Reddit Posts
$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 $6,120.97 ($5k withdrawn + $1,120.97 cash left in account)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.
Tesla is worth $100 trillion not $1 trillion. Here's why.
Why not SPY puts with SPCX IPO
What’s SPY closing @ tomorrow? Place your bets
Bought 2 minutes before the news dropped.
SpaceX: People are getting this IPO wrong
Yesterday: $300 -> $33 -> $770 into today -> $382 -> $2,494 -> ended $2,177 but with CALLS, bitch!
Yesterday: $300 -> $33 -> yesterday -> $770 into today -> $382 -> $2,494 -> ended $2,177 but with CALLS, bitch!
Tried to join bulls today but we know where the money is🐻📉
I Sold All My VOO for a Concentrated NVDA Bet. Should I Have Just Bought Options Instead?
Me watching the SPY shit its pants for the 4th straight day in a row, like:
What's the equivalent of SPY for europeans?
Is the macro pivot actually happening or are we just being played by the Fed?
Why I think Berkshire Hathaway is the best investment right now
Going all in today on SPY puts, wish me luck.
Bought this for today, is it realistic?
Came across buy and hold 17% CAGR portfolio backtested since 1987
I missed out on 10 grand because I had a meeting at 11am
🚨 New Congressional Trade Disclosed 🚨 15% return, 70% win rate (Buy at disclosure, sell 90d later)
Bogle vs. Buffet vs. Dalio - Long-Term Investment Strategies Backtested over the last 20 Years
Bogle vs. Buffet vs. Dalio - Long-Term Investment Strategies Backtested over the last 20 Years
The market panic looks overdone follow up- choppy ahead of CPI, but positioning is improving
I analyzed which sector is most sensitive to hot CPI reports (24 - 26)
First time day trading with PDT gone, doubled my account today. SPY puts Friday and today. All intraday trades, wins in red boxes.
The market panic looks overdone - Korea, SMH,SOXX, VIX, Jobs, and Oil
Went from a +6,467.76% gain to a measly +4,735.41 gain on MU LEAPS. The one time I should've listened to you regards I didn't. FML
Some honest assessment of my investing strategy and why "steady but surely" beats "get rich now" if you're not devoted to trading
Turned a $2k account into -$738,000 while the market was closed. Am I fucked?
Would anyone actually use a SPY 0DTE-specific backtesting platform?
When the media says a market crash is coming, the opposite always happens
Having to sell $10k to pay bills. Which one would you pick?
Volatility Hit SPY. The Case for Staying Invested Still Holds.
Glad I held these SPY puts. Up 300% today.
Port opened -30% and ended +170% thanks to SPY
SPY calls are the easiest money there is right now
For those investing in S&P 500 ETFs (VOO/SPY/IVV), how have your returns been?
10-Year Backtest: Leveraged Momentum Turned $10K into $347K (vs. SPY) - Thoughts on the Strategy?
New Congressional Trade Disclosed: 20% median return, 95% win rate
New Congressional Trade Disclosed: 20% median return, 80% win rate
Get Your Salad Tossed With $SG — Green Is Literally In The Name, Cannot Go Tits Up 🥗🚀
THE BIGGEST BILLIONAIRE HAS SPOKEN OF A RECESSION , WHERE DO YOU THINK THE RECESSION CRACK WILL HAPPEN
I had a dream that the market will fall tomorrow. SPY puts
Mentions
760 SPY calls will print
If you put them all in 0dte SPY at the bottom and then sell when the price goes up, you can make it back pretty quickly.
Circling back to [$SPY](https://aimytrade.io/ticker/spy?utm_source=reddit&utm_medium=comment&utm_campaign=SmallStreetBets&utm_term=SPY&utm_content=template_1781390385583_bioi8o). I check where the open interest is sitting before anything. Still deciding for myself.
Need SPY and APLD to pump harddddd
10% day tomorrow on SPY, War over and signed. strait of hormuz maritime traffic is fully opned
So deal signed tomorrow, surprise rate cut Wednesday…SPY 800 Friday. Ber fukd.
Be aware of the wider bid-ask spread due to the four-leg structure, as well as the assignment risk on SPY. Ideally, the front-month short legs should have elevated IV relative to the back-month long legs. The goal is for front-month IV to fall while back-month IV remains stable or rises..
The one and only time I had the idea of "hey, I'll do 4-5 weeks out and just hold!", the market took an absolute shit that day and I lost over 20%. On fucking month out options. Never again, lol. I felt stupid watching them then waver each day but not really recover. I have been tempted at times to buy LEAP SPY calls vs. withdrawing money when I do win, but as things sit now I feel like things are overpriced too much to warrant that. There's going to be a pullback at some point, timing it's a bitch though.
I did this week $480 to $5400 doing 0day SPY puts but now that I have decent buying power I’m trying to play long dated swings instead now
If you can tolerate taking gains, just switch to SPYG. It has the same protection as SP500 SPY or VOO and basically tracks with QQQ
Excited for SPY to 1000 during the third term
Too the moon on Monday! SPY calls making a last minute come back like the Knicks 🔥
This is such bad logic. Unless you’re comparing it to holding shares/LEAPs for a year (which, 0dte scalps on SPX rather than SPY covers long term gains anyway)… how is it different tax-wise than any other trade? “Screw making money… think of the taxes!!!” 🤡
0DTE calls near the money typically cost around $100-400 per contract. They can move significantly very quickly, not unusual to see +/-50% within a few minutes - so very easy to lose money, but can also make a lot quickly. Yesterday SPY also saw some big jumps so it’s possible they made it all in a few minutes with just 10-20 contracts, or could have been a dozen trades over the course of the day.
I like 0.2% OTM options. SPY on good/bad days usually moves like +/-0.5%, and on sideways days it can move +/-0.2% I've rarely seen SPY move less than 0.2% in a day
How much OTM do you buy your ODTE? Is there a big difference in intraday theta decay between a 2 dollars, 5 dollars, and 10 dollars OTM for a position like SPY?
Do you stick to one SPY 0dte a day?
Try SPX, not sure what is your size and invest per trade, but if you able to pull this with SPY, you can do the same with SPX and then you got two advantages: 1. Tax benefits 2. No risk of assignment, but since you are doing in and out, this is not imp, but tax advantages are real.
On IWM, SPY? What stonk?
!banbet SPY 778.69 72 hours
SPY 800! Fuck u bers!
My 1dte SPY calls from Friday better print
VIX is calculated from SPX options, especially OTM puts and calls, not just puts. Also, “better off buying puts instead” is not automatically true. Buying SPX/SPY puts is a **directional bearish bet**. Buying VIX products/options is more of a **volatility/fear bet**. They can move together during selloffs, but they are not the same trade.
We're going to rip past ATH and then remember everything is totally fucked. Full port SPY ATM Cs at open, scalp, flip, repeat till lunch and then be cash.
it’s really is vibe and luck based. in the beginning where i had the most success i was literally just watching the 1min candle chart on SPY, calls when i thought it was too low, puts when i thought it was too high and made a fuck ton of money. i then went to learn price action and stuck indicators all over my trading view and then went broke. i’m back to just trading shares with a shit ton of leverage cuz at least they don’t expire
SPY on hyperliquid is going down on the deal news LMAO.
lol i bought SPY 0dtes with margin on wealthsimple and went $10k into debt. didn’t quit and i’m only down $2k now
If SPY opens at 900 my calls might be saved
Cmon baby lets see a +2% at market open on SPY.
*Translation***: SPY OPENS UP AT 800 MONDAY**
You guys don't understand. Deal to initiate negotiations is bullish AF because it means we can pump on every 1% progress made in the "negotiations". Anyway SPY 1000 EOY
Since I'm linking to this a lot since I put the full list of posts in here, I will share an important piece of advice. From a technical "acktually" standpoint, I'm partaking in the gambler's fallacy. The fallacy is generally that past results predict future results, but more precisely it's if the roulette turns up red say 5 times in a row, or in 15 of the last 20 times, it's more likely to turn up black on the next spin, or the one after if not, or the one after, etc., and additionally technically that you can take advantage of this by backing up plays (aka DCA, dollar cost averaging, etc., which works radically differently with options which I'll explain). Yes, tons of people have gone broke doing this in casinos, trading, what have you. It's not infallible. It's highly regarded, and highly risky. BUT compared to what most degenerates here are doing, like buying 120k shares of a penny stock, YOLOing various market cap strikes of an IPO that by any stretch of the imagination has market cap waaaaaay over the actual value of the company, in general YOLOing, etc., this is less risky and much more likely to actually build up an account from very little vs. piss it all away in an instant. I know this because I've gone the straight YOLOing route enough times over the years on what I thought were "sure plays". Not even just over the years - early this year I was throwing money away here and there, I haven't done the stupid shit like playing through ERs in a long time, and have even 99.9% of the time in the past few years now been sticking with SPY vs. playing individual stocks which is IMO better for a variety of reasons unless you're a practical insider of a company with how well you know them, then by all means play individual stocks. So that was the setup to the actual important piece of advice, which is this: I've talked about "backing up plays", which is sort of like doubling down on them, but with important differences: 1. I'm playing mostly ATM options (EOD maybe slightly ITM which is safer). When I'm starting with only $300, I might have to play a bit OTM earlier in the day because of the pricing especially lately with the high volatility. **If something moves against me enough that I need to back my play up, the options I bought are probably no longer ATM.** 2. Therefore, if my goal is to play ATM, it's against that goal to double down on the options I bought before. Those aren't ATM anymore, they're OTM. 3. Now why this is crucially important to what I'm doing NOW vs. what I was doing a month plus ago the last time I traded: THERE IS NO PDT RULE NOW. I don't HAVE to buy the same option to avoid an additional round trip that counts towards the 3 daytrades in 5 days. And thank fucking god, because that was a recipe for disaster. 4. So even though it's a pain in the ass to close out multiple positions when the time comes, I still will buy a strike or two inside of what I bought, NOT the same strike. 5. "but y tho?" If shit moves sideways for 5-10 minutes, an OTM option might lose 5-10% of its value, or much more if it's later in the day. An ATM option might still lose a bit, but nowhere near that. I don't absolutely need the market to immediately move in the direction I need. This is what was killing me before, just months ago. I was chasing what were probably bad plays, and the absolute worth thing would happen. The market would either go sideways or slow burn against me and not at all take a sharp move in the direction I wanted - until it was too late. On RH, "too late" is 3:45pm onward because they'll auto-close open 0DTEs at that time. This also killed me just end of day Thursday but to a lesser degree. I got caught in that slow burn up, and I did a few things wrong besides completely mistiming the original puts: 1. I backed my play up way too soon multiple times. 2. I did initially buy same strikes twice when I did that, but because I was backing my play up too early and my strikes weren't really OTM yet each time. 3. Before I knew it, I had 10 options 3 points OTM, 20 options 2 points OTM, 20 options 1 point OTM, and 10 options ATM. I think that was over the course of 7 buys. Want to guess at end of day what those 3 points OTM options were worth, when I'd paid maybe $1 each for them? Something like 7 cents each. Bad, very bad. At some point I should've bit the bullet and rolled those back to fewer / closer ATM strikes. New lesson even amidst 20x in 4 days. The one and only thing I did right was when things moved solidly back in my direction towards EOD, I closed almost all of it out vs. waiting for a reversal to get boned even more. That I need to do more often - I would've been up more yesterday if I'd done that with the calls I had left. Instead I waited and a slow burn down got me so I sold IIRC at $0.55 vs. $0.80 I could have. One final note: Yes, if you're wanting to play options that will take advantage of ERs coming out minutes after 4, do NOT play 0DTEs on Robinhood because you'll suddenly get sold out at 3:45 and wonder wtf. Use WeBull or whatever. WeBull is fine, it just always felt more cumbersome to use for me. When it's approaching that time, play 1DTE if you want to play til the final 4:15 bell.
I got calls on SPY expiring Monday so I’m praying for an insane bull market
SPY dropped nearly 3 % in a single day last week. How is this a sell the news situation? If weare actually getting a peace deal tomorrow the market will reach ATHs
SPY 750 next week please and thank you
Just got back from 2030. We have pumped to SPY 6969 on the 696th peace deal. We are now closer than ever before to finalizing the MOU of the concepts of peace deal. Whoremoose is still closed
SPY gonna trade sideways monday, anyways SPY 740 by EOY
How did you determine when to buy I do these plays sometimes when volatility is lower but I have a low loss tolerance and I’ll sell after making $20-$30 if volatility starts to reverse my gains. I also cut my losses early as well… if I let it go beyond $20-$30 then I have a hard time cutting my losses and I end up cutting when I’m down $100-$200. Do you buy large quantities? What is your “strategy”? Sounds like you had a lucky day but I also had a nice 0DTE SPY option run at the end of the day. I need some ideas. I will say TSLA options have been working really well for me. I had aa bad run cost me $200 but in general they are great for scalping a quick $25-$50 per option, sometimes double that. I don’t feel the need to push it - if I can do this a few times a day it provides a nice bump. Maybe my risk tolerance is too low. But i have been treading water with my account for over a year, slowly losing money.
If you buy into QQQ, you're forced to buy SpaceX. The execs who manage the NASDAQ index (that QQQ is based on) recently made some changes to their rules to allow SpaceX much quicker than usual. Statistically, new IPOs usually perform poorly for investors during their first year. More importantly, the rule changes happened in a manner that feels openly corrupt. The managers of the S&P500 index (that SPY is based on) decided to keep their sensible rules that have been in place for decades. So SPY investors won't have to buy into SpaceX for another year.
SPY to 770-780 then plateau feels very plausible to me. But who knows
So OP is the reason SPY went sideways on Friday...
In reality if the war ends the market goes flat or down because inflation goes down. I mean look at how SCHD preformed prior and SPY SMH and SPMO were flat for a year before the war. Was this all just a squeeze?
Always. There is always a bargain. You just need to find it. HINT —. It ain’t the SPY.
Instinct I guess. If it opens green and starts dumping, I wait for that candle to stall and then buy some calls, then sell on the inevitable V, and vice versa. SPY fluctuates so much you can rely on it making erratic back and forth swings at the beginning of the day, just play the reversals. You won’t make +200% gains on everything (or really anything unless you get crazy lucky) but you’ll make consistent +10-20% gains on those options and close them out quickly. If your account is below the 25k threshold you can only make 3 of these day trades a week before you get flagged as a pattern day trader though so trade accordingly. Also, im highly regarded (as are we all in this sub) so take anything I’m saying with a massive grain of salt.
Gonna be hammering SPY calls first thing Monday. We’re back, boys.
You can just invest in the S&P500. Tried and true method. Gains havent been as high as AI, but its also the long term set it and forget it method. Either SPY or VOO will get you in. VOO has a lower expense ratio, so I prefer that one.
QQQ in case there's no tech bubble plus SPY in case there is I suppose
Biggest Green Day in years on Monday. Deal being signed tomorrow SPY +3%
If SPY doesn’t open up with a gap up then the deal is fake
So maybe I will prove to be wise to have held my SPY 740c through the weekend. Maybe we open monday at 750+
Oh wait I think I get it. So today Nvidias lowest price was like $204 I noticed this when it was around $204.40. Thought ok, buy $205 calls $205 calls were $0.25 It slowly went down to $204.10 Then NVDA went back up to $205.20 $205 calls were then $0.55 That’s what that means? Sorry if formatting is weird. Does that still work for QQQ or SPY intraday when moves are much smaller?
This is the biggest bull signal I’ve seen in my entire life. SPY to $10k
Serious pro level shit. Also serious pro level shit, but easier - SPXW 1dte. Me, I'm Ichi. SPXW and SPY Ichi worldview.
I stopped trading 2 years ago. I got on this morning, and had very little in my account. Ended up with 187% profit on the day, playing SPY puts and calls. Definitely got me back into wanting to trade again.
u/1200ikeatables !Banbet SPY 776 61hrs
OP, how much did you put into the SPY call?
Elmo can yolo $1T on SPY 0dte and make it $100T next Monday
SPY $780 by pre-market Monday
I did short IC on same day expiration SPY options. Not a bad idea, but not sure if it is worth the hassle. You lose once a week, which takes all your weekly profits
You xan pick your stocks by yourself, the Nasdaq100 is driven by only 10 - 12 stocks because their weight depend big part on the market cap. You can buy a DOW ETF or another not market cap weighted index or do more sophisticated things like long on SP500 ( e.c. SPY) and short by derivatives on the Nasdaq100 to eliminate high dependencynof overweighted tech stocks.
SPY is working overtime for uncle sam. SPX, same trade less taxes.
Bols really need peace deal to work out, else we are opening at SPY 730 on Monday LMAO
How did you learn how to trade SPY0DTE? I’ve heard a lot about this but no idea how to do it
'Which it will undoubtedly do' there it is. SPY will undoubtedly go up over the long term as well so I'm going to buy SPY calls... Do I really need to say more about your 'strategy' as described.
I’ve been dabbling with SPY options and honestly there is enough movement in the market these days where you can make a quick buck or two buying in either direction.
I explained my positions in the post. Made a few thousand off of some SPCE calls and the rest was 0dte SPY options. I have no issue posting the positions, but its going to be 50+ screenshots worth lmao. Theres no real valuable information from my positions. Im just rolling my dice in the casino 🤙
Posts title "0DTE SPY strat" and proceeds to not explain anything You can just say you flipped a coin a bunch in a row
Iran media reports they will be digitally signing. Pakistan PM says it's done and will be announced in due course over the next few days. Let's hope Sunday night for my SPY 750s
Iran deal + potential AGI from anthropic being limited to USA. SPY to 780 by Monday LMAO
See the trick is to hold past that -40% point, and wait for a little V or dump to be up 20%. I play 0DTEs all the time, and I’d say around 75% of the time im in the red with the trade at some point, but come out ahead like 60% of those. Play these options within the first half hour of market open, SPY always jumps around so much early in the day that you’re pretty much always going to have a moment in the green, then you sell.
Do you think SPY is going to go up? Don't buy calls, sell puts.
can you explain a bit what's SPY 0DTE and 1DTE are?
u mean you beat the market, SPY only up 8.7% ytd
USA 3-0 SPY mooning Monday
AI is getting so powerful that we are putting export controls. And regards here are still buying puts in AI companies. Anyways, SPY to 770 Monday LMAO
Eh, I had a call that I bought yesterday that I should have sold, but I also had SPY calls so I came out a little ahead.
[$SPY](https://aimytrade.io/ticker/spy?utm_source=reddit&utm_medium=comment&utm_campaign=SmallStreetBets&utm_term=SPY&utm_content=template_1781311377549_yeakb0) popped back onto my radar. I would rather check the analysis than go on gut feel. Still deciding for.
SPY opens at 770 on Monday after peace deal announcement tomorrow followed by victory lap during Sundays birthday celebrations. Oil drills to 60 by FOMC enabling cpi/ppi is inline since inflation was due to oil.
I totally get how that works, for sure. I have certainly taken advantage of purchasing ITM long dated options before. I just felt some conviction that SPY would be able to reach/exceed 744 somewhat soon given the past week of trading. Seems a bit bullish even with the CPI, PPI, and SpaceX IPO. The fact we only dropped hard before all of that makes me think we'll be heading back towards the upside. (I may have Yolo'd a little too hard for this, but as long as SPY doesnt drop like a stone over the weekend, Trump doesnt make any wack decisions, I should be able to cut any losses on monday morning without losing too much. The upside being that if we do gap up or find strong upsides during the weekend, I'll make a hefty profit. I will admit it's MUCH more risky than advised though, holding this 100k position through the weekend.)
I live for posts like this. Yes! I’m starting with $750. Played 3 SPY puts before 10:30am, held maybe 5-8 minutes each. Gained $80 and called it a day. I did pick up one SPCX share in case it goes up over the weekend, and have one $3.50 put on SPCE that I’m hoping pays off Monday. If not it doesn’t expire until next Friday, I’m thinking it’ll definitely correct itself since it’s raise was mostly hype around SpaceX’s IPO. Cheers!! 🥂
You think SPY will take a similar dump or mostly QQQ being heavily tech? I fucking hate how pricey the QQQ premiums are lmao
Be real cool if mango could send SPY up 5% for his birthday
My QQQ TQQQ and SPY calls got cooked
Yup I was up about 5k in premarket today and didn’t shave anything and ended up down 10k on the week hoping SPY would explode Quit while you’re (sorta) ahead
What do you expect lol. Go 0DTE SPY and lose everything
Scalping options on the SPY has made me the poor I am today.
SPY weekly candle is actually insane. Just a light 3% sweep. 🧹
You can do a quick back of the envelope calculation to get your answer. Take for example the Jun 17 SPY puts (expiring next Thursday.). |Strike|Premium|Rate of return, %|Delta| |:-|:-|:-|:-| |735|2.61|0.36|0.30| |733|2.18|0.30|0.25| |730|1.66|0.23|0.20| |727|1.26|0.17|0.15| |722|0.82|0.11|0.10| Rate of return is simply equal to premium/strike x100%. Delta is the likelihood of the CSP expiring in-the-money so you have to buy the shares. Therefore it is a measure of risk. As you can see, the higher the risk the higher is the rate of return. So pick a combination of rate of return and delta that you can live with. No rocket science. Now repeat the calculation with a stock of your interest.
I burned 9k over the last two days on SPY chopping, time to burn triple that next week.
Made $750 on SPY 0DTE swing trades both calls and puts this week. From $50. Lost it all today.
If no deal announced over the weekend, we can drop 1-2%. Bigger problem is the FOMC though - if oils doesn't drop by Wednesday Fed will be forced to be hawkish which will take SPY down to 650 in couple of months.
**BanBet Created** ▲ | Ticker | Target | Entry | Move | Expires | |:---:|:---:|:---:|:---:|:---:| | **SPY** | $745.00 (above) | $742.17 | +0.4% | Jun 19, 9:48 PM | *5-day ban if this doesn't hit.*
Past two weeks I’ve been watching SPY, QQQ, NVDA, & AAPL for direction and volume. Watching pre market and prior day levels. News, obviously, has been huge, so not being in trades for more than a minute or two was even more important. Entering where I see retests, rips, or pulls with volume and confirmation across those symbols. I’m not experienced enough to trade off GEX or those other Greeks, but I am learning.