SPY

marketmispricing

What you're describing is an options P&L calculator — several exist. OptionStrat, [Optionsprofitcalculator.com](http://Optionsprofitcalculator.com), and Tastytrade's analyzer all let you input your entry price and model what the underlying needs to do for a given P&L target. The nuance nobody mentions: mid-contract, you're not just solving for price movement — you're solving for delta, theta decay, and IV changes simultaneously. A $1 option hitting $0.90 intraday could mean SPY barely moved but IV crushed your premium. This is exactly where mispricing analysis earns its keep. Are you primarily trying to set profit targets, or also using it to size positions before entry?

Uniquename34556

Looks like you’re investing in a lot of individual stocks. Standard advise is invest in an index fund in a Roth IRA. You can open one up on vanguard or fidelity and just put it in VOO, IVV, or SPY. These are called ETFs and follow the S&P 500 which are the top 500 companies in the US. It’s self managed (think way smarter than us in general) and they only take $3 for every $10,000 you invest (expense ratio) per year. It’s ridiculously cheap. Historically the S&P grows 10% a year (some years are lower some are higher). This is your low risk option. Mid risk option include other ETFs that focus on growth, tech stocks, etc. High risk is you learn about and play around with options (puts and calls basically betting that a stock will go down or up within a certain amount of time). It’s a glorified roulette table. This is gambling and many of lives and loved ones have been ruined by this. I’m simplifying things but I hope you get the idea.

Uniball38

Huh? SPY was up tues, weds, and today

LadderAdmirable

Dreamt that SPY is opening at 600 on Monday. Regard bols were screaming for rate cuts, fully knowing that Jpow cant do much with inflation.

lysergalien

SPY will be 1000 from the inflation alone, so yeah

shmito17

I need SPY back to 650 next week. Too much to ask? Lol

Future-Call8541

This is so dumb. If I bought during that 10% correction and I hold SPY for 5 years what will happen? If the answer is I'll make money then I don't even know what your point is.

magneticpasta9

The year is 2036, the US have just finished their weekly Iran airstrikes and have gone to truth social to claim victory of the war for the 520th straight week. Elon musk claims that this week for real spacex will IPO. Jim cramer tweets the market will surely feel the effects of the strait of hormuz being closed for the past 10 years next month. The SPY is at 1500 down from its high of 2000.

d33p7r0ubl3

Yeah I doubt it, but you never know with this guy. Too early to say for Monday. Today could have easily been a bull trap that will see downside on Monday so I’m a bit weary. If we pass 658 on SPY then I’ll consider calls

Jericho3434

Some guy a couple days ago put a -640 for his ban bet thinking the - meant downwards. It really went in as SPY negative 640 😂

Gp38Super

99% of my trades are naked Calls/Puts based on market trend. I tend to trade Qs, SPY and SPX puts, rather than individual tickers, when market is volatile or in up trend. VERY seldom more than 4DTE. I look at 130 tickers every day and narrow down to top 20, plus the big boys(Mags) and Qs, SPY and SPX. I then load to excel spreadsheet to filter options that have best profit potential(mostly delta driven since I scalp, seconds to several mins, avg), and open interest to help determine max contract qtys. Anything less than 80% potential on a Monday doesn’t get loaded. By Friday, as profit potential increases(AND RISK), anything under 150% and some Fridays, 200%, doesn’t get loaded. I use TV to chart since TOS lags HORRibly with too many charts, but I use TOS ActiveTradeLadder to enter/exit all trades. SUPER critical, especially with wider spreads. I don’t generally use stop losses or take profit stops, but on options with wide spreads, I often drop a template order, +25%/-15%. I will cancel if price stabilizes. Generally, S/R levels and price action determine SLs. Best advice I’ve heard: when your reason for entering the trade changes, prob best to get out of it. FYI, it’s a RARE day I don’t pull at least 1 100% gainer, and days like today, 3-5, with at least 1 or 2 gaining 300-600%+. I avg about $20k in total trades daily, $2.5-5k each, and look for $3k/day profit. Days like today can easily turn $8-10k profit on that $20k. Couple weeks ago, $3200 dropped to $1850 in a few seconds, so I took my winnings and ran. Left over $75k on the table, $10k within an hour or 2, and the rest later in the day after news ran the market up. Not every day is green, BUT, if I only averaged $1k/day, across 20days, I’ve doubled my $20k. How good of a leap do you need to pick to constantly turn 100% in only 20days? OR, how much more do you need to make $20k in 20days at a lower percentage? YES, takes babysitting EVERy trade. But while I can and want, I’m good with that. When things change and I wanna be less hands on, maybe THEN leaps will be an option. Ha. Option🤣

thekoonbear

Change in option price = change in underlying price * delta Change in underlying price = change in option price / delta Buy 10 delta call for $1 when SPY is $650. Call goes down to $0.90. Change in option price = -0.1 so change in underlying price is -0.1 / 0.1, or -1. SPY is now $649. This is obviously a GROSS oversimplification as it ignores the effects of literally every other input, but that’s the simple math. No one’s creating a website just to do it.

TJMBeav

I will admit that today was very strange and confusing market moves. A bull win, no doubt, but oil remaining elevated while the market rallies almost 2% is definitely confusing. I have three days to ponder. Positions over the long weekend are $SPY 680 and $USO 100 puts.

tdogger88

SPY is flat since September 2025, almost 8 months, despite two of the best earnings cycles we’ve seen in some time. Mag7 is trading for the lowest forward PE since 2022 bear market when oil spiked to $120, inflation was 8%, and interest rates were rising 50bps almost every meeting.

trothechemist

!banbet SPY 635 1w

Virtual_Seaweed7130

Except 1r0nyman leveraged his account like 3000x, having 1.5M in notional exposure to SPY on a 5K account. His calls getting assigned didn't do anything. It was the cascading forced deleveraging at terrible prices that obliterated the account. This is a \~1% position for me. That event can't happen.

fatmummy222

Oil ripping but SPY not dumping. Hmmm 🤔

Retaining-Wall

This is the thing that will take out the markets. SPY 12P 9APR

theipd

You’re absolutely right about the secondary Greeks but it is still a very useful tool. The UI is one of the best and I’ve made money using it. Since I’m mainly trading SPY and SPX I can get vanna etc from other sources and I’m not reliant on OptionStrat (OS) for that. I’ve also built my own tools to work with OS. I love the tool because I can see in real time a lot of things that are going to happen. I do have a folder in the app called Experiment where I have exact same play and deliver what amounts to a stress test with the volatility and close outs on a long position. A lot of the times the simulation keep coming up with the same answer that the actual OS plays show. I’ve been really happy with the software. But I may be an N of 1.

hiphopanonomos

If you told me last year USO would go up 11% in one day and SPY would end green I would have got out of the market then

DiamondG331

Yeah I was 800 points out on NDX Tuesday and it ran all the way against me..I held overnight hoping to break even but nope..I only trade SPY the index funds make my margin numbers go crazy.

Defiant_Regular3738

I didn’t follow my own advice but I also haven’t won recently. Lost 4k on UAMY and SPY poots. Everybody lost on Spy today lol.

Scannerguy3000

What you’re doing is performing as a tight-rope walker because you believe there’s a net. At some point you’re going to find out the crew never actually rigged up the net and you’ve been walking naked the entire time, then you faint. What you’re doing is playing aggressive SPX naked calls and puts. Those orbital distance long positions aren’t doing anything for you. They’re basically checking a box for your broker. Right now SPX, SPY, XSP can whipsaw up and down in a day based on news that hits the market before Yahoo even has time to publish the headline that Trump tweeted. When your essentially naked option gets pierced; your long pays nothing. You’re doing to be $10,000 deep in minutes. You’re lucky to be getting away with this. But in 0DTE, you have no theta on your side. Positions can change faster then VIX can come down or theta can eat the position. You will get wrecked doing this, and it will take out all your past wins.

hiphopanonomos

SPY 750 next month, because why not. they won't let it correct for more than two days

iFunnyImmigrant

!banbet SPY +5% 1w

Actual_Difference617

And SPY was like 300 man.

champagnesupernova62

On SPY Technical analysis is rooted in the past but when a chart rolls over and there's no support a downside capitulation is totally in the cards. Spy could go down 30%. From here. We have a maniac in charge. I've got my life savings in spy,etc, but at least 3 or 4 years of cash. This market sucks. Some will make money and some will not

Spiritual_Taste_1253

If SPY doesn’t move much AH until Monday and no improvements in the war occur over the weekend. I feel like a slightly OTM 0DTE or 1DTE put at like 653 or something will print.

RothTo0DTE

Entries are the hardest and most critical. I have four levels, previous day high and low, previous day close, and pre-market high and low. I automatically get in the pre-market high and lows: puts off the high and calls off the low. I also do calls or puts off the 200MA on the 1 minute. Those are trickier cause the trade likes to break and come back (re-test). Previous day high and low are riskier and I have to see how the momentum is before I get in those. I also have levels where that ticker hits over time like AMD and $200. Exits are easy: look for a trend change. I use the 9 and 21 EMA's for that. If SPY or whatever is going up and never breaks below the 9 EMA then I don't get out. If it does break then I either lighten the load or get out completely. Same goes for the 21 EMA.

LakeShowForLife24

Not necessarily. SPY is still down 4% on the year. Double digit earnings growth expected. Markets typically have positive returns when that’s the case. Fed still gonna cut rates later in the year. Markets are fairly random day to day but when you zoom out we are kinda where we are supposed to be with a near term shock but long term still intact.

Other_Information_16

You will eat that shit no matter what. Musk has a deal to get spaceX into qqq after just 1 week. He will most likely get in SPY as well less than a month. So every 401k that buys QQQ and SPY will be eating this giant pile of shit.

Happy-Champion1661

you missed both sell and re-entry, impressive. Sell when SPY was @ 680-685 (first week of March, not even the top of 698) and buy back @ 630 last Monday when we hit almost -10% on SPY

Zipski577

And now that the week has finished with SPY up 6% from the lows, inverse Reddit retains its 100% track record. All of the 0DTE puts expired worthless. The puts that haven’t expired will now decay over a 3 day weekend. And the funny part is, they paid a PREMIUM for them.

Zipski577

I hope you didnt lose too much on puts. My post was 100% right. The week has now ended with SPY up 6% from the lows. Inverse Reddit remains undefeated

TheOriginalBushToad

Jesus gonna see his shadow on Sunday and declare 6 more weeks of war. SPY 600 eom

looool_k_libtard

Who is excited for spaceX to IPO at 2 trillion, get pumped like crazy/added to SPY, and then proceed to tank hundreds of billions in market cap over the following 12 months as everyone unloads their shares

No-Improvement3164

Fuk Cramer for saying when oil is up this much SPY has always been down 20% the last couple days. Said it again this morning and SPY ripped 2% and roasted my puts I waited til 10:30 to buy. WTF is going on. Seriously

Flat-Focus7966

Cash gang be like - I will enter at SPY 550. And it may turn out that the bottom was last week... Some cash on side is good, but exiting completely is as risky as staying completely invested

ProfessionalPomelo20

How to follow this? I have some calls too, hopefully we both get paid… $15 SPY up by market open

Singularity-42

SPY barely green. My portfolio closed red. 

Oneok-Field

Boots on the ground -> SPY 700 Lets fucking LFG!

AstockcollapseNow

Numb nuts you had enough money to buy the underlying. Why are you trading like that? The second SPY crossed 652.50 you should have been buying shares.

PaperHandsTheDip

If you're actively investing in the market - it's basically a game of betting on news that hasn't been priced in yet / people don't know about yet. Do you know something we don't? I sold most my index funds when SPY was \~685 (feb) due to the rising tensions / war. That's when I made the trade you're considering entering into now. I haven't re-bought yet... I'm considering doing it soon to "lock in the profit". I can increase my units by \~4-5% tomorrow / lock the profit in. That's a fantastic trade (increase shares / holdings of index funds by 4-5%) in less than 2 months is fantastic. This is why people say it's "already priced in". Active investors looked at events that might occur & made bets on it. Once they occur & market reacts, they lock in the profits. IE: I'm an active investor (also passive) who made this same trade, but am looking to lock in profits / for my exit soon.

TheOriginalBushToad

If you're engaging in a holy war against the Islamic state, Easter weekend is the time to do it. SPY 600 eom

RothTo0DTE

I do nothing but 0DTEs. They can be traded and you can make money from them, but you can't be in them all freaking day. Especially on shit like SPY/SPX. Ride whatever wave they give you whether it's a 10 second or 10 minute trade then move on to the next wave.

kal14144

SPY was kil and then rose from the dead today. Jesus can’t pull that off until the end of the weekend. Who’s the real god now

Over-Computer-6464

SPY is fine, but I prefer the more diversified total US market ETF like VTI. Since SP500 is 80% of the total US market there is not a huge difference between SPY and VTI but I prefer the slightly better diversification. And you should also have some international exposure like VXUS or IXUS.

TheOriginalBushToad

BREAKING NEWS; HEGSETH TO FIRE US ARMY CHIEF OF STAFF. Boots on the ground for sure. SPY 600 eom

boogi3woogie

SPY is up and tesla’s down. Sounds like a dream to me!

ExtremeAddict

26% ain't so bad. Just make it back on longer DTE options like weekly and target 1 - 2% max every day. You'll make it back in a couple of months. What was the trade? SPY? Calls or puts?

Unlikely_Proof_7772

WW3 Confirmed ➡️ SPY $800

PompeiiSketches

WTI was 95 when we were free falling. It is now $112 and SPY rallies. Doesn't make much sense.

helloWorldcamelCase

People are getting too excited over the intra day "recovery" which was just in fact MMs harvesting premiums. SPY had 69m vol today vs 152m vol weekly peak on Tuesday. It conveniently finished the day at 655 when max pain is 653. Stocks had no business pumping today when WTI stayed firmly above 110. We are still not out of woods yet.

9009RPM

I bought some SPY $605 puts today due to being the tarriff anniversary. Not working out

Affectionate_Cook455

The moment I bought puts, SPY jumped up. https://x.com/adamscochran/status/2039715337327800570?s=46

Catch_ME

SPY still has to follow the laws of physics.  High oil prices means higher expenses in transportation, factories and warehouses, and construction and raw materials. Oil disruptions are likely to happen if the war continues for 6 months, maybe a little more. Oil shortages stops damn near everything and at that point, it doesn't matter if oil is $200 or 300 are barrel. 

zerowaitestate

It is because of all the punters trading options on SPY. Institutions don’t kneejerk like that

Oneok-Field

If we get boots on the ground this weekend we may push SPY 700 on Monday

Iscratchmybutt

SPY is reaching 700 by the end of April mark my words

Sweaty_Platypus69

SPY and QQQ is really like the Dog meme where everywhere & its surroundings are on fire... but its saying Everything is fine lulz..

LightOverWater

Already had a small panic, selling on high volume. This was over a few days. VIX spiked to 31 and in some premarket was 35. Market was selling off on fear as oil was still rising and people were claiming this would cause irreparable damage for a whole year.  Next day was huge bullish volume almost as much as the biggest sell off. Came primarily off of oversold positions and puts closing. The bullish news was that Iran was ready to end the war, at least more than before. There was massive continued institutional buying for 2 days through SPY 650+ Last night Trump said hes continuing the war. Markets sold off about 1.6% on low volume. Some puts were closed. Hour later Iran says it's working with Oman to write protocols to let ships pass with a $1 per barrel toll. Huge green candles with high volume shattered any residence. Day was massively bullish as dips were bought, VIX is dying, and no almost no new hedges were put in place. We've been in this mess long enough that it's starting to exhaust all parties involved and they all want it to end... but just in their favor. So we'll see. Market sits at 20 day SMA and 200 day, key levels. Markets shrug off negative news but explode higher on positive rumors. It really wants to rocket. A lot of sellers have flushed out and markets still hold a ton of 4/17 puts (hedges and bearish bets). The market has repriced. What's likely going to happen is we're a bit rangebound as Market finds its footing and theta burns the 4/17 options.  It would take a lot of negative news to bring this Market to new lows because a lot has been priced in from a 10% correction. This sell off is event driven, not fundamentals driven, meaning it can always snap back majorly bullish and shrug off temporary negative effects becsuse the market is forward looking.

Pretty_Dragonfly_716

My MSTR $125 calls expired worthless, but my META $570 puts printed bigly, abs my SPY calls mooned before breaking even. It was a meh day, coulda lost a lot more, probably couldn’t have made much more.

-IQ200

SPY 2nd reject under 21D EMA. Let’s see a 3rd reject and retrace down for next week. 🙂

UnivalveX

imagine what happens when the strait is open. SPY 700 flashjump

misterbluesky8

Today’s retail investors are a lot more resilient than the retail investors from 20-30 years ago. Young people like me with a little disposable income will buy almost every dip. If I believe SPY will repeatedly set ATHs in the next 5-10 years… wouldn’t I want to buy when it’s down 5-10% instead of right after another bull run?

softboiledjadepotato

Can't wait to find out what SPY decides to inverse next week

2007endeavor

Bought SPY 0DTE $655 at the close for pennies. Tomorrow we shall ride soldiers.

AntiqueProfessor5134

I guess any bear/bull hybrids who bought both USO and SPY had a pretty good day?

Spicyboi981

When the V-tec kicks in on SPY

Ihateporn2020

i just noticed it was that high. Holy Fuck. SPY will be fucked soon.

orsomeshitidk

I would have slapped the titties off your sweet old granny for a real SPY dump today.

RichardUkinsuch

Meh, im about 99% positive that Iran will attack Israel sometime before Monday morning. Yesterday started Passover, that coupled with those of the Jewish faith not conducting business during Passover. Its a setup for the MMs. There was also very low volume on the markets today, so not much propping up the prices. There are also a bunch of FTDs coming up on the 10th for SPY and those same MMs will do MM things to make that $.

aeromoon

switching to funds tracking SPY is an option

aeromoon

If you have a 401k with funds tracking NASDAQ, you are forced to. If you have the ability, switching your 401k to track the SPY might be better lol

RichardUkinsuch

Go take a look back at SPY every Easter Monday. Shits gonna be red and my crying on this sub and blaming the idiot in chief.

Stardust8938

SPY = Special Poverty Yield

Fire-Lion6

I got accidentally mailed your refunds, actually. Sorry about that, already blew it on SPY contracts

metamorphosis

I bought a qqq 10m after open just a few dollars above the strike with 2.03 per contract , closed at 4x bagger appx 8.00. it was similar action with SPY.

Saltlife_Junkie

I think 120 next week. Hope it opens green Monday. I don’t see it happening but hoping. Then I will go big weekly puts on SPY. This is insane lol

callsonreddit

I heard SPY call was 35 bagger?

rosyvibexz

SPY doesn't care about geopolitics, it only cares about hurting the maximum amount of people at all times.

Source0fAllThings

Where's the guy who posted his aggressive puts yesterday? (Went all in with $110K on 0dte SPY puts)

hotCupADank

robinhood, the brokerage, auto closes a LOT of the options expiring that same day around 15 minutes before market closes (3:45pm est). 0DTE means zero days to expirations. aka the options that will expire today. This can fuck with the price of the underlying (the stock or etf of a given options chain) as the price will be "allowed" to move in a direction that market makers/dealers/sellers of options as they are no longer exposed to the options they sold. almost all the options you buy are sold by people holding or short those shares. example. I own 100 shares of SPY and sell 1 call option at the $670 strike price. if the price is below $670 at the time of expiration, I keep the "premium" of the option I sold. If it goes above, i will have to sell my shares for $670. anyways I dont want to get into this further as you can ask google or chatgpt to explain further, but long story short, lots of retards here buy retarded 0dte options on the robinhood platform, and given that rule of closing at 3:45, things get weird

ComfortableNo5231

Guys if you swing trade SPX/SPY or any index for that matter go read about the JP Morgan Option Collar and the current rebalance that happened yesterday.

Micheal_Hancho

You mean the scene in the movie Downfall where he's yelling at all the generals? 🤣 "Mein Fuhr, ze SPY.... it's.......green......."

makhnosfork

Most definitely if a person got into like SPY early it was a fuckin whopper. Shits too crazy for me. Buying ETFs on red days and sitting tight on green days.

Quick1711

Pam Bondi sacrificed herself for SPY to hold at 655 all day. Did you even say thank you?

DisgrunltedDan

lol bers be like nope  Over $35M+ in single-leg puts were SOLD on $SPY in the final 15 minutes of the session.

rudiilikesbigbootys

Look at all these 🌈🐻 SPY calls over the weekend was free money. Just do the opposite, we're squeezing 

GoZukkYourself

It's criminal that SPY was only up 3% this week.

Happy-Champion1661

Monday green if nothing happens this weekend I wouldn't bet on taco acting rationally on a 3days weekend, but who knows SPY700 eom

spellbadgrammargood

SPY goes nearly -5% for the month, ends -4.5% *Bulls celebrate*

rudiilikesbigbootys

OIL calls & SPY calls is easy money

TheWizardOfFries

Oh yeah and I'm sure that crazy 3/5ths volume average was just your average American driving SPY up $10

pleasestoptalkin

The average American just wants to buy a SPY dip for their retirement account. Not that hard to understand

LadderAdmirable

We are opening at SPY 530 on monday if we don't get good news. Today's move was market anticipating peace deal to be announced soon.

PatrickSebast

Bottom is in. Zoom out a bit on SPY and it looks just like all the other times we were at the bottom that you missed.

Bizonistic

I predict SPY will stay around 656 tomorrow

SonofAngus

Is the market smoking str8 crack? Has the hopium gone straight to the dome? Oil absolutely surging and SPY is acting like nothing is happening?

Amazing_Plankton744

"I'm like a bad penny. I always turn up." \- My SPY put option final value after Robinhood closed it as part of their sellout process