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SPDR S&P 500 ETF Trust

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-48.85% Today

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EVERYTHING ALREADY DROPPING

r/optionsSee Post

I used ChatGPT and Codex to build and backtest SPY + QQQ 0DTE trading bots

$spy odd pricing 6/27

Does anyone scalp SPY options or any other ticker/exchange?

Without Wendy’s there would be no dumpster

SPY This Whole week

Does anyone know why these sudden price drops happen?

r/StockMarketSee Post

On last minute before the close SPY wicked down 2.3% on 10x volume

SPY 0DTE gains to close out the week

Is this a Robinhood glitch? Why is the Open Interest on this random bank put so high if nobody is trading it?

Is this a Robinhood glitch? Why is the Open Interest on this random bank put so high if nobody is trading it?

Researching SPY

r/smallstreetbetsSee Post

Playing around with 0DTE SPY Options

Am I in the Cool Guys club? I know I'm in the Retard Boys Club tho

Behold the 4 bagger!

r/StockMarketSee Post

Finally made all my Investment back after 7 years!!! Part 4

SPY be really drawing today cats lol

r/stocksSee Post

is anyone building algos?

You’re all regarded

r/optionsSee Post

AAPL

r/stocksSee Post

I can't beat the market. I won't ever beat the market. After years I realize that now. It's VOO for me.

r/wallstreetbetsSee Post

Sold SPY for some WEN

r/smallstreetbetsSee Post

10k day scalping SPY

📓 Daily Brief: Theta Gang Goes To Wendy's

Quick SPY hit today, a trust small street bet W

Almost lost my ass with SPY puts today

Trading off Biblical Prophecy [SPY Jan 16 2030 $650 Put]

SPY Calls

r/stocksSee Post

Volatility vs Index or ETF

Volatility vs Index or ETF

SPY calls

climbed the mountain just to fall straight down.

r/investingSee Post

The doomsday argument - are we right on this?

I HAD A DREAM!!! Choppy summer market

r/investingSee Post

I built a free tool that keeps a daily history of your Finviz screeners

r/optionsSee Post

I used ChatGPT to backtest a SPY 0DTE strategy and Codex to build an automated IBKR bot

r/wallstreetbetsSee Post

$SPY -- Bullish? -- 3DTE -- MU Earnings + Semi Catalysts

Help me understand what is limit price

r/optionsSee Post

Options Strategies for ML Model

🚨🚨🚨 $WEN DD: WHY WENDY'S IS ABOUT TO SEND YOUR PORTFOLIO TO THE MOON 🚀🚀🚀

r/optionsSee Post

First 130% Profit Overnight as a Student

r/stocksSee Post

Yes, You CAN "Time The Market." And I'm Going to Prove It, Again.

Should've gotten in this morning

r/optionsSee Post

Reddit Is Buying the $SPY Dip. Are They Right?

r/stocksSee Post

Yes, You CAN "Time The Market." And I'm Going to Prove It, Again.

r/optionsSee Post

Single leg SPY and SPX

r/optionsSee Post

SPY Isn't Pricing Much Movement, But Protection Is Still Expensive

r/smallstreetbetsSee Post

SPY Options 6/23

All in on Zuck. $417,000 USD 🎰

r/optionsSee Post

Weird arbitrage in SPY options?

r/wallstreetbetsSee Post

It was a good run

r/StockMarketSee Post

Has anyone ever heard of a "K-Shaped stock market"?

r/smallstreetbetsSee Post

Update 7: Oops, lol. ~$1,447.94 -> ~$2,712.06 -> $222.20

r/smallstreetbetsSee Post

Update 7: Oops lol

r/wallstreetbetsSee Post

Comebackable?

r/smallstreetbetsSee Post

Warsh's first FOMC presser is Wednesday and nobody seems to be talking about the dot plot risk

r/smallstreetbetsSee Post

Warsh's first FOMC is tomorrow and I have no clue what to do with my port

r/investingSee Post

How many of you have actually calculated your returns against the S&P, properly, and how many are just assuming you're beating it because your portfolio is green?

r/wallstreetbetsSee Post

How viable is a hedge fund that trades exclusively in SPY 0dte’s

r/wallstreetbetsSee Post

I have lost every position I've taken since june started.

r/wallstreetbetsSee Post

Serious discussion: Is it time to full port healthcare, or am I regarded?

r/stocksSee Post

Shorting SPCX post-IPO while long QQQ?

r/wallstreetbetsSee Post

All My Eggs in One Basket: Keep holding NVDA or Sell at a Loss?

r/stocksSee Post

Do you integrate "Quality" indices and "Value" indices?

r/wallstreetbetsSee Post

Space x ipo pending / stock advice

r/optionsSee Post

Sustainability of Weekly Covered Calls + Cash Secured Puts ATM on 50% of SPY Portfolio

r/stocksSee Post

Market Breadth Signals

r/wallstreetbetsSee Post

$17k SPY Calls Gain📈

r/wallstreetbetsSee Post

Teach me how to do it

r/optionsSee Post

My 15-point GO/NO-GO checklist before any options trade, because I kept breaking my own rules

r/stocksSee Post

When Iran war started SPY was at $686 and today $756 (Nearly +10%)

r/wallstreetbetsSee Post

100k SPY 6/16 744c YOLO held through iran deal / Trump's birthday weekend

r/wallstreetbetsSee Post

SPY IS PUMPED!!

r/smallstreetbetsSee Post

Small SPY pop

r/wallstreetbetsSee Post

SPY Dark Flow Read Going Into Monday

r/smallstreetbetsSee Post

Bought at the last dip on Friday

r/wallstreetbetsSee Post

Let the SPY flow

r/stocksSee Post

RSUs and ESPP, cash out and invest in ETFs, Dividends, SPY, or leave it?

r/optionsSee Post

AI trading: my successes and challenges

r/optionsSee Post

AI trading bot-my challenges and success

r/optionsSee Post

Income strategies, SPY or SPX ...

r/optionsSee Post

[OPEN SOURCE] Last month, I deployed an options portfolio managed by AI. I'm up over $4,000 since

r/StockMarketSee Post

SPY and SPYM

r/wallstreetbetsSee Post

Europe Is Too Scared to Grow, So Their Money Keeps Buying My SPY Calls

r/smallstreetbetsSee Post

Question for Trump trading community

r/wallstreetbetsSee Post

Erwin took the trade

r/wallstreetbetsSee Post

5k-66k in 3 days. Life finds a way

r/wallstreetbetsSee Post

0dte SPY strat

r/wallstreetbetsSee Post

$300 deposit Tuesday -> $6,120.97 ($5k withdrawn + $1,120.97 cash left in account)

Tesla is worth $100 trillion not $1 trillion. Here's why.

r/wallstreetbetsSee Post

Tesla is worth $100 trillion not $1 trillion. Here's why.

r/wallstreetbetsSee Post

PDT rule held me back

r/wallstreetbetsSee Post

Got totally fucked by HOOD

r/wallstreetbetsSee Post

How cooked am I?

Mentions

are you checking the price of SPY? or of a futures contract? https://www.marketwatch.com/investing/future/es00

Mentions:#SPY

peace in our time SPY 1000

Mentions:#SPY

!banbet - SPY 1- 800 EOW

Mentions:#SPY

!bambet SPY 5% 5d

Mentions:#SPY

Mag 7 is 7 DJI is 50 SPY is 500 QQQ is tech VTI is everything There is a huge difference between no diversification and simply being top heavy. CEO salary is simply top heavy. Total workers are diversified.

Mentions:#SPY#QQQ#VTI

No not WEN just like when calls on SPY!!

Mentions:#WEN#SPY

SPY $750 tomorrow

Mentions:#SPY

SPY opens at 715 tomorrow. Bol will be confused with this happening inspite of all the good news LMAO.

Mentions:#SPY

SPY TO 990 this week

Mentions:#SPY

0DTE gang checking in, we literally just YOLO our life savings into SPY puts every Friday and call it a strategy

Mentions:#SPY

CAGR of assets for the last six years: NVDA = 62% MSTR = 38% BTC = 32% GOOG = 29% TSLA = 27% QQQ = 18% AAPL = 17% SPY = 15% GLD = 12%

Full port SPY calls seem prudent this week with Independence day.

Mentions:#SPY

And all weekend, AGAIN, I was pissed for not buying SPY Puts….Calls it is!

Mentions:#SPY

Not a problem as long as you actually have margin to fulfill it. Just sell them Monday morning. I forgot to close a call I bought on SPY when it was $510. Bought the call for $511 strike and got assigned. Sold Monday in the AM at $518 bc back then it would’ve been too heavy on margin for my liking

Mentions:#SPY

🌮 right before futes open. Another free 1.5% up day for SPY

Mentions:#SPY

Space X is overvalued by about 3x and the market is already starting to reflect that fact. QQQ not buying the stock until market close on July 6th. After market pump will end in losses in QQQ QUICKLY. At least my degenerative SPY isn’t taking the bait.

Mentions:#QQQ#SPY

I have 1000 SPY calls at 755 expiring Thursday and next Friday

Mentions:#SPY

Anything is possible. We could experience a Black Swan and all thesis is out of the window. So you are right that it has room to go further down. Also look at this monthly chart on SPY. It is following a channel and it for sure shows that it has room to go down. But again....nothing is 100%. https://preview.redd.it/757kdhyh03ah1.png?width=1210&format=png&auto=webp&s=edd751a391b602b7ee5d3fc715d141f9c72bfad5

Mentions:#SPY

I keep my Spiss Sex puts, and probably buy SPY 0DTE puts depending on where it seems to be moving right after market open

Mentions:#SPY

There’s a difference between aggressive day trading to significantly grow an account versus buy and hold SPY. You clearly don’t understand this. 99% of Reddit blows up because they don’t implement basic risk management AND they don’t have a sufficiently high win rate. For some reason you don’t seem to understand this concept. Your failures in trading don’t need to be projected buddy. You now have 3 different people trying to explain how crazy you sound.

Mentions:#SPY

SPY drop premarket, up 2% close

Mentions:#SPY

So the world isn’t on fire right at this particular moment. That means $745 SPY tomorrow.

Mentions:#SPY

!banbet SPY 725.01 18h

Mentions:#SPY

Are my calls SPY calls printing 📈📈📈😎😎😎🦅🦅🦅🇺🇸🇺🇸🇺🇸💸💸💸

Mentions:#SPY

SPY will go to 800 when that one guy gets his LEGOs back

Mentions:#SPY

Might be cheeky and but a 720$ SPY put expiring the same day tomorrow morning. 🤭 Calls prolly later in the week for pre 4th of July rally

Mentions:#SPY

Who’s buying NVIDiA? The whole World - It’s the #1 holding in nearly all the major ETFs like SPY, QQQ etc

Mentions:#SPY#QQQ

OP I started trading options slowly beginning of 2025. My first trade was a 0 dte SPY, and was profitable on my first trade. I’m thinking great. My next 9 trades all losers on 0 dte. I quickly decided that wasn’t for me. So I started slowly with watching more videos, found my sweet spot with 14 - 20 dte trades with some weekly expirations. Built my own spreadsheet with both chat gpt and Claude so I can start tracking my trades which helps immensely. I mostly keep an eye on and track what deltas and IV I trade. Been happy with the results last year did approx 125k in option profits and have already surpassed that this year. Don’t get me wrong, I am bag holding one ticket still from last year which taught me a huge lesson, which was not to chase premiums. If a csp I have sold is way OTM I let it expire worthless and others if I can get anywhere between 70-85% profit I will BTC early to get into the next trade. I have also wheeled quite a few tickers for very good results. I have also learned not to be worried about assignment on stocks I don’t mind holding. Go slow and find a style that fits your risk profile. If done correctly you’ll be fine. Watch as many videos on YouTube to help with different approaches to trading. That has been a huge plus for me, as I’m still watching getting ideas from different perspectives on trading. Good luck.

Mentions:#SPY#BTC

SPY leaps. Hopefully it comes back

Mentions:#SPY

SPY opens at 726 or lower or I will sandpaper the hair off my sack with 80 grit

Mentions:#SPY

Save my SPY Calls you piece of shit!

Mentions:#SPY

Monday: Bombs flying wars back on - SPY down 1% Monday 11:30EST: “canceled scheduled bombing” - SPY up 2% Tuesday: “ceasefire talks going well” - SPY up 1% Wednesday: “ceasefire talks going well” - SPY up 1% Thursday: “ceasefire talks going well” - SPY up 1% Friday after close: OK back to bombing

Mentions:#SPY

Looks like talks which were scheduled for this week have been cancelled. SPY should go down 0.5% on this news and then pump 5% when the talks are back on the schedule again the week after next.

Mentions:#SPY

!banbet SPY 750 18,232d

Mentions:#SPY

Dont forget that last minute dump candle that sold SPY as low as 716. That was way too low for "rebalancing". That's one of the more obvious "oh yeah we knew about the Iran attacks taking place right after market close"

Mentions:#SPY

Next week will be the BULLIEST week for SPY.

Mentions:#SPY

SPY 710-715 by open LMAO. We are not going up as long as rate hike fears exist.

Mentions:#SPY

I'm hoping we crater on open so I can get some SPY730C for cheap. I'm gonna get them with super long expirations, I'm thinking like a week at least. Then sit back and hope for a giga pump leading into the 4th. This is not financial advice, or like... it's bad financial advice.

Mentions:#SPY

Technically OP already bought the shares of SPY when the option got assigned but yes basically this.

Mentions:#SPY

Just don't get how Bols can't see the crash coming. Just a few examples: The most unsuccessful person at running at profitable business in history is in charge of trying fix what he broke. And has *Pepe No Balls.img* 🐝 🐝 can't stop blasting. 🥭 can't control 🐝🐝, so Strait will remain closed. Weekly Lower Highs popping up all over, most prominent in SMH, with no alternative rotation that can = similar results. And on top of all that, when  Bols are reaching up and crying out for Rate Cuts in July, September, and October FOMCs, one of the Kevin's will look down and whisper "No." Bols R Fuk is not a Meme. It's 100% what happens at the end of every Stonk Market Rally in History. This time is no different, but will probably be one of the more spectacular finales. And if you need final proof, just look at the Salty responses below 👇. Strait is the body of water of the moment, but Bols are swimming in Denial. SPY 600P Expiring 11/30/2026 🍿 🐻🎆🎇🎆

Mentions:#SMH#SPY

Maybe because there isn't one? Successful 0 DTE strats tend to use index options, like SPX, rather than SPY. Use XSP if you can't afford SPX. FWIW, you can't use paper trading to judge the profit/loss, or indeed anything, about a strategy. Paper trading is not intended to simulate real money profit/loss. It's just meant to teach you how to use the trading platform of the broker sponsoring the paper trading platform. As such, the fills on paper trading orders tend towards expedition over reality (fast is better than accurate). You may be able to fill 10 out of 10 orders at the net mark in paper trading, while the exact same order on real money fills 0 out of 10 orders.

Mentions:#SPY

Literally shows a SPY PUT order in his order history. No mention anywhere of a spread or any legs anywhere in the post.

Mentions:#SPY

First thing at the opening bell tomorrow: we need to see if QQQ and SMH can stop the bleeding and start outperforming SPY again. If they keep lagging behind small-caps and defensives, it means the AI hardware cooldown isn’t over yet.

Mentions:#QQQ#SMH#SPY

Jesus Christ. Just put it all in SPY and retire already.

Mentions:#SPY

Looking forward to making a couple thousand tomorrow from SPY puts

Mentions:#SPY

If you’re day trading options you’re gambling. Don’t gamble with money you can’t afford to lose. When you’re at the point where you have $100k invested, invest $95k like an adult and then take the other $5k and screw around day trading options for fun. Ah I’m just kidding - take the $190 you have left and put it on 0 DTE SPY calls at open tomorrow.

Mentions:#SPY

This happens to me all the time. You will now have 100 shares of SPY that you need to sell in the morning. Brokers usually give you couple hours to do so. I’m also assuming you’ve sold a put spread, not a single put.

Mentions:#SPY

Now you really scared and confused him by telling him he needs to buy SPY. That’s not true and he doesn’t need to buy anything, and doesn’t even have a margin to buy more stuff. He will be assigned SPY shares and needs to sell them, not buy them.

Mentions:#SPY

Spent all my money on SPY calls instead

Mentions:#SPY

The usual. Full blown war, oil to $200, SPY delisted in Monday

Mentions:#SPY

Yep. Which is what you're doing when you're trading. What "evidence" could possibly exist that a 7 day SPY call is mispriced? There isn't any. Nobody knows the theoretical value of an option, some models are useful but all are wrong

Mentions:#SPY

SPY HITS ALL TIME HIGH AGAIN. I time travelled to next Friday and saw this news.

I wouldn’t expect it. Nothing has escalated and most oil has just rerouted south, increasing costs by about 30%. I would just expect oil to creep up a bit of the months but not push SPY down. 

Mentions:#SPY

I think SPY 725 is support But idk shit about technicals

Mentions:#SPY

SPY opens below 725 or nah

Mentions:#SPY

Yeah SPY rise 0.1 percent followed by a 2 percent drop…

Mentions:#SPY

Reading the weekend thread, you would think that SPY is getting delisted on Monday, as well as all tech stocks

Mentions:#SPY

I wonder if one day wsb will be 99% bearish on SPY causing a price spike to 1000 dollars overnight.

Mentions:#SPY

Good thing you stopped reading. SPY is up 12% since this post

Mentions:#SPY

I think 🥭 invaded Iran because he really wants to get himself an "shah of Iran, king of all kings" title for himself because it soothes his ego. calls on US-Iran war. calls on Oil. puts on SPY.

Mentions:#SPY

the bit about "downloaded 5-minute SPY/QQQ data from TradingView" stands out — TradingView's 5m bars aren't clean for 0DTE backtesting because they include pre-market and after-hours prints that don't align with 9:30-4:00 SPY options settlement. you might be getting phantom signals from 4:05am or 8:00pm candles that flat out don't exist in live 0DTE trading. worth checking if your backtest filters to regular session only, or if those extra candles are inflating your win rate.

Mentions:#SPY#QQQ

Weekend futures are red. Where the fuck did you see them green? SPY and QQQ are both down more than their closing Friday price right now

Mentions:#SPY#QQQ

She couldn't even beat SPY in the past year

Mentions:#SPY

Everyone always say that about SPY yet it keeps dropping lower. I wouldn't get your hopes up. There's a lot weighing down the market right now and this is gonna be a volatile week

Mentions:#SPY

Oil will drop to 60 per barrel n SPY will go to 750 on monday

Mentions:#SPY

When market opens Monday I'm going 100% calls on MSFT and 100% puts on SPY. THIS IS THE NEW WAY

Mentions:#MSFT#SPY

You forgetting about the time a few weeks ago where USA bombed Iran over the weekend and SPY started its move back to ATH? I think every here with their “MoNdAy GaP dOwN” is forgetting about that.

Mentions:#SPY

What if he doesn’t have the $73k to buy 100 shares of SPY?

Mentions:#SPY

Here's another more clearer example than SPY. If you draw a line from March 31st on SMH to last Friday, you can see the SMH clearly breaking the trend and now resisting it. This is going to have ill effects on SPY even with rotations beacau se of the concentration in tech, and SMH within tech. This small fraction of the economy has been used to try and rally the whole economy, so any rotation out of SMH will almost 100% have to be a downturn because the rest of the economy has been going into recession for awhile.

Mentions:#SPY#SMH

Look at what happened to SPY after the forever war in Iraq started

Mentions:#SPY

Bols are fuk. Doesn't look like ceasefire is holding. 1-2% gap down or worse on monday and SPY back to 650 around July opex.

Mentions:#SPY

Looking at all the losses in this sub got me thinking SPY and chill makes you the top 10% of all investors

Mentions:#SPY

Using SPY as the example: That did absolutely nothing to reverse the overall downward trend from the Weekly Lower High that formed June 15th to June 22nd. Now SPY is showing a Consolidating Bear Flag. This usually occurs before the next leg down.

Mentions:#SPY

Whats the prediction for SPY on monday?

Mentions:#SPY

different tools for different uses. SPYI underperforms SPY in a bull market and has higher fees, but during a flat market like we are entering it will do well, even a bear market it will drop (slightly) less than SPY. Also for those of us with this in our regular account and looking for a monthly income stream, most of its dividend is ROC which means no tax (huge advantage). In a raging bull market, yeah you better off just put it in SPY. But I believe we are past that now, and will be flat in the next 6-12 months before the inevitable ai bubble crash, which will be spectacular. Watch the 10 year treasury yield and open ai infrastructure spend, the money will dry up, then everything comes crashing down.

Mentions:#SPYI#SPY

Market running on pure Retardium. It might seem like 🥭 can just say Peace Deal XXX and once again we'll go into an uptrend, but this thing's ready to dive and keep diving for months. SPY 600P 11/30 is where my next Wendy's paycheck goes after July 4th. Edit: Also, MU sold off prob because Big Money knows cracks show 2Q Earnings. Otherwise why would MU selloff. It's not Retail doing that 

Mentions:#SPY#MU

If you hit a big drop like that, the math works. The issue is doing it consistently. Short-term tax drag stacks up fast, and it's tough to beat a basic buy-and-hold index when you're giving up 22% or 24% of every winning trade to the IRS. Do you benchmark your returns against SPY?

Mentions:#SPY

He has to but 100 shares of SPY at slightly above market rates. He can then just sell them for market rates. Losing competitively little.

Mentions:#SPY

Guessing he sold SPY puts and got assigned on Friday so he has 700k of SPY in his account, but a negative 50k account value = margin call

Mentions:#SPY

I tried this once and the bank called and asked what I wanted the loan for, I told him I just wanted to buy and hold SPY, he said “yeah no”

Mentions:#SPY

High oil prices-> low SPY -> high MSFT SaaS baggie copium

Mentions:#SPY#MSFT

ARK is only down 37% over the last 5 years while SPY is up 70%. Most regards here are down 80%, so Cathie Woods is way smarter than WSB.

Mentions:#SPY

Doing a few 0DTE puts on SPY and maybe Tesla, maybe one or two further out, then buying calls expiring in October

Mentions:#SPY

So we get war + AI deleveraging + end of month/quarter rebalancing going into Monday? SPY to open at 700 LMAO

Mentions:#SPY

POV: the year is 2080, mango is still president, gas is 60 a gal, SPY hits 10000 after the thousandth ceasefire

Mentions:#SPY

Hard to believe SPX/SPY is about to crash out. Until you zoom out to the 1 Month chart. Then the clear Bear Flag it's been forming makes it very easy to believe. 😉🐻

Mentions:#SPY

SPY is going to open at 700 if we have an actual escalation. Oil is going to gap up 10-15% tomorrow overnight

Mentions:#SPY

Well SPY went down like 4% this week, so, yeah

Mentions:#SPY

I realized $16k of profit this week on MU and scalping SPY. It feels good. And different. Looking forward to fucking it up Monday. 🍻

Mentions:#MU#SPY

If it makes you feel any better, if you'd put 100k into SPY 18 months ago you'd have 125k now. If you put it into micron 18 months ago you'd have 1.1 million now.

Mentions:#SPY

Ceasefire: SPY 2%+ mega green. War restarts and exchange missiles: -0.01% flat.

Mentions:#SPY

SPY 732 Calls for Monday am i fucked or

Mentions:#SPY

Appreciate the detailed response — you're right on the implementation, and it changes my numbers. The missing piece was the entry logic: first trigger TOUCH locks direction, that same candle must close beyond or the setup is dead, no later candle confirms. Once I implemented that exactly, my SPY count drops from 85 to your range — and with a 14:00 ET entry cutoff I reproduce N=38 exactly. SPY trigger-fill total comes to +55.24 vs your +57.37 (within 4%). My earlier 85-trade version was a genuinely looser strategy, so that critique of mine was off. (What's your actual entry cutoff? 14:00 reconciled my count — curious if that's it.) One residual gap: my win rate lands \~68% vs your 84% — I book more small losers on what's otherwise the same day set. Best guess is my data runs a few June sessions short plus next-bar fill granularity, not a rule difference. The part that I think actually matters, though: I ran your EXACT rules in other years. Because price levels differ across eras I express results in basis points of underlying (bps), so they're comparable: 2026 H1 2022 2023 SPY +13.1 bps +2.2 +4.8 QQQ +12.6 bps -1.4 +0.1 The underlying edge is strong in 2026 H1 and \~zero (QQQ negative) in 2022 and 2023, with your exact entry logic. Win rates stay high (56-69%) in those years too — but expectancy is flat-to-negative. That's the scale-out signature: lots of small wins, a few scaled stops, high win% that doesn't translate to P&L. Whatever positive shows up OOS comes almost entirely from the short side in down/chop tape, not a stable edge. So I'd push back gently on "confident with the strategy overall." On the underlying it looks robust in-sample and regime-dependent out-of-sample — exactly the profile that tends to disappoint live. On options: fully agree neither of us priced the contracts, so I won't claim theta/spread "kills" it. But the flip side is the same — a high underlying win rate doesn't prove option profitability either, and the underlying base outside 2026 is \~0, so the options version would start from flat-to-negative in a normal regime. The thing worth doing before risking capital is pricing it against historical 0DTE quotes or honest paper fills. That's the only test that settles it. When I was starting I did this exact thing between gpt and Claude. Anyways, that’s it from me good luck dude 👍🏼

Mentions:#SPY#ET#QQQ

so this was written by chatgpt because i can't be bothered to write it all, but i thought you'd be interested. i ran and reran the numbers I have, and I'm confident with the strategy overall: Thanks for running it, but there are several implementation differences here. The 38 SPY trades are reproducible once the full rules are applied: the first trigger touched locks direction, that same 5-minute candle must close beyond it, a failed trigger candle ends the setup, and there is an entry cutoff. Allowing any later candle to confirm either side produces your larger count, but that is a different strategy. I accept that I omitted those implementation details from the original post. I also reproduced the QQQ result directly from my TradingView file: 27 trades, 25–2 and +34.104. I did find one floating-point boundary issue where a displayed $4.28 range was stored as 4.279999…, so after correcting that it becomes 28 trades, 26–2 and +34.438. Holidays are already absent from both datasets; the 120 days are actual trading sessions. Your fill criticism is fair insofar as trigger-relative targets are not identical to movement captured after the confirmed entry. On the actual 38 SPY trades, adjusting to the next-bar entry reduces approximately +57.37 to +42.97, not +33.7. Your 52% reduction is calculated on your separate 85-trade implementation. I also agree that the width band needs OOS testing. However, your 2022 test percentage-scales every dollar rule and replaces the fixed band with a rolling percentile band, so it is a useful robustness test rather than a replication of the exact strategy. The 2026 period was directional, but it was not simply a bull tape with no downtrend: QQQ had an approximately 11.8% decline, 15 of the 27 trades were shorts, and about 62% of QQQ points came from shorts. Finally, I agree that underlying points do not prove option profitability. That requires historical option quotes or live paper fills. But because neither backtest priced the contracts, saying theta and spreads definitely eliminate the edge is also not demonstrated yet.

Mentions:#SPY#QQQ

I ran it through my system for the same period and one oos just for quick test and this is what it returned. \# Reddit "ChatGPT 0DTE SPY+QQQ bot" — Independent Replication & Findings Layer tested: UNDERLYING-POINTS ORB only (their backtest was also underlying-points, not option premium). Honest causal fills. \## THE STRATEGY (as posted) \- SPY: 9:30–10:30 opening range (5m), trigger $1 beyond range, enter 0DTE call/put AFTER a 5m candle closes beyond trigger. Scale 25% @ +1.50/+2.25/+3.00, 25% runner to +5.50. Hard stop -3.00. Time-stop if +1.50 not hit in 60min & <+0.50. Force-close 15:30. \- QQQ: 9:30–10:00 range, trigger $0.75, ONLY trade if range width in \[4.28, 5.14\]. Scale 40%/40%/20%, runner +5.50, stop -5.00, runner->BE after TP2. Force-close 16:00. \- KEY: targets/stops measured in UNDERLYING points, NOT option premium. \- Their claim: SPY 38 trades 32-6 (84%) +57.37pts; QQQ 27 trades 25-2 (93%) +34.10pts; combined +91.47 over Jan 1–Jun 25 2026; every month positive. \## REPLICATION 1 — their window (Jan–Jun 2026) Their claim Mine (honest close-fill) SPY trades 38 85 SPY win rate 84% \~50% SPY pts/trade +1.51 +0.40 QQQ trades 27 30 QQQ win rate 93% 77% QQQ pts/trade +1.26 +0.81 Why it breaks: 1. SELECTION — a $1/60m-OR trigger fires \~73% of SPY days = 85 triggers, not 38. Their 38-of-120 implies an undisclosed filter or a hand-picked subset (the mechanism that manufactures an 84% win rate). My QQQ count (30) \~matched theirs (27), validating the OR math — so the SPY gap is real, not a bug. 2. LOOK-AHEAD FILL — their rules require a 5m candle to CLOSE beyond the trigger, but P&L is measured FROM the trigger (already in the past at close). Honest fill (close/next-open) halves SPY: +69.9pts (trigger) -> +33.7pts (close), -52%. 3. NO OUT-OF-SAMPLE — SPY +9.3%, QQQ +20.6% over the window, sharp drawdown then V-rally = wide opening ranges + trend-day follow-through, the friendliest possible tape for ORB. No downtrend, no chop, no OOS. 50W/8D over THAT is evidence of a trend, not an edge. 4. QQQ width band \[4.28, 5.14\] admits only \~26% of days = pre-selects clean mornings (tested separately below). \## REPLICATION 2 — out-of-sample regime test (2022 full year, down/chop, 251 days) Era-portable method: all dollar levels scaled to % of price; P&L in bps; width band defined causally on trailing 60-session \[p25,p75\] (no in-sample peeking). Does filtering for "clean" opening-range width add edge OOS? NO. No filter Mid-band width filter Delta QQQ (trigger-fill) +0.5 bps -1.8 bps -2.4 bps/trade WORSE SPY (close-fill) +0.9 bps -1.4 bps -2.3 bps/trade WORSE Their exact band (re-expressed %): \~0 bps QQQ, -3.5 bps SPY (worst SPY bucket). \- Whole strategy is flat-to-negative in 2022 regardless of filter (\~+1bps SPY, \~0 to -1bps QQQ, all within noise). Confirms the regime call: 2026 was the artifact. \- Win% stayed 64–70% while avg bps went negative — high win rate is NOT profitability. \- Honest caveat: magnitudes are single-digit bps/trade, within sampling noise. Precise statement: "no detectable positive transferable width-filter effect; point estimate negative on both symbols and both band definitions." \## THE OPTIONS LAYER (why points never mattered) "+X underlying points" is NOT a return. Their backtest priced zero options. Translating to actual 0DTE P&L only makes it worse, three ways: \- THETA: a 0DTE ATM option bleeds extrinsic continuously; a +1.50 underlying scale (\~+0.20% on $745 SPY) booked an hour in can be flat-to-negative after decay. \- SPREAD: 0DTE bid/ask is routinely 5–15% of premium round-trip — paid on every one of 85+ scale-out legs; the points model never pays it. \- STOP ASYMMETRY: risks -3.00 underlying (frequently a -60% to -100% premium loss on a 0DTE) to make +1.50 first (a small, theta-eroded gain). The option translation flips a marginally-positive points tape into large-loss-for-small-gain. \## BOTTOM LINE 1. Edge is REAL BUT \~HALF the claims (SPY \~+0.40/trade @ \~50%, QQQ \~+0.81 @ \~77%) — and only in-sample. 2. The 84% SPY win rate is NOT reproducible (their 38 trades vs my 85 = selection). 3. Entirely inside one trending half-year; flat-to-negative in a 2022 OOS test. 4. The "clean range" width filter does not transfer — flat-to-negative OOS. 5. None of it survives translation to actual 0DTE option P&L (theta + spread + stop). => No edge worth trading.