SPY

hypekit

That’s not what OP is comparing. Who the fuck compares performance of one stock vs SPY LOL

Due-Bid6242

SPY

Knarre30

Glorious 🌮 all over again. If ee can stretch this war/peace thing over the next 2 years, SPY will hit 1000

Lanky-Fisherman-6341

Here’s Claude AI being a negative nancy for *shits and giggles*: The screenshots and the per-lot SPY comparison are the weakest part of his case, even though they're the flashiest. A "Lot Details" screen only shows positions he still holds. His own strategy is to trim into strength — so every lot he sold, and every position he exited at a loss, is invisible here. Three names that happen to be AAPL, GOOG, and AMZN over 2020–2026 isn't evidence of dip-buying skill; it's evidence he owned three of the biggest mega-cap winners of the era. Anyone who bought those on *any* schedule beat SPY. What his numbers can't separate: - **Stock picking vs. timing.** Buying the dip in AAPL beat SPY. So did buying AAPL at random. The dip-timing premium is the gap between those two, and he hasn't shown it. - **Regime vs. edge.** Post-COVID, essentially every drawdown recovered within months. That made "buy fear, sell strength" nearly unloseable. 2000–2013 would have handled it very differently. - **The portfolio claim.** "2x the index over 6 years" is the real assertion, and none of the lot screenshots test it. That said, the boring parts of what he describes — few positions, real liquidity, willingness to buy when it's uncomfortable, not touching options with the core — are legitimately the habits that separate people who do okay from people who churn. On the $10m comment: percentage returns don't care about account size, so the math scales down fine. What doesn't scale is the position. Holding 40% cash for a year is a rounding error in his life and a serious opportunity cost in a $10k account. And a 30% drawdown means nothing to him and can mean everything to someone whose savings that is. The advantage isn't the strategy — it's being able to be wrong for a long time without consequences. I'm not a financial advisor, and this is a read on his argument rather than a recommendation either way.

por_que_

The pain is far from over. That cute little pump was just exit liquidity. SPY will see 7000 shoooon.

financiallythriving

SPY +3% tomorrow on renowned optimism over de escalation of conflict in Middle East

Emperor-_Palpatine

Scalp 0dte SPY $10 at a time

dljmonkeyboiz

My notes … “Buy SPY calls” it’s on my desk

dljmonkeyboiz

SPY 800c gonna be in the money by EOY

ThanksDependent1001

Brothers and sisters, we gather here today to remember the Great Bear Market of July 29, 2026, through July 30, 2026. It was a brief life, but a meaningful one. The bears fought bravely, armed with charts, doom posts, recession predictions, inverted yield curves, and seventeen screenshots of the same head-and-shoulders pattern. They swore the end was near. “SPY $700 by Friday,” they cried. “This is just like 2008,” they declared. Yet, at the opening bell, the market chose violence. Call options ascended to the heavens, portfolios turned green, and countless puts were reduced to decorative digital confetti. The bears are survived by their beloved VIX charts, half-finished YouTube thumbnails, and the phrase, “Just wait until next week.” Pallbearers include Negative Gamma, Bad GDP Estimates, and that one guy who bought puts at the exact bottom. In lieu of flowers, the family requests donations of ramen noodles and margin capital. The official cause of death has been listed as acute exposure to an unexpectedly bullish market open. May they rest in puts.

tropicalia84

750 open tomorrow on SPY 755 by close and then ATH on Tuesday It's literally that easy

onerandomcomputerguy

No but there is a 4x SPY (SPYU) and you can get absolutely torched playing with it. Have fun

tropicalia84

SPY calls ez pz

GeneralWartHogWash

I bought SPY PUTs

financiallythriving

Just need a little SPY +2% tomorrow and I’ll quit options forever

derprondo

You can also just miss out on SPY going up 25%.

unhappyreach_

OTM 1DTE SPY calls Whatever strike is 10 bucks 😘

SadComparison9352

well over long term momentum still wins? Spmo YTD still beats SPY twice over even though semi stocks crashed

tropicalia84

You just know that even with a fake news deal the market going to gap up 2% on QQQ and 1% on SPY just because it can and will

Educational-Play-465

The clean comparison is a shadow portfolio: every time you buy or sell a stock, make the same cash flow into the benchmark you could actually have owned (SPY, a sector ETF, etc.). Compare XIRR after estimated taxes, then compare max drawdown too. TWR helps judge the portfolio process; XIRR tells you what your actual dollars earned. Don't grade each winner alone or one lucky position will hide the rest.

Federal-Watch

SPY this year…you guessed it… flat 😐

orcassharks

Not gonna lie. I did get some SPY puts. But I’m hugely long so just hedging a bit.

GUCCIBUKKAKE

Nice! I started a $1000 0DTE SPY account, non margin. Markets been really good for predicting swings lately. https://preview.redd.it/tgdxl95mqzgh1.jpeg?width=1290&format=pjpg&auto=webp&s=1d5a19616d5c32dd9f9567bcb2a792de5e7a5663

InvestigatorPlus3229

you're never gonna win playing against citadel but sitting on SPY has been a winning move

financiallythriving

SPY +2% tomorrow and I’ll stick two watermelons up my ass

OkBeginning9576

bout to fry some catfish hope SPY does a -2% tomorrow

OkBeginning9576

!banbet SPY -2% 3d Get fukt bols

SxeySteve

I mean... SPY has pumped 18% in 4 months under the same circumstances. 🥭 tweets, Iran denies, nothing changes, market pumps.

kairepaire

The dip basically didn't even happen. SPY nearing ATH again

financiallythriving

We are so close to getting back to SPY ATH Markets yearn for ATH regardless of news

Reply_Stunning

my boi ayatolla junior is buying SPY calls for monday morning

WordsHappenedHere

Tiny green gap up tomorrow. Then a dump and then a pump. Then chop. Then SPY finishes up 0.47 cents. Most in this sub will have executed 14 trades in that timeframe and finish down 13%. “I broke even” they’ll convince themselves. Rinse and repeat for 3 more months. Then come the “sCAm!” posts.

TumbleweedHealthy226

That’s true. But yeah I meant AI stocks not SPY. Could see Mu going to $450 easily…

Psychological-Ship85

Perimeters of deal have been reached. We can all rest easy now. SPY 1,000 EOW

BigKey5644

How much are you losing per trade on taxes vs just holding SPY though

Throwaway37620

Monday: MU🔻 SNDK🔻 SPY📈

TumbleweedHealthy226

Haha similar vibes to the guy who blew up his $200k port on SPY 0dtes and said “market can stay irrational longer than you can stay solvent”

Affectionate_Run3921

My total portfolio that includes my losers, my boring half that is traditional index foundation and bonds, and my cash has averaged +27% per year vs SPY 17%. Typically 60/40 portfolio has returned 12%. The juice from my strategy on this half of my equity bucket and aggressively deploying cash on weakness has made all the difference.

financiallythriving

SPY 760 tomorrow and I’ll stick 760 Costco hotdogs up my ass

faresar0x

Once i had credit spreads on SPY. 10 cons. It expired worthless. Like 2 dollars far. Next morning i wake up to see that i have 500k worth of SPY shares. Somebody exercised out of money options. I literally panicked and was shaking lol. Never happened before. But easiest 3.4k i made. I closed right away to bank the profit.

Dust-Sea

I think we pump for 2-3 days. Reality sets in that Iran isn't going to let Mango Taco. Continues to bomb ME assets, straits remain closed. Mango gets the yips, threatens to use the big red button. Repeat a few weeks until the last barrel, SPY nosedives into oblivion. "Obama and Biden caused this."

nycqpu

Idk how much profit they going to be making. Its insane and it will effect us all with SPY going down

PeachScary413

Lmaoo that's only true if you sit on an index fund like SPY/QQQ or something 💀😭

aurorasavm

\+2% SPY would be sweeeet 🏄

DingyWingyBopper

I’m holding SPY calls that expire on Friday and I never make money so don’t expect anything

GrossFleshSack

On one hand, memory is down so bad it feels like it cant go any lower, on the other hand, SPY is at all time high. If the market decides it wants to go up, memory and semis are going to rally even further, NVDA to 250, but if semis and memory have continued weakness, not even falling much further, SPY will be the one to come down strongly. Perhaps this moment is where rotation will go out of Mag 7, (especially AAPL) and we get another wave of Bag 7, big dick semis, SPY stays relatively flat but slightly up still.

Ok_Cry7572

Every single time the S&P 500 was within 3% of all time highs while the Nasdaq was down 8% or more, the market rallied. This has only happened 10 times since 2000. We're in one right now. QQQ forward returns after this divergence: • 1 month: +4.5% median (78% win rate) • 3 months: +8.0% median (89% win rate) • 6 months: +11.1% median (89% win rate) • 1 year: +13.3% median (100% win rate) SPY forward returns: • 3 months: +6.0% median (100% win rate) • 6 months: +7.4% median (100% win rate) • 1 year: +14.3% median (100% win rate) SPY has never been lower 3 months, 6 months, or 1 year after this signal. Not once in 26 years

Nictel

I want atleast a 2% on SPY this monday. Direction is open to negotiations.

4g63mark

I haven't learned the price action yet for SPY. I need to have familiar price action for my strategy to work.... I definitely will get involved with learning SPY at some point though

hanr86

He saw SPY AH going down so he had to say something to save his calls.

DingyWingyBopper

My girl made me a steak sandwich before she left for work. SPY 800 confirmed

Character_Ad_1485

The concentration concern is legitimate but RSP has its own tradeoffs worth thinking through before committing. Equal weighting means you're systematically overweighting smaller S&P constituents and underweighting the largest ones. Historically that's meant more exposure to value and small-cap factors, which have long periods of underperformance versus cap-weighted. RSP lagged SPY pretty significantly during the 2010s tech run precisely because it was underweight the names that were driving everything. The other thing to consider is that the 40% tech concentration you're worried about is partly a reflection of where earnings actually are. These companies are large because they're generating enormous cash flows, not just because of speculation. That's different from the 2000 concentration where valuations were untethered from fundamentals. If the goal is genuine diversification rather than just reducing tech weight, sector ETFs or a tilt toward international developed markets might give you more control over what you're actually adding versus subtracting. RSP diversifies within the S&P but you're still 100% US large cap.

tropicalia84

Looks like this is deal is the real deal folks Could see SPY at new all time highs tomorrow

bearhunter429

#War is back: SPY down 0.2% #War is canceled: SPY up 2% #Every time LMAO🤌

TheSauce69

Blood green, SPY 770 Monday

boglemydingleregard

RWL. It's SPY but weighted by revenue instead of market cap. Makes it so it isn't quite as swingy due to tech sector. 🥂

Creamed_Dreamer

If we even get an "actual deal" SPY is going up 3% at futes open

Kidatsfresh

SPY pushing 750 on hyperliquid

BarneyThePurpleDino-

To stop TACO, the Dow, Nasdaq and SPY has to fall to zero.

MartianInvestor

Okay okay okay. But WHAT IF it actually all collapsed. New deepseek model, Iran rejects peace, US escalates….SPY 730 Monday. Surely this isn’t just me being a 🌈🐻 and coping 🫩

YTLupo

Ok how about this one on for size: Buying SPY POOTS for 666 Strike monday

AgitatorSupreme

What were your positions? SPY? SPX? QQQ?  How did you know when to switch calls/puts?

PutParadise

That is an excellent point. I was trading $5 wide spreads in SPY, but I moved to $25 wide spreads in SPX. I have a self imposed 200% stop loss trigger that I use, but your point about Max loss risk is valid. I will play around with moving to a $50 wide SPX, which is the equivalent of a $5 wide in SPY essentially

Strong-Comment-7279

It is gambling, and one must pay close attention to it. I don't like spy 0 at all, and prefer to stick to wider plays. Retail is fixated on 0-3. I had a good week - had several hundred expired on Monday Tuesday and Friday from last week, and was still down for the week, but was 10/10 on intra week trades for 20%, w two dangles over the weekend - 8.7 741p and 8.10 674c. Here's something I did: Buy Open 1 SPY Aug 07 '26 $700 Put Limit Day 07/29/26 02:42:30 PM EDT 1 0.64 0.5127 Sell Close 1 SPY Aug 07 '26 $700 Put Limit Day 07/29/26 03:36:25 PM EDT 1 1.12 0.5182

Zephyruos

Oh for sure I got used to bleeding now, as long as it is low and controlled I'm fine for having once or twice market correction or crashed per year. And yeah I know what you mean about you vs MM, its challenging alone so might as well go with the flow, LT options for sure have peace of mind and they have their place. Been blown out once from illiquid options that I went all in, learned the lesson well in sizing down. My 45DTE are mostly either IPO or earning plays, based on the direction, and so far they're either small loses or decent wins, so I'll take that. As for SPY, I prefer it for calls, as for puts I prefer QQQ due to the higher drawdown compared to SPY, be wary that SPY has 0.8 corrwlation to VIX, if you want 1:1 correlation, SPX is a better alternative, might be tad less liquid and more expensive contracts though. As you said, one find their own strategy, might add to that finding strategy based on their psychology, along with based on age, port size and such.

Fauster

For me, I hate seeing huge theta bleed/day. You probably do too. When you see it, ask if your durations are too short. If you have diverse and layered ST (45 DTE is ST for me) spreads, you will have theta bleed jump at out at you from somewhere all the time. Fuck that. Another consideration: When markets are are on fire and your core is skyrocketing, greed starts kicking in (for me and probably for you). You think: the only drags on my portfolio are my VOO/dividend stock/SPY barbell and my bear put spreads. You thought you wanted convexity, but that convexity is hammering you. The greed dimension, the theta-bleed convention, the cost-per-day convention all tell me to get the F away from ST options. And again, the biggest reason I hate them is because I hate fighting the MM. They have so much money, they can pin the price where they want. I can't. The Gambler's ruin paradox/Kelly criterion is at the center of the way I think about risk. Affordable risk management is at the center of how I personally think about my portfolio. I've sold awesome stocks near their bottom when I tapped out due to emotion, not reason. I don't want that. When you buy ST convexity, your are more vulnerable to freaking out over the volatility of parts of your portfolio. You are more vulnerable to the quant algos, you are more vulnerable to the MM. You are more likely to enter a crowded space at the wrong IV. In a huge rally, your super LT spreads won't implode to zero in a few days. But, absolutely, it is great to test a diversity of strategies. Don't take it from me, learn from experience. Open ST and 1-year spreads at the same time. Come back 45 days later and get a real feel for what happened and why. The reason you have bear spreads at all is to manage risk. If you want to pay a lot because you only need insurance for 45-days and are willing to pay more for it, then you have much more confidence that you can predict exactly where markets will be in the near future than I do. The max drawdown of SPY each year is around 13-14%. The beta of a very scary but very tempting stock like SNDK will waver between 3 and 4. That means an AVERAGE 50%+ drawdown per year. Note that I am preoccupied with the question of whether HBM or nand is more sustainably convex.

ThetaEdgeHQ

On the gamma versus IV pushback in the comments: positive dealer gamma doesn't cause low IV directly, but they cluster for a real reason. When dealers are long gamma they hedge against the move, selling strength and buying weakness, which suppresses realized vol. Implied tracks realized with a lag, so a long stretch of dealers being long gamma drags IV down with it. So the poster isn't wrong that they show up together, the causation just runs through realized vol, not gamma to IV. On the actual setup: the SPY pin and the QQQ earnings risk are not two independent regimes you can play separately. The pin holds precisely until a catalyst forces correlation, and a big enough single name tech reaction into that earnings slate is exactly that catalyst. So selling the SPY pin and avoiding the QQQ gauntlet are the same trade, not a hedge against each other. The moment the Nasdaq reaction is large enough to drag SPY, your pinned short vol position and the thing you were avoiding become one loss. That is why defined risk is the honest answer here, not because the pin won't hold most of the week but because the one day it breaks is the day everything correlates at once.

smartello

What profits? He’s up 14% in a year versus 18% for SPY buy and hold 😅

derprondo

Yeah the dips have been bought so quickly that you're still on target. I mean I just have some chart lines charting a channel on SPY that has held up for the past four years. I just think things are going to start diverging now with the war entering extreme uncertainty and the fed potentially changing course.

CharacterStrategy598

Instead of buying 0DTE options sell them. Selling SPY puts set to expire tomorrow makes sense since you were gonna buy the index anyway but now you're getting paid to buy it.

Cavitat

I trained it on options data from 2012-2024 for SPY (Just one asset currently cuz cloud compute costs $), the calibration statistics are shown at the end of each report.

avsfan0829

If the US takes out Tehrans power, you'll dream of the days when SPY was in the 740s

financiallythriving

I will lose my house and my wife if SPY doesn’t hit ATH on Monday by 9:31am ET

BasicallyNuclear

Let me see if I’m understand correctly. - held puts though FOMC, SPY dropped hard, cashed out puts - same day you bought a 1DTE call for the next day, SPY rebounded - sold calls and bought puts as SPY started dropping again. Sold before end of session - moved to Apple and expected the sell off to mean revert so you bought calls. Sold after it broke VWAP on the way back up? My question is how far otm are you hitting

Fauster

For me, 45 DTE is still short term. 120 is better, 180+ is better still. You still have convexity, but less convexity. I do like to pick wide OOM bear spreads for initialization. LT expiries are more expensive up front though, so you can narrow the bear spread a bit if that is an issue. My logic is that is that when own stocks with the most quickly ramping earnings and margin, I have to put up with a ton of volatility, especially overnight and Asia but I don't want to be forced to sell. If the spot drops all the way through a spread, like it did with SPCX and RKLB recently, I mostly just close them, sometimes roll, because I always have layered spreads. If spot drops through the spread, you already made most of the money, and you have lost convexity. But, I don't like to default to rolling because the best time to sell spreads is NOT the best time to buy them. I plan to permanently run with at least 5% of the value of my portfolio in bear spreads, unless the bottom falls out, then I may go straight long again. Because of this, I want to minimize the cost per day of hedging. Year-DTE bear spreads are even better, but again cost more up front. With layered LT expiries, you can afford to wait for great times to buy them, when the sun is out, when stocks are hitting new highs on fierce volume, when MTUM is ascendant, when call interest >> put interest, when there are no massive put floors right underneath the price. Most importantly, when IV < HV. If IV == HV, then I think the options are still underpriced. Black-Scholes models assume a random-walk Gaussian distribution, which is plain wrong. Actual forward distributions are much narrower than Gaussians and have much longer tails on both sides. The market dramatically overestimates the time that the spot will stay in a narrow range. If IV<< HV, on a stock, that is a juicy price. So wait for rallies to find firesale prices on LT puts. No one is forcing your hand. The middle of a crash is a bad time to buy bear spreads, but with 4-12 months DTE, that's fine, because you already have them. I always have a spread because I never expect a security to fall by 50%, though it happens, so why not make it cheaper? With this setup, your portfolio is the equivalent of a Poor-Man's VIX structure. This means you would just flat out buy SPY and buy a SPY bear spread or put at the same time. This is arguably cheaper and better than buying VIXY. I probably have some SPY bear spreads, but I like to concentrate on more volatile stocks but only when IV is low and spreads are good. I like SPCX and TSLA because they are so active so they have tight spreads, so you don't lose on the bid/ask spread just to enter. I'm flat out bearish on TSLA, and a little scared of SPCX because the last falcon heavy launch was a good one. Still overvalued, but I think a lot of retail traders who are rich from betting on TSLA (I was long until the cybertruck and semi delays happend) will give Elon all the funding he needs. I also think that these fanboys are leaving TSLA for SPCX, which is conventional wisdom, and behind all the talk that Elon will try to merge them. I think we does want to merge them, but he would rather hit TSLA capitalization targets first, then roll into SPCX to it SPCX valuation targets. In this market, I don't think he'll get the TSLA kickers, but he certainly could if SPCX made an offer for TSLA that is just ridiculously far above spot. SPCX and RKLB puts were super cheap with great spreads in the early days of the IPO, and let's face it, we know the average trajectory of an IPO. It will open too high, rally to a blow-off-top peak, then fall below the entry point as investors that have been in 5-10 years rush to the gates to unload as the lockup ends. I even have some low-value SMH spreads for more direct volatility purchases. But yeah, tl;dr: OOM bear spreads are very convex when the price falls into them. I just think it makes financial sense to go as LT as you can afford if you want to run with hedging; volatility can literally give me ulcers without them. Every down day, you can sort your portfolio by daily gains, see a lot of green, then think about when you want to close spreads, before you think about selling stocks with strong margin growth into a panic/value-at-risk unwind. Also, when you buy LT bear spreads, you don't have to buy them as often, so you lose money on the spread ONCE, not many times. But, everyone has their own style. I used to take a lot more concentration risk, I've made all the mistakes that noob investors make. Never buy LT spreads when the market is crashing because the MM and Wall Street will be busy stacking puts, IV>HV, a dumb condition.

Cavitat

My model is showing a 95% confidence interval on the long term expectations for SPY that is... egregiously positive. Here's the output, should you desire some background info... [https://www.vyreonlabs.net/spy/2026-07-24/](https://www.vyreonlabs.net/spy/2026-07-24/) Does anyone know what's driving this insane growth and bullish long term positioning? Near/short/medium is a mess, but it seems like the long term SPY prospects are insanely good. The lower bound of the 95% CI is >+5%.

Junior-Appointment93

Depends. SPY, QQQ, Spx or XSP. I watch the price movements the first 20-30 minutes. They will Usally go in one direction. Bottom out and go in the opposite direction. With theta involved you can’t hold them till expiration. I don’t hold them longer than 1.5-2 hours. But usally close then out at 39-40% profit. Then pick a strike price close to what I originally paid for the first trade.

Local-City-2605

Honestly, it's not really about the tickers. Even on SPY you can find contracts that fit a $300 account — the catch is that the cheap ones are cheap for a reason, usually far OTM or a couple of days from expiry, so "fits my budget" and "good trade" aren't the same thing. Two things I wish someone had told me when I started: \- Go deep on the greeks before anything else. An option does not move like the underlying, and until that's intuitive you'll keep getting blindsided by trades where you were right on direction and still lost money. \- Say goodbye to the premium the moment you buy. Treating it as already spent makes it much easier to watch the price do whatever it's going to do instead of panic-closing.

eromynAwonKtnoDI

Weekend check: Hyperliquid $SPY -.46% Hyperliquid $QQQ -.79%

WalkIndividual5122

So SPY calls?

olmsteadsgarden

Only look at one stock. Only enter from 10:30-11:00 AM Eastern. This captures Theta decay after the banks have made their early morning moves. If VWAP is trending in a particular direction this time, you’re already halfway towards beating the 50% chance. Look at a market indicator like VIX (particularly if trading SPY) and make a decision: is it calm or jagged? Make your play accordingly. Start small and build up. As in, one options contract to start. Perhaps paper trade for a month before using real dinero. That said, your balls won’t be tested until you use real dinero. Don’t trade on days with financial news (e.g. jobs reports, interest rates, etc). Note that a day not trading is not technically a day without trading. You are only looking for ripe opportunities. Look at your earnings over a month versus a day for perspective. Good luck! Also, don’t sacrifice more than a few percentage points of your portfolio on any given trade. Sell before 4PM Eastern for maximum gain (versus your provider such as Robinhood) to lock in the best price.

MiniPeepus

I'll give you my strategy. You watch the 1-day 1-min on SPY. You buy on resistance. Then sell when you see 40-70 profit, one or two large candles. Holding past that is begging for pain. Even though you could 3x it, it's better to sell off one hard candle in the direction you are betting, puts / calls. Rinse/repeat.

RedEgg16

I know this is a betting sub but why not just keep buying SPY regularly instead of doing options? Less stress and risk and effort

OkBeginning9576

please god yes, precursor to SPY -2%

Exotic-Plum5191

So buying 8/31 SPY puts on 7/30 was the wrong choice…..

bulgar88

So I have a legit question: how much of this is luck? Do you start with a single contract on SPY and pay attention to market trends/patterns/news? I understand a lot of the bigger moves are 0DTE. I haven't touched SPY myself. My understanding that Vega (IV) i'snt so much a concern on single day options. Genuinely curious. And yes, I realize on the opposite side of his trade, someone lost money.

-sakuranbo

SPY closed green on Friday so 🥭 decided there's room for a few more missiles

Wise-Parsnip5803

60% of SPX is long term gain instead of it all being short term in SPY

orcassharks

My long retirement fund mostly in SPY and VOO didn’t even blink.

orcassharks

We are burning precious weekend hours with no strike lol. SPY 760 Monday

hudson701

Positions? Was it all 0DTE SPY? Or anything with longer expiration ?

Extension_Diet4064

A 10% permanent cash floor works great as a psychological buffer, but holding up to 35% while waiting for market panics introduces real opportunity cost during long bull runs. It's tough to execute on panics without pre-set drawdown triggers (like deploying 5% chunks for every 10% drop in SPY). Otherwise cash sits idle while equities compound. Having strict rebalance rules keeps dry powder working instead of trying to time market bottoms.

GentAndScholar87

OptionCharts has a history chart for every contract: [https://optioncharts.io/option/SPY/contract](https://optioncharts.io/option/SPY/contract)

conciousinsimulation

You are literally getting paid to buy SPY selling puts at a lower price then what it currently is. It's a win-win situation in the long run, unless the market crashes.

Middleclasslifestyle

The YouTube channel that explained it best to me when i had zero knowledge was Pandrea Finance. Look up his videos about selling options and the wheel strategy . Also look up the subredits called coveredcalls and thetagang Because you have alot of capital now you can actually run the wheel on one of the indexes like SPY or QQQ which is generally safer vs doing it on individual stocks. you can open up a charles schwab brokerage account and use their thinkorswim web version to paper trade selling options. You can set the paper trade account to 75k in capital to run a simulation if you were using your real money. Honestly I would learn about it first. And paper trade it first . Even if you decide against its just good to be more knowledgeable about the way things work Or the best advice. Park that 75k in like VOO and chill

Affectionate_Run3921

A steppingstone for me that’s a great strategy in itself is to just shift your weight and stick with SPY. When there’s fear buy more and hold a little less cash. When there’s euphoria trim and raise cash. You can shift your weight, but still always be invested and outperform the average with the strategy. You have to have rules though. You’re not right 100% of the time. Not for everyone. And there’s absolutely nothing wrong with 100% SPY 100 percent of the time as long as you have enough cash to never have to sell during bad times.

financiallythriving

SPY +2% on Monday and I’ll order the (male) strippers for the next WSB meetup

verified-trader

**BanBet Lost** — /u/Long_Dong_Silver6 (1W - 2L, 33%) | Ticker | Entry → Target | Move | Time | Result | |:---:|:---:|:---:|:---:|:---:| | **SPY** ▼ | $743.13 → $735.00 | -1.1% | 1d | Lost |

Aggravating-Big3858

Thanks for sharing ... not here to hate on this fairly sensible strategy. I've essentially been 100% SPY for 25 years, and now that base is big enough that picking stocks and trying to outperform is relatively pointless. Of course I'd love to find the next MU and ride to the moon, but we all know that ain't happening. Buying MSFT or GOOG on a dip is basically just buying the SPY, so unless I start day trading biotech penny stocks I'm SOL

WordsHappenedHere

13% cash. Mostly ETFs. SPY RSP ROBO. Sold my AAPL before earnings. It was my largest single stock position. Hold a few individual names like IONQ, JOBY, PATH.