SPY Hits $555—Pressure Builds as Dealers Brace for Breakout The S&P 500 ($SPY) just closed at $554.31, stuck in a tactical stalemate. But this isn’t just consolidation—it’s coiling. The $555 level has become the dealer battleground, where hedging flow has frozen and delta exposure remains negative. The next move? Explosive. While others call it “chop,” we see controlled tension. This isn’t indecision—it’s compression. And compression ...
102641497
:
Why do you think it will fall? I’m curious. I thought SPY would fall since this Monday and obviously I’m very very wrong and losing money on my puts. You have predicted that it would rise on monday to wednesday and you were right. And you probably have a good reason to guess that it will fall today. I’m curious to know the reason.
102641497
The Warlock
OP
:
Thanks. It’s reassuring to hear from an experienced trader, most of my fun money is in puts that I bought last friday.. Still, I’ll buy a few 0dte calls today just in case. I’ll be happy to eat losses from those calls if the puts will print.
The Warlock
OP102641497
:
lol I am NOT an experienced trader. I am a degenerate gambler. I happen to also pay my bills by being a quant for a FAANG company. but neither here nor there
$SPDR S&P 500 ETF (SPY.US)$look at the monthly, we dropped a lot,looks like we pushed up a lot no way that's retail I believe we climb a bit then they pull the rug...a lot of money to be made food for thought 😀
1
Report
SpriteStocks
:
it already climbed a bit and its at the perfect spot to pull the rug.
intuitive Jackal_354
OP
:
while retail was buying this up today, big money to advantage of the opportunity to get from under tomorrows falling knife and derisk itself about from what could be the next leg down
102641497
:
I think you’re great at trading and I’ll also follow what you’re doing but in reverse. I have some puts that are losing money but I will start trading some 0dte calls to offset the losses. Well, you’ve been making bank off this market, I might as well look at what you do and figure out your principles.
Flowerhill
:
Even the gap might have bern filled (with super “low volume”), Situation in US is worse than a month ago begore falling, how the market goes happy? How can investors be so optmistic with the current situation
Shark Chaperone
:
fk man why are these guys talking as if people isn't trying to make money just as they do. they mad just because they making money and they aren't? why can't you guys just think you can just learn to become a better a trader instead of so much complain. hly sht man like
$SPDR S&P 500 ETF (SPY.US)$I told you all it would hit 555 this week. I was hoping it would have been earlier because theta ate my more significant profits, but I was right. Honestly, I'm back to buying PUTS now 🤔🙃
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SPDR S&P 500 ETF Stock Discussion
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The S&P 500 ($SPY) just closed at $554.31, stuck in a tactical stalemate. But this isn’t just consolidation—it’s coiling. The $555 level has become the dealer battleground, where hedging flow has frozen and delta exposure remains negative. The next move? Explosive.
While others call it “chop,” we see controlled tension. This isn’t indecision—it’s compression. And compression ...
PUTS gonna print tomorrow
hey moomoo make the block list unlimited
shouldn't be that difficult.
10K says it drops. Hedging 2K in case some bullshiz announcement from the scumbag in the oval.
Honestly, I'm back to buying PUTS now 🤔🙃
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