SPY

MattieShoes

The S&P 500 is an *index* -- just an on-paper listing of 500(ish) of the largest US stocks. They make sure all sectors of the market are represented, and they weight the stocks by market cap. S&P 500 funds just copy what that index says. There are MANY S&P 500 index funds. I don't know how many, but I assume without checking that there are well over 100 of them. For the most part, it doesn't matter which you choose because their holdings will be nearly identical, their performance will be nearly identical. The list (off the top of my head) of why you might care: 1. Expense ratios. These basically get subtracted from your return each year. SPY has 0.09%, VOO has 0.03%, so in theory, VOO should outperform SPY by 0.06% each year. But there's so much random noise because maybe they rebalance on a slightly different schedule, on different days, etc. that it's almost irrelevant for such low expense ratios. It is something to look out for if some financial advisor dude is pushing an S&P 500 index fund with like 0.7% expense ratios though, because that's insane. 2. ETF vs mutual fund. Again basically the same performance, but one might prefer one to another. 3. if mutual fund, are there trade fees? For instance, I have Schwab. I cannot trade Vanguard's S&P 500 mutual fund (VFIAX) for free. I can Schwab's S&P 500 mutual fund (SWPPX) for free though. So if I wanted mutual fund over ETF, SWPPX would be the one for me. If I didn't care about mutual funds, I could buy any ETF for zero trade fees, so IVV, VOO, whatever, all fine. 4. If I want to play options games like selling covered calls on my S&P 500 fund holdings, I'd want SPY, full stop. VTI is also an index fund, but it's a different index. Instead of including 500 of the largest US stocks spread across all market sectors, it has several thousand US stocks spread across all market sectors. But since it is also weighted by market cap, that means those 500 largest that comprise the S&P 500 also make up the majority of this other index VTI uses... three fourths? I'd have to look, but that's a reasonable ballpark. And the several thousand smaller companies tend to follow the same trends as those 500 largest ones, so their returns are... not identical, but nearly identical. In theory, VTI will outperform if small cap companies outperform those mega-giant companies, and VOO would outperform if those giants outperform smaller companies. But in practice, it's mostly just all cancelled out over the long term. TL;DR: VOO or VTI, doesn't matter.

Fit_Neighborhood9251

When I started playing at the casino, the rules were SPY at ATH, stocks also at ATH. Now SPY is ATH, stocks are 10 to 25% off ATH. Can someone let me know when the managers updated the player code?

wallstreetbets-ModTeam

Thanks for your submission! r/WallStreetBets is ultimately a community about making money through trading, and our conversations should shift around that. Politics are fundamentally intertwined with making money, and political actions almost always have an impact on financial markets. Still, we need to make sure that when we have these discussions, we're explicitly calling out the financial impacts of the politics we're discussing. Otherwise, the conversation can very easily veer off into flamewars and boring, unproductive, discussion. Here's an example of a political comment that doesn't offer any value: * "I hate this new green policy from the Biden administration. What a fucking idiot" Now compare it to this: * "I hate this new green policy from the Biden administration. It threatens the profit margins of oil companies because they will need to expand their OpEx. I have calls on Shell that are going to get decimated at open." The latter is significantly more interesting and offers a great jumping point into market related discussion. Put succinctly: If you choose to start or engage in arguments about libtards or Nazis instead of making fun of their bad SPY long then you're in the wrong place and we'll show you the door. If you're not sure if your content is political, it probably is, and there's probably a better way to post it without making things weird. --- All that being said, we are here to help. We want to make it as easy as possible for you to post to our community. We have to balance this with making the subreddit interesting for our readers. If you need some guidance, don't hesitate to [reach out to modmail](https://old.reddit.com/message/compose/?to=/r/wallstreetbets) and we'll give you some pointers!

CMDR_Shepard96

I went all in on MSFT & SPY. Haven't seen either position green in weeks 🥲

IPureLegacyI

He should double or nothing the entire portfolio on SPY, this friday at 3:30pm, no balls

makelefani

To answer your question, if am reading the picture well, it's a ORB setup. From 9.30 to 10am, you just mark the High and Low in that period. then between 10 and 11, if it breaks the high, you buy a call and with a profit target (and maybe stop loss) of 30%. SPY has enough interest and IV that these moves are possible and happen often and very quickly. If it doesn't break that high, you don't buy anything. In a comment further down, OP said they do calls only, but the reverse would be true as well but you would be buying puts when it breaks the low. And yes, I suspect there are definitely shills for that platform as well.

teh_herper

SPY already overnight at 685.7

No-Replacement-8297

Had quite a few SPY 687 puts expire worthless you fucks!!!

hungover247365

NVDA is mooning, QQQ/SPY is tanking, Rest of Mag 7 falling hard. NVDA alone won't be enough to rescue the market. Maybe no black Wednesday but if calls print I will eat a bag of dicks.

Encouragedissent

SPY for sure if you ever plan to use options strategies such as covered calls, plus the spread on the equities market is going to be tighter as well. Really both expense ratios are rock bottom. If you look at the difference in returns even over a long horizon its only a few hundredths of a percentage better for VOO, which is probably made up for by the better spread on SPY.

Economy-Working-3255

Ahh yess I remember SPY being up 145% YTD.

TotalArgument5072

https://preview.redd.it/4qgjwfzunhag1.jpeg?width=1179&format=pjpg&auto=webp&s=770c4f988f7d41947f3590db73632efb236b5170 The SPDR S&P 500 ETF Trust (SPY) is currently exhibiting a strong uptrend, characterized by higher highs and higher lows over the past six months. This suggests sustained buying interest and positive market sentiment. The price has consistently remained above its key moving averages, indicating robust momentum. The current price of 687.01 is near its 52-week high, suggesting strong bullish sentiment. A breakout above the recent peak around 691.65, as per ChartScanner.AI analysis, could signal further upward movement. Conversely, a dip to the 650-660 range could present a buying opportunity, as per ChartScanner.AI analysis, representing a retest of previous support.

RangerNo5619

I hope you don't have all of your money (like your retirement) invested solely in SPY. Even though the statement you made about SPY recovering from an AI bubble pop due its diversity is true, if the economy as a whole happens to be on a downturn close to retirement, you're going to wish more of your portfolio was invested in bonds and government securities.

UncleJackKellyLawyer

I pledge allegiance  To the flag Of the United States of SPY

n1ck90z

december unemployment rate will be 3.7% and the fed will cut, SPY 700

UncleJackKellyLawyer

It should be SPY ETF first Not EIS ETF first 

bamboojerky

How did you lose money on AVGO, AAPL and SPY500, lol?

Memento_mori9608

at this rate SPY $684 at open

ShadowMoneyLurks

Fine, ill save calls again; !banbet SPY -3% 1d

Frequent-Hat-5260

SPY 700 was promised 3,000 years ago

MagneticRetard

Just got off the phone with my rabbi. He says SPY 700 tomorrow. Sorry bears

XPandingMinds

Better than SPY to just hold and not worry about because it has a lower expense fee than SPY.

lososome

I was suggested the Vanguard SP500 is the way to go. What do you think? Is it the same as SPY?

catchy_phrase76

And SCHG and VONG have consistently outperformed VOO and SPY. If you have a long runway, either is a better place to sit then VOO.

BeneficialQuality899

SPY is the og. Better for trading

ZealousidealSound200

VOO’s solid for long-term, but don’t sleep on SPY either. Both track the S&P pretty closely.

Beregond17

That's exactly what I do... SPY for options and VOO for buy and hold

Thebaxxxx

I could have held back the rise of AI by buying 3 year SPY leaps back in 2023. We'd still be "on the cusp" and "figuring it out". Thered be a lot of skeptisism around it.

CMDR_Shepard96

Remember when SPY and MSFT were capable of more than 0.1% green

sl3azebag

680 SPY Jan 1st!

Beetin

Kind of the same way you take 500 and go to 90k, a series of insanely risky trades so that you lose 80-90% almost immediately on the wrong day, but gain 10-30% most of the time. OP is literally just playing a pretty bad slot machine with shit like 0dte SPY trades, then being shocked when they eventually lost everything. They deserve every new all time high with their 'smart' decisions (not random luck) and got screwed by 'bullshit' every time they lost money.

ericphiser

Couple things! Finviz as my resource to start my research, they have a great news watch lists. From there, start looking into the sector that it applies to, GPT works great here. Ask about the changes that have been occurring in the industry (any new laws, any big swings in major players, etc). From there, I use the RSI of SPY for that week (since I rarely have the time to stare at the screen every minute observing the changes). If the RSI is below 40, call, above 65, put. Most importantly, ALWAYS TAKE THE 20% GAIN. Sure you miss out on some meat, but Id rather be well fed on a 1 day gamble than roast myself later. Rinse and repeat

sailortyx56

SPY 700 was a meme after all.

notapersonaltrainer

SPY

Memento_mori9608

that’s ballsy, if I were you I would buy put leaps on SPY instead

Condhor

Okay you fuckin monkey, what is stopping you from buying $670 SPY calls 3 months out? Or fucking $220 GOOGL calls 6 months out? OR ANY LEAP AT ALL?

ReThinkingForMyself

Look up SPAN margin, which describes some of the methodology for calculating Portfolio Margin. As far as I can tell, SPAN margin calculations are proprietary and vary a bit from broker to broker. With PM, buying power and maintenance balances are calculated based on daily risk to your whole portfolio, not position by position as with RegT margin. SPAN calculates more realistic and less conservative buying power limits, and is less restrictive on low volatility indices like SPX, SPY, etc. I'm fortunate in that I've not really tested this, but I believe that PM will provide an edge in a volatility event like a market crash -- a PM account gives you more cushion against BP restrictions and thus more freedom to maneuver when you might need it the most.

Daydream_Dystopia

I Agree. VOO and SPY buy the same stocks.  VOO has a slightly lower expense ratio so you make like .1 % more per year. When you are looking at 9%+ returns Either one is a good choice.  EFT’s sell instantly verses mutual funds which take an extra day or two. So either one is a good choice. 

Pendleton1910

They track the exact same index. Functionally identical, SPY has an expense ratio of .09% and VOO is .03%. Thus the slight edge to VOO, IVV, and SPYM. SPYM is .02% but lower trading volume and wider price spreads. In other words be careful with SPYM market orders, better to use limit order to be safe.

BARREN_WUFFET2

!banbet SPY 675 16H

waterfeelswet

Yes and yes, SPY would have a beta of 1.00.

trent_upscale

What? SPY 700, eventually

FranklinUriahFrisbee

VOO has performed better over the last 10 years but SPY is very close.

Happy_Discussion_536

What u/kittylover-7 said. 7500 minimum. There's a few things I'm watching for early next year that will likely push that to 7700 but yea bare minimum SPY 750 easily.

financiallythriving

I need 10 trillion stimulus injection into SPY overnight

shagazelle

Tomorrow's the last day to get your YTD green. I'll take a 40% gain on SPY tomorrow pls

Amazing_Plankton744

!banbet SPY 679.99 1d or my plankton is only OK

LongroddMcHugendong

What’s that? Sorry I only trade 0dte SPY options

Pashahlis

Ah. Interesting. And similarly itll go down 1.88$ if the market falls 1$? Is this a specific calculation done against $SPY?

WSB-mods-are-

SPY vs. Hydraulic Press tomorrow

topicalsyntax571

SPY and QQQ short term pullback before earnings seasons. Earnings are still strong. Bigger pullback near midterm elections. Bullish on Energy, Financials, Healthcare, and Communications. Flat on bond funds such as TLT. Bullish on gold, silver, and copper with pullbacks inversely with the SP500.

Ancient_Sort5820

You must kill the SPY man 🧐

ironxylophone

Stop thinking about trading, dump into SPY and use the extra time to work at McDonald’s. You’ll earn more and become more intelligent than most here

NeedleworkerOne8258

Believe it or not ! SPY gonna moon tomorrow! 🔮

Internal_Field5970

Oh fuck it’s over, they shot SPY

MagneticRetard

Sorry chuds but SPY 700 tomorrow

hungover247365

AH SPY will close at 685. Give room for us to breach 680 tomorrow. I wish I gave astrology/technicals more credit, that triple top around 690 was a clear sign to get the fuck out of all positions.

kountconk

Stay away from 0DTE for SPY until you master trendlines, indicators, candlestick patterns, MACD, and Volume. I've been getting cooked this week doing the opposite of you, even ITM Puts, because the movement of the SPY is so weak and slow.

PaperHandsTheDip

Real estate tends to underperform the SPY. It's also not as "cheap" as it looks at first glance -- expect to spend \~1.5% of the homes value in repairs / maintenance per annum. This is lower for new homes / new builds (but also more expensive). Throw in the mortgage / interest on that and your returns are not actually that great. Real estate is good for stability - it tends to be less volatile than the stock market (but also lower returns). It's great if you want a long term place to live, stability in your life on that front, etc -- but from a financial perspective there are better options. You likely won't find anything better than the S&P500 over the long term.

hiphopanonomos

u/Happy_Discussion_536 hey it won't let me reply or message you but the remindme I set 6 months ago hit and you were right on the money for EOY SPY, well done. Can you do a 2026 EOY SPY now that I know you are the oracle

E82822

See I can’t trust you guys “SPY drilling to the Earths core” *didn’t even hit yesterdays low yet*

hungover247365

QQQ and SPY straight up drilling to the earths core. Kamikaze dive bombers, giving me WWII flashbacks.

sailortyx56

SPY committing sudoku AH.

-IQ200

If SPY opens below 686, I wanna see a open pump fake & reject 686 for a mean slide. 🛝

sailortyx56

SPY being a bitch AH.

SomePolack

EUAD up 73.2% YTD VYMI up 33.4% YTD SPY up 16.8% YTD Eurorich ETF’s won this year boys, mangoo destroyed the best economy in the world less than a year and it’s only up due to AI fraud 

callsonreddit

I feel like SPY is toppish and may bleed for a week.. And that holding tech stocks will be affected Lmk if you disagree

Fhyzikz

SPY to 600 tomorrow on news that I got hair gel in my eye and it stings really bad per Wallstreet Journal

Wide_Load_7075

$SPY every time i yolo calls you go down!

savemoney_god

!banbet SPY -1% 5d

Farfarch

Did anyone else buy puts on SPY right before market close?

sailortyx56

SPY is up 0.8% for this month. Got one trading day left.

smart_doge

SPY 800 by EOD tomorrow :cope:

i_simp_f

$SPY 700 EOW Why am I not allowed to say slurs in the cinnabon

financiallythriving

I fell for the SPY 700 meme and now I’m going to lose my house

pistachiopias

$SPY has been good for me. Decent premiums, relatively stable, and plenty of liquidity. Not the fastest grower, but slow and steady gets the job done. BRK B is another one I've been running it as well.

grimandnordic1

Well after today I need SPY to +2% by eod Friday or I'm gonna be really bitchy

ArchegosCapitalCEO

Tomorrow is the day SPY goes negative YTD

Maximumm_Drawdowns

My moves for tomorrow are to watch SPY continue to theta fuck my calls probably

Thebaxxxx

If the market wasnt manipulated against its participants, there would be billionare-made option traders. But it doesnt work that way. I can see behind the scenes, i work in institutional trading. Whenever a large number of market orders fill - the market resides. Whenever an option is bought at market, the price is set up to where the client gets the worst deal possible, or just misses the mark entirely (thus cancelling the order). The exchanges themselves have become a black hole of information that very few can comprehend. But it all leads down a path of lost money for the masses. Long term holders make money becouse the market floats upwards due to inflation. Neither SPY, VOO, QQQ kept up with inflation though. Cost of food energy and living in general is up 300% over 3 years regardless of what the data shows. Doesnt take a genuis to see a house worth 60k 4 years ago is worth 300k today.

advantage_player

It turns out when SPY doesn't go up in a straight line I have a real cash flow problem

WSB-mods-are-

Wtf i just sold SPY $698 calls for tomorrow as a joke AH and they filled instantly?! Thats either a really dogshit algo or someone here lmao

financiallythriving

Alright so I need SPY +1.5% tomorrow. SAD!

DrHoflich

Look to ETFs. ETFs are a diversified fund. There is a small fee for using them. QQQ and SPY for safer plays. You can even just look what stocks are in these ETFs and copy them purchasing the stocks directly to avoid the fee. It comes down to your risk profile and time window. If you have a long time window, I’d routinely just buy in set intervals stocks like Microsoft, NVDA, Cummins, WM, etc. and set it and forget it. Maybe buying a little extra on dips. Personally, I make some riskier plays, but also value invest. I sold my PLTR, NVDA, IONQ, and AMD for some decent gains, now I am waiting for a larger pullback in the “AI” market to buy back in. I recently purchased, Chipotle and I am up 20% on that, but may sell soon and move the position to Duolingo. I also purchased KVUE at 16.50 (Tylenol) as the company is doing well, but the stock is down on bad press and another company is looking to purchase it at $20 a share essentially just handing 30% gains to stock holders if the deal goes through. Most of my long term stocks are REITs I purchased extremely cheap during the COVID crash.

HorseTanker

If you put $100 into SPY at the beginning of 2025, you'd be up almost $17. Take that lesson into 2026 when you consider options and let it ride!

WhoCaresWhatITink

Nice little 10 point "f you" on the SPY at the very end there.

IndependentUsual7444

SPY 700 on friday

Virtual_Safety9104

I'm grinding. Strategy is there. Risk management is there. But I'm struggling with the psychological aspect of trading tbh.  Any progress with you? Did you check out Eric from SPY Day Trading?

Thebaxxxx

Theoretically the new age algos might be shifting to silver as a test of real world power shifting. Started with mid caps, got those bound up, then moved into the larger picture ETFs, eventually SPY. Metals is a significant shift becouse its real. China wants this to happen to inflate the value while its banned. The trade war goes deep, and i think china seeks to capitilize here. Controlling the prics of stocks on companies? Meh. Controlling the price of silver indirectly via the stock market amongst other metals? Now thats real, tangible power. If they can do it, they win the trade war.

AnyLadder5165

PM *can* help in situations like this, since it nets risk across positions instead of treating each leg separately—especially with SPY where correlations are high. That said, it cuts both ways: margin relief is nice, but losses can accelerate fast if the book moves against you. It really depends on your deltas, strikes, and how concentrated the short calls are. What are the expirations and how directional is your current exposure?

Iunatic

It's PLTR. 10% moves are like 1% for SPY lol

financiallythriving

Need a 50 trillion injection in SPY right now

-IQ200

Easiest play tomorrow on SPY: above 689 = calls / below 686 = puts.

blalah

SPY struggling to close green like a three legged dog on ice. Still holding all my calls. I don't give a flying rat's ass anymore.

PltoMsnLXIXThe2ndMsn

There are stocks other than SPY

superzorenpogi

wtf is wrong with this SPY, it started going down I thought there was an action, and then boom, upward again but to breakeven not to break AHT

parallelogramm3r

SPY is exactly like me…Gets up early, puts in some effort for the first few hours at work, takes a dump during lunch then says “fuck it” and gets beaten down for the rest of the day before getting a second wind right before it’s time to head out to the bar.

hudson701

SPY 0DTE Monday morning you'll be back in the kill zone no problem 👍🏻

Chemical-Engineer969

SPY will hit 696.9 tomorrow. Accept it.

Chemical-Engineer969

SPY will hit 696 tomorrow. Accept it.