% tomorrow?
>VGK has been beating SPY, working very well for me and I believe that will continue. My data shows SPY outperforming VGK
I do not like the idea of selling now after a more than 50% haircut. But I also do not like being all in BTC. So perhaps middle ground? 50/50. Capture some SPY and potentially a massive BTC run but you will need patience for a couple of years…
When will people learn. SPY and QQQ always go up
>Secret outperformer: Dispelling the ‘myths’ about an unloved stock market >BNP Paribas believes Europe is more likely to be an AI beneficiary rather than a developer. >For Goldman Sachs, Europe being behind on the AI trade may not be such a bad thing, either. VGK has been beating SPY, working very well for me and I believe that will continue.
I think Nvidia is going to dump after earnings and probably take SPY with it. I need to figure out when they report.
When SPY is only up 14% ytd but you’ve also seen this meme 100 times over that time period
SPY be like https://preview.redd.it/1jmaw2c2bqjh1.jpeg?width=1293&format=pjpg&auto=webp&s=b9e52086168ca04d5618ec268e5515d7ef151ba3
All my SPY lottos were worth $9k 🤣.
What was your last trading dream about? Last night, I dreamed I knew $SPY would crash COVID-style, and all I had to do was buy as many deep OTM puts as possible and wait for Monday’s fallout. But, I had no money in my trading account (just like IRL), and funds take a week to process.
What's the consensus? SPY and QQQ, calls or puts for a Wednesday 11:30am strike? Or stroke? Or strobe? I don't know. It's just u/imustbegthequestion
Im interested in Puts on SPY, but shorting memory right now is beyond retarded. Its clearly gaining strength relative to the market.
He was also saying the SPY would crash like 8 years ago
You're not wrong. I've made some money in semis. But most of my money is in SPY because it only goe ls up.. but it goes up too slowly for me to escape the anus-tier life
Buffet hasn't beat the S&P in a long time. His overall return comes from early years. If you run a backtest where you DCA into BRK and SPY, you have to go back to 1993 for BRK.A to win
ppl brag bout SPY being up 20%, bro inflation and other shit cancels those gains out youre break even economic wise
With your 25 years of experience can you explain this? Real inflation is around 20% last half a decade if not more. SPY 500 and similar move around 30% last couple of years every year. Then you can even get stocks that moved 60+% no issue the last 5 years. Not making it hard saying X jumped 100% then jumped to Y it made 60% and so on. I have picked a nice flat stock it moves up 5% every year so we beat inflation but growth is lacking. Lets say its a utility or REIT. I sell CC for 2 years and never get assigned. Then we do the math... I made less than just putting it in SPY 500
Shes either A: waiting for me to text and im in or B: she hope i dont and i blow everything This is tougher than a SPY put or call on a friday
I think SPY has 800 soon, but after that seems like we could be flat for a year
An LETF I like is NTSD. It’s quarterly reset, so less volatility decay. Only 1.5x so modest. And it’s 90% SPY 60% EFA - so kinda close to 1.5x VT. Just missing small caps and emerging markets. As long both go up steadily, that leverage will help a ton and I’m up a big amount already on this. It’s an underrated ETF IMO, even that financial YouTuber Ben Felix was saying he’s in favor of using leverage when young. And one of the guests on his podcast was suggesting LETFs instead of margin.
Let me know if SOH anything like Cancun, might go... A great beach spot is one with light blue Caribbean water, soft Sand and topless woman ranging from fake big titty American spring break hoes to European milfs. I'm sure 🥭 gonna fly out all the bad bitches to SOH, probably will run Miss America pageant down there. SPY $8008
In the last 2 years spy dropped at least 1.5% 31 times. Out of all the trading days that is a 6% chance. Given a lot of these drops were in short term draw downs in the market, you essentially have a less than 3% chance to buy weeklies to score big. Maybe next week will be that 3% where we give up 3-5% on SPY
anyone else buying put's on SPY?
Naturally, and face-ripping rally to new ATHs for SPY.
papakong has the core mechanic right, a disallowed loss is not gone, it rides into the cost basis of the replacement and comes back to you when you finally close flat. So the doomsday framing is overblown for anyone who fully exits by year end. Two things nobody has flagged that actually matter for how you trade. First, the gray area you are sensing is substantially identical, and for options it reaches across instruments, not just the same contract. Selling stock at a loss and then selling a CSP or buying a call on the same name inside 30 days can trip it, and that is exactly the trap for covered call and collar traders who are always holding shares next to the option. It is rarely the option versus itself that bites, it is the option against the stock. Second, if you trade broad based index options like SPX or XSP, wash sale does not apply to them at all. They are 1256 contracts, marked to market at year end with 60/40 treatment, which is the mark to market point the first reply gestured at. So part of your answer is instrument choice, SPY options carry the wash question, the index equivalents make it vanish. The two month pause is way more than you need. Wash only defers a loss, it does not delete it, and it only reaches 30 days each side of the loss, so the clean fix is just not rebuying the same name inside that window rather than going dark for eight weeks.
You bears need to touch grass — go to any decent restaurant this evening and they are slammed. SPY ATH makes perfect sense.
I smell a new ceasefire and SPY 790 Monday
Why not 1 month? That gives you more time.. I had tired something similar in the past.. lot of decisions to make still...strike when to enter and exit.. For me, I wasn't disciplined or systemic but the losses when SPY went down were significant
Just ask yourself.. why are you betting against the US economy? When you’re shorting SPY or QQQ, you’re essentially saying the economy should not be this good and I rather see people lose their jobs because our economy is f up. I’d rather be an optimist and betting for or just not invest at all. That said it’s a bit different betting against individual company if you think they’re doing shady stuff.
Bro , I lost $700 this week on SPY puts
🥭 says he will soon declare the Strait of Hormuz "territory of the United States." Why didn't he do that sooner?! No war, free oil and now we can charge a fee TO iran for oil. THE TRIFECTA... or as some people may know it, THE ART OF THE DEAL. SPY 1k...or 100...iono.
You need to gamble your life savings in SPY 0DTE it’s safe and healthy
Calling it now. SPY will reach new ATHs
Select equity options leads me to believe it’s for tickers like SPY NVDA AAPL etc.
Who’s 13F should I copy? Citadel Ken is just SPY calls and MU. Thiel is just Amazon and a bunch of energy companies that are down YTD
annex the strait? someone smarter than me tell me what this means for my SPY calls Monday
SPX/SPY 65-70% NQ/QQQ 85% Are the % of option flows that have an expiration within the next 5 days. That is to say that the majority of option flows and therefore the majority of price action is influenced by option flows expiring within the next few days with a bulk of them expiring 0DTE. On August 4, 2026SPY complex recorded the largest single day option volume with over 4.5 million contracts. So right now there’s more leverage than there’s ever been and the majority of that expiration and effects of volatility being played out within each week.
Taco will ask Google Maps to rename Iran to the Islamic Republic of America, thereby granting the US 'total control' over the Strait of Hormuz. SPY 808s & Heartbreak eow
NBIS, NVDA, SPY, TSLA-Now in the red
Ok SPY you get to do one more all time high but then you need to let you little brother communism have a chance to play ok, mister?
Grabbed 745 SPY puts and 792 SPY calls with Friday expiration. Theta week incoming.
Imagine not beating SPY lol
SPY Puts? https://preview.redd.it/6y5plsl95kjh1.jpeg?width=708&format=pjpg&auto=webp&s=e5135ddbe962b3ae335378e37bef1acfa75e6ec5 It’s pretty much gone up over the last 30 years
At some point, US will stop bailing the Yen and a mini Yen Trade carry part 2 will happen = you will see a dip in SPY again
Its wild to me how many people are unaware of the SPY 1DTE and 0DTEs. Its life changing how you can make hundreds to thousands in a day in the matter of a seconds if you have good timing. Really makes you question working a regular job. Trading is addictive.
Take a good look at the long term QQQ and SPY. Being a bull is more often profitable than a bear. If I'd buy puts on QQQ or SPY, it would be with 1% of my porto only.
SPY opening at or close to 780 , hitting it then dropping to 772-773 seems doable to me , also i feel like TSLA despite those weird earnings has a cult following that will bring it back close to 400 in a month or so
Worth separating two things people are conflating here. GEX is not a data feed you buy, it is a calculation on top of the options chain (open interest and gamma per strike). So the thing that costs money is historical open interest and greeks, not "GEX" itself. dolthub has some free EOD options data, ORATS and CBOE DataShop sell the clean historical chains. Once you have the chain you compute GEX yourself, which also lets you control the assumptions instead of trusting someone else's line. And the assumptions are the whole ballgame, which is why bradley is seeing it lag. Retail GEX bakes in a guess that dealers are long calls and short puts, and the published flip level lives or dies on that sign convention. When you backtest price reaction around a GEX level you are really backtesting the accuracy of a dealer positioning assumption, not a law of physics. That is most of why the correlation looks weak. The bigger trap for your exact tickers: GEX built from end of day OI will systematically misplace levels on SPY, QQQ and SPX, because those are precisely the names where same day 0DTE flow dwarfs the resting OI, and none of that intraday flow is in the EOD snapshot you backtest on. So an EOD historical GEX backtest on SPX is close to measuring the wrong book. If you are serious about backtesting those you need intraday chain snapshots, which is exactly the expensive part nobody is selling cheap. On the "does it provide an edge" question: it is a map of where dealer hedging can amplify or dampen a move, useful as context for how price behaves once it reaches a level, not a predictor of which level it goes to. Pair it with expected move so you have both the where and the how far.
Given almost everyone’s advice here is still and buy an index, please keep taxes in mind if you go that route. Personally I would hold AAPL, GE, GEV, INTC, MSFT, SPY and sell the rest. Keep adding to SPY, maybe get 100 shares and sell covered calls, etc.
You are doing way too much here. Just Hold SPY VOO XLK. Way too much individual stock risk for me.
I lost my first real profits ever from July $5000 bc I went all in on the SPY falling after it hit the 760 and and since then it’s been down hill since the beginning of August
You took losses this year while SPY and VOO made all time highs. Just buy them and move on with your life
I had this happen with SPY calls on my ToS account and it got closed automatically the next morning but not before I lost $6k, the account went negative and eventually got shut down and I lost ToS for life even years later I made money and called them saying I could pay it off but only if I got my account back, they declined. It's been more than 3 years now so I assume its charged off, but I can never use what I think is the 2nd best trading platform (after robinhood for options) ever again, maybe til I die which I think is crazy, they should forgive after like 7 years or something but nope
**BanBet Lost** — /u/Over-Tangelo-2067 (5W - 4L, 56%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $778.44 → $785.00 | +0.8% | 1d | Lost |
Not bad diversity for fun and learning. My SPY and QQQ helped me retire early, along with my employer’s stock, DUK. AAPL and MSFT are like staples now - invest, don’t trade.
Classic bull flag on SPY daily and wannabe top callers think they can vibe trade their puts and get lucky. It’s not even close to bearish unless 750 falls on high volume. You could go all the way to 758-760 and still be in a clear flag. Measured move on the flag runs all the way to $824. That’s going to catch a lot of Permabears off guard. There is no reason to be bearish until the measured move fulfills or the flag breaks down.
**BanBet Lost** — /u/UglyMort (0W - 3L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $778.52 → $799.00 | +2.6% | 1d | Lost |
So you own an SPY Etf and to diversify your Portfolio you Hold Single Stocks like nvda and spcx 😂
I’m chuckling about the “automatically exercised” part. Playing with 1,100 contracts worth of SPY worth $80M but doesn’t know how options work LOL.
**BanBet Lost** — /u/georgesoflydda (0W - 1L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $774.39 → $750.00 | -3.1% | 5d | Lost |
What are we thinking boys, puts or calls on SPY Monday?
SPY we’re at the time frame of April 17-May 14 is up boyz 🚀🚀🚀🚀🚀
It's got to be fake... Who has $900k to gamble on SPY and doesn't even know what SPX is...
The volatility profile on [$SPY](https://aimytrade.io/ticker/spy?utm_source=reddit&utm_medium=comment&utm_campaign=SmallStreetBets&utm_term=SPY&utm_content=content-volatility-context-1786769885978-gxx4f2) changes how I read this setup. The volatility around it is really the whole story.
Mainly SPY and QQQ. I may try SPX as well.
Everyone here thinks SPY is so high because of tech. Has anyone looked at RSP? The equally weighted version of SPY that is outperforming it by 3%
bought SPY calls going into the weekend. Hoping for random bullshit to happen and i can sell for a nice profit at open
Everyone sees these big run weeks. Runs a test on big run weeks. And starts deciding they can just buy 5% otm calls and bank forever. But there's a lot of flat weeks. Where theta will absolutely eat your lunch. In fact there are far more flat weeks than there are 3% weeks. Otherwise SPY would be up 150% every year. But you should do it. Because learning first hand. Is the best way to learn
**BanBet Lost** — /u/bikkhu42 (1W - 3L, 25%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▲ | $777.88 → $790.00 | +1.6% | 1d | Lost |
The market has taken to completely ignoring 🥭. His tweets get a 0.25c price reaction in SPY now. He is fast slipping into irrelevancy.
Yeah like that SPY company. It's so lame with it's 10% return.
I sell naked puts using margin, not cash secured puts. I don’t hold any cash in my brokerage account (except what I need for monthly expenses). I aim for $1k, but the range I’ll sell them for is $500 to $1,500. Below $500 and I decide it’s not worth it (often I’ll keep to a higher minimum, just depends). Above $1,500, and I decide it’s not worth the risk. That means there are some days where I don’t sell any 1 DTE puts (like yesterday and today). Just a judgment call depending on what they’re trading for. I usually sell 10 contracts, either all at one strike price or split between two strike prices. Sometimes I’ll just do 5 (or skip days entirely as noted). Then I have a bunch I sell that are longer term (SPY, TQQQ, and a handful of others). With those, I basically am gambling that (1) people won’t exercise early, and (2) the market won’t drop below 30% for longer than a quarter. Obviously, neither assumption is guaranteed. But those can pay well (in my judgment), so I’m okay with the risk. I’ve been margin called before (multiple days in 2022 and 2025), to give you an idea of the level of risk I take on. Margin calls take some active management and strategizing…. I’ve recovered and come out ahead both times (I think…gets messy when you try to factor in taxes), but obviously there was a lot of luck to that. I don’t usually roll puts. I prefer to get assigned and day trade those shares (and I don’t sell daily puts during that time). I first try to flip them overnight or the next day, otherwise I hold until there is a gain and try to make a profit off of them…I did that this month quite successfully with 1,100 shares of QQQ. The tricky thing is resisting the urge to buy more to reduce my average basis when that happens. That’s how I ended up with 1,100 shares of QQQ instead of 1,000 — when QQQ was around $660 recently, I added one more contract that I intended to have exercised. Sold them all at $720. Got them assigned at $701 (5 contracts), $665 (5 contracts), and $662 (that 1 extra contract). I’ve never learned what the deltas mean, so I pay no attention to them.
#Individual stocks may drop, dump or even die but indices like SPY and QQQ will NEVER drop ever again LMAO🤌
It’s just 3% away. SPY went up nearly 1% two days ago. How is it unbelievable?
That’s great but literally can buy SPY calls and be up 23% in one play easily
Just hoping the culling is rapid. A quick capitulation to SPY 420 and then a small bull trap to 469 and then back down to like 297. Then it stays there for a few years.
there are people who think SPY is going to 800 first off that's unbelievably stupid second it cant just keep going up "nooo muh 40 year average!!" dont care, long-term bearish
10 dollars gap up on SPY Monday
Holy fuck…74k is something I’ve never even seen in my bank account before. I was always jealous of people making banks off of 0dte and SPY calls and shit. Also seeing young kids having so much money made me so depressed. Hang in there bud, just know that now you’re in our tax bracket which isn’t too bad brother ahaha
This is just completely ignoring that the American stock markets, and retail investors, particularly on robinhood, have had the best wealth creation in the history of the world with SPY compounding +7% for a 100 years and QQQ looking like it’s on +25% CAGR and has 25x’d in the last 20 years (yes you read that right). These are the most common investments for retail traders… If you listen to these simpletons (“ai bubble” “retail trader exploitation”) instead of actively investing every additional savings into QQQ & SPY, don’t cry in the casino while you get left behind in the most prosperous and opportune place in history. Also just so you know you’re totally spewing misinformation fam…. Retail investors in the US have OUTPERFORMED instructional investors over the last few years.
**BanBet Lost** — /u/OkBeginning9576 (0W - 3L, 0%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $770.71 → $755.30 | -2.0% | 3d | Lost |
Being a normal investor and buying $SPY
Ken385's futures point is the right practical answer, but a couple of mechanics for the actual synthetic question, since it is a cash account. A synthetic long is a long call and a short put at the same strike and expiry. The capital requirement lives on the short put leg, and in a cash account that put has to be cash secured, which means you are tying up basically the full notional anyway. So the synthetic does not give a small cash account more share control, it gives you the same capital outlay with extra path complexity. The leverage only shows up in a margin account, and then you are back to a margin requirement not far from what Ken described on the futures. Where XSP genuinely wins over SPY for you is not liquidity, it is tax and settlement. XSP is a 1256 contract, so it gets 60/40 treatment and marks to market, and it is European and cash settled so there is no early assignment and no stray 100 share position to unwind. SPY is taxed as plain equity and can assign early. For a hold to expiry synthetic the thinner XSP book matters far less than it would for an active trader, so XSP is the cleaner build for a small account even before you get to the futures option. One caution though, a synthetic held against offsetting stock can trip the straddle and constructive sale rules, so keep it clean if you go that route.
I thought I had closed out my 777 SPY calls for Tuesday but the order never executed. Can anyone help me figure out where we have to open Monday in order for me to not be destroyed.
How yall feeling about SPY dropping below 750 on Monday?
YOLO on SPY 0dte options
I will continue to add to SPY 700 9/30 Puts
SPY Puts have NEVER BEEN CHEAPER
Thatd put SPY up to what, 795?
Yes, and this is why SPY will +3% next week. Failing up.