IWM

ROC_armed_forces

IWM rallied too, FYI

HandsomeAssJoe

2% seems aggressive for SPY. Would probably need to trade 45 to 50 delta weeklies to do it. It can be done but will likely not sustainable. May want to look at QQQ or IWM instead for more volatility/prem.

RetireWithRyan

The data disagrees. Most market moves occur before and after closing, when earnings are reported. This shows on the macro as well (SPY, QQQ, IWM, etc). That said, no the market shouldn't be open 24/7.

AbbreviationsFar9339

AVUV has only been around a few years but it has outperformed SLYV and IWM pretty significantly since inception Disclaimer: I own AVUV, AVDV and AVES [https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=rqiyLcyPmbzKEA7Woj3ak](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=rqiyLcyPmbzKEA7Woj3ak)

csr8765

IWM is gonna get clapped

Dangerous-Estimate-7

WAKE UP IWM 

BallsOfStonk

No. It will inflate the Mag 7 and deflate IWM, just like it did last time. Also, it will be hot. Energy was way up in the past month, rent/housing likely will show the same.

Hammered_Time

Glad I bought IWM puts instead of QQQ today 

zachary40499

IWM not doing too hot in AH, hoping we can pop above 200 tomorrow. Praying IWP does better than today 🙏

cmrh42

As someone who has gotten rich investing it’s fairly simple. Invest in yourself and earn a good income. Live below your means for about 30 years. This doesn’t mean don’t enjoy life, it just means have money left over every month. DCA into SPY(50%) QQQ(35%) and IWM (15%). Other folks will offer other ETFs and allocations. That’s fine.

csr8765

So glad I got out of all my IWM leaps

itsnotshade

IWM put at close to gamble on high PCE data tomorrow?

ADynes

I support anything that will make IWM go up. Because I can only average down so much.

KnewTwoDiss

Back in the fucking green baby after getting Zucked last night. Hit it with MSFT, INTC, and IWM Calls this morning. https://preview.redd.it/0l0ibsdzxnwc1.jpeg?width=602&format=pjpg&auto=webp&s=11b418fc71478595ec05c20995887471bb2a305a

ADynes

I wish I averaged down on IWM when it was in the 193's

AlpacaDream7

IWM shitting the bed, you love to see it

Metacog_Drivel

IWM getting absolutely fucked...as is tradition

ErikBart23

10 year bonds yield mooning! That means people are expecting higher rates and waiting! Recession with high inflation incoming. Stagflation was the real landing huh. Stocks dead and higher for longer. IWM puts today for the -2 to -3% move today.

ErikBart23

10 year bonds yield mooning! That means people are expecting higher rates and waiting! Recession with high inflation incoming. Stagflation was the real landing huh. Stocks dead and higher for longer. IWM puts today for the -2 to -3% move today.

ErikBart23

10 year bonds yield mooning! That means people are expecting higher rates and waiting! Recession with high inflation incoming. Stagflation was the real landing huh. Stocks dead and higher for longer. IWM puts today for the -2 to -3% move today.

ErikBart23

Recession with high inflation incoming. Stagflation was the real landing huh. Stocks dead and higher for longer. IWM puts today for the -2 to -3% move today.

cfmsiw

Why IWM instead of SPY?

ErikBart23

Recession with high inflation incoming. Stagflation was the real landing huh. Stocks dead and higher for longer. IWM puts today for the -2 to -3% move today.

ErikBart23

Recession with high inflation incoming. Stagflation was the real landing huh. Stocks dead and higher for longer. IWM puts today for the -2 to -3% move today.

PutSpreadDaddi69

IWM like “oh we’re doing red?”

sloanemonroe

I dare IWM to stay higher at open. That shit will follow everything else down.

thezenunderground

Calls on IWM

ADynes

I have way too much IWM shares to be comfortable right now. But man my F 13c's are doing their best to offset that loss.

sluttyseinfeld

IWM puts yesterday was the move of the week 😮‍💨🤌

TheDr0p

I am selling calls to rid myself of this pile of junk. Somebody promised me IWM to the moon this year

Kezo30

FTC bans non competes! Does this mean IWM will pop?

vaxpass4ever

Sell Deep In the Money calls on IWM

sluttyseinfeld

I understand piling into mega caps rn since they are “defensive” who tf is buying IWM

imjazzy

If TLT were a person, it would be homely. Clearly, the popular kids SPY, QQQ, and even IWM simply ignore it.

imjazzy

It's like TLT and IWM are looking at completely different economies, lol.

sluttyseinfeld

Fade IWM the red headed step child

The_Albertino

Is this the year of the small Caps? IWM doing well even without any rate cuts planned

samirzz

IWM

United12345

IWM on a mission wtf

daniel1995barca

Now the question is, IWM under 192 this week? Or nah

HablaDotNexus

IWM puts, motherfucker. 190p 5/3. i'm down today though...guh.

Perryswoman

Thought I screwed up buying those IWM calls

Perryswoman

My Friday IWM calls might hit

Perryswoman

IWM rippin

HefTrade

I use stop losses (bracket order) on SPY, IWM, and QQQ for spreads. I place a 100% credit received for my stop and a 65% take profit. For SPY, it's been working well this year - which is not much to say since the market has been going up for a while. When I place a Put Credit Spread on SPY at the 30 delta I sell $5 wides (usually 2 spreads instead of 1 $10 wide because I can collect more premium on the 2 contracts vs. the 1 $10 wide). I don't play around with the trade I just let it do it's thing - it's boring but that's probably a good thing. If the stop loss gets breached because of a big gap - which is not super common, I'll manually close the trade.

csr8765

IWM red by 9:32

pickleputs

someone else on here has eyes on IWM! I caught that as well friday

---Right--Tackle---

Great time to go long small caps if you missed the IWM rip earlier in the year imo 

LongishBull

I'm not sure. Just thinking a large suprise this earnings, $55+ being possible. Definitely wouldn't be selling if I owned shares though. Should pick up with IWM. $70+ EOY not out of the picture though. But more bullish on RKLB in short term.

Paper_Some

Besides being cash settled (no stock to hold), SPX, as well as RUT and NDX are expensive - 1 point = $100. SPX is liquid, RUT is OK, but NDX is pretty dead. There’s XSP and MRUT, which can be thought of as cash settled SPY and IWM, although they have way less liquidity than ETF options.

Typical_Hippo566

Lol; wow. I was in the arm $125 puts and amzn 187puts fuck me man closed my google 158puts too for april 26 too early. Kind’ve tight. It’s fine. Straddles on IWM closed my 208p’s. For fuck sake i paperhanded 35 options on AMZN closed it for a marginal gain. Tight. Tight; tight. Could be worse. Could be better.

im_astrid

it was only changed in march. one of the reasons it mooned for a second time was betting on that sweet spy money rolling in. IWM still has 2% of it but I would assume it'll probably get rotated out

Shamizzle

Cool! I've been really enjoying layering on these spreads over the past few months. This last week has been rough being a bullish setup with put credits. I ended up rolling a bunch of my positions approaching expiration. As the market turns bearish or turbulent, I scale back my buying power used so I can afford to roll these positions without going bust. Rather than close for a loss, I sell the leading debit spread to finance rolling the credit spread out in time. The danger of this is the increase in collateral requirement that comes with it. Say I open a spread with a $200 dollar collateral req. If i were to break off the debit spread up front to expose the credit spread, my collateral requirement goes up to $300. (Given a ratio of 1:3 on the width of the legs) Hence the larger cash reserve in anticipation for rolling positions. Unfortunately, the entire portfolio took a shot with a majority of my spreads being in SPY and IWM. If i get an aggressive move down on an ITM credit spread, my only saving grace is to cut into profit and roll it down for a debit. Such is the nature of a big negative move. Had I opened positions with a bit less correlation, things might not seem so dire. Since this is a play account, I'm just going to ride out this trend until I can get back out of the spreads for a profit. A big bullish move would actually cause them to close for greater profit than the initial condors, but I'm not holding my breath, just playing the cards I'm given. As for the "close for 2% max risk" it's a bit of a guideline for closing the spreads early. If I open a spread for $200 max risk, regardless of credit recieved, I look to close it out for $4. This lets me set a good til cancelled BTC on the position and only play around with it if I start getting close to expiration or my breach spot price. This is all a learning experience for me, and the down market is actually an exciting opportunity to play around with different defensive strategies within the trade parameters to learn how to react to different market conditions. If you end up giving this strategy a whirl, good luck! It's convoluted at first, but it ends up being really cool to watch the profit wave roll across the position approaching expiry from the favorable side.

TPSreportsPro

Look at the strength IWM had through that selling.

BlackBastado-2124

Still doesn’t explain why interest rates sensitive stuff like small caps, IWM, regional banks were holding steady. High for longer will hurt them more

PosidonsWraff

IWM is an index of small caps. If you properly hedge with protective puts and sell covered calls you can make massive premium. The stock has been trending downwards so I leverage with 5x puts until the market decides to start going back up. I have one long put at $200 and 5 short term puts at 190. Irregardless of the price action I have the right to sell my shares at $200 which means with falling price even if my shares get called as long as the price doesn’t go over the strike of $200 I can rebuy the next week without an additional loss

whatevers1234

This sounds exactly like those folks who said we were entering a bear market for the next decade while QQQ was 35% down. And then what happened? We roared to ath's. This is normal for the market. 5-10% is perfectly reasonable pullback. Especialy after such an insane run. QQQ is gonna hit around 400 where is was at start of year and then be off to the races again to ath. Is what it is. How can no one recognize they are literally working overtime for reasons to dump the markets? Rates don't matter anymore, they will cut this year. Middle East doesn't matter. Economy is strong. Workforce is strong. It's hilarious watching the talking heads try and come up with reasons as to why shit is falling. Wanna know why? It was really high. The bigs don't want to dump the markets they want to get back in at cheaper. That's all. I fully expect a rebound next week, then a little chop, then a strong move upwards. Look today at IWM. Which has been the weak link. It ended green. Market is gonna broaden out and climb. I wouldn't be throwing money in the Mag anymore, they are spent. But the rest are ready to finally take advantage of years of underperforming.

No-Improvement3164

What is actually going on? Sell off due to profit taking? Doesn’t make sense due to Rate cuts vanishing. IWM and KRE green. They are the ones needing rate cuts.

No-Improvement3164

KRE and IWM was. I was surprised

No-Improvement3164

JEPQ, IWM, SCHD Apple

WhySoUnSirious

IWM doesn’t have gains like QQQ does. Investors have no reason to dump their IWM. There’s no profit taking there, because there is no profit there lol.

No-Improvement3164

Someone please explain how IWM is green if this sell off is based on rate cuts not happening. Aren’t the small caps the ones that need lower rates?

TheDr0p

IWM green. Russell, haven’t you heard ?

itsnotshade

The fact that IWM is green makes me wonder if that so called switch to small caps might actually happen

lookingforajob2020

IWM of all things is green lol

Kant_touch

Kinda crazy IWM is green when it's biggest component is down 15%

csr8765

Short IWM on this bounce, as always

Kant_touch

SMCI about to kill IWM lmao. That and MSTR were the only two things not sucking

CorrosiveRose

I could have just diamond handed my way into profit. Pretty sure I had some IWM 200P and SPY 500P at one point but I've basically been getting destroyed all year and had to save what was left of my account

Master_Relative

IWM puts better fucking pay

BearContra

CRASHKARI SAYS WE CAN WAIT AS LONG AS IT TAKES BEFORE CUTTING RATES || SAYS COULD POTENTIALLY WAIT UNTIL 2025 TO LOWER RATES.... SPY IWM are going to get it tomorrow.

csr8765

Start loading up IWM puts here

sloanemonroe

F u IWM

csr8765

Short IWM on every bounce. Has worked for 2 years and isn’t stopping anytime soon

csr8765

Short IWM at the open, as always

ADynes

I need IWM +15 just to break even. 

stackcheesesitds

Wen IWM 300

greytoc

No - not necessarily. There are lots of low cost index funds that track other indices. There are indices for just about everything out there. That's what index providers create and manage as a business. For example - a popular small cap index fund is IWM which tracks the Russell 2000. Or MDY for Rusell midcap 400. Some of the oldest ETFs are based on MSCI world indices like EWJ, EWH, etc. As well as DIA which track the DJIA index. These index funds won't contain TSLA if that' some a requirement for you. If you are looking for a large cap US equity fund that doesn't include TSLA - you may have to look a bit more - but I'm sure that they are out there. Or you can construct your own.

ADynes

1/3 of my port is in IWM @ 209. AMA. 

sluttyseinfeld

IWM will pump 50% this year trust me bro 

heizenbergbb

Still waiting for my IWM to print you tub o lard.

KnewTwoDiss

I bought 1dte IWM $198 Calls at close yesterday. Naturally, I'm afraid to check the ticker this morning. So, I've been following SPY and see it's doing alright. Percentage wise, is IWM up more or less than SPY this morning?

FinanceTLDRblog

I don’t follow them. Possibly, it’ll be a lot of stocks you won’t be surprised by. He has some bad calls too, like IWM earlier this year when inflation was hot and interest rates not coming down.

No-Improvement3164

IWM has absolutely zero chance of hitting 300 like Tom Lee predicted. Anyone still playing this is asking to get hurt.

ADynes

My biggest gainer: LW which should keep going up to next earnings. My biggest loser: Myself for buying 50 shares of IWM right at ATH. 

ADynes

AAPL sub 169 is a buy before earnings. Maybe IWM also just because it's so beat down right now.

Dismal_Storage

I've traded IWM both shares and options for a couple of years, and you're right it is terrible. I just wish I could find a small/med cap fund that had good volume on options.

Obvious_Coconut_8432

Crying in IWM

DrWorstCaseScenario

I sold all my spy, IWM, qqq, fidelity blue chip, fidelity total market, and fidelity 500 funds Friday. All this in my Roth and brokerage account/gambling account. Obviously I didn’t predict the weekend news cycle… but there was a rounded top in indices forming and I wanted to sell before a dip. Got lucky to time it almost perfectly. Made some money on qqq puts intraday today. Holding one through tomorrow and some high conviction non-tech stocks. Probably sitting 50% cash for a while in those two… still have the vast majority of my retirement accounts in target date retirement fund - probably will just hold those and not try and time anything.

TheDr0p

Why would IWM be down on middle East jitters. What does the average Russell 2000 company from Kentucky care about fuckeries far away.

csr8765

IWM heading back to $160

LaykeTaco

I’d get puts on IWM long before SPY…

Metacog_Drivel

"Fuck you IWM," a poem It's time to go up, IWM What are you even doing down there in the first place, IWM You didn't even go up that much to begin with, IWM Are you happy now, IWM ***Fuck you,*** IWM

derbnguyen

I took my $200 gain on IWM calls when I was down $800 too 

derbnguyen

IWM GIVE DADDY THAT V ABOVE VWAP 

ADynes

Glad 1/3 my port is in IWM. Real real happy about that. 

derbnguyen

IWM 4/17 200c 50 cons @.70 SELL @ POWER HOUR

heizenbergbb

Where is the IWM pump Tom Lee promised?

ADynes

I bought IWM @ 209. 🤡 AMA

derbnguyen

OUT IWM CALLS 40% We up 2.4k today What we eating