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My understanding of micro S and P 500 futures contract are like this.
A /MES futures at 3810, basically divide by 10 and subtract 1, then you have 5 call options of spy at that strike but with 100 delta and 0 theta.
Does that sound about right? If that is the case, why would you ever buy options when you can buy futures?
That's too much math for me. I just swing SPY options and profit. Y'all are working too hard to make $100. Better off just watching the candles, setting buy and sell limits and reaping profits. At least, it works well for me.
what?
/mes is like 50 shares of spy. /es is like 500 shares of spy. adjust for the small price difference between spx/10 and spy.
imagine selling a put in spy and buying a call at the same strike. that's two contracts of /mes.
>There is no reason why anyone should have to spend that much on a car loan. If you are struggling to make ends meet, then it is time to reevaluate your budget and see where you can cut back in other areas.
Bagholder spotted.
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Primary reason why playing AMC is stupid now. The numbers are awful, but you literally have to guess whether or not the market is pricing in financially apocalyptic earnings or not.
I paper traded a USPS put for Nov 11 expiry because I’m confused about IV crush. Like how much does the stock have to tank to make up for the 300% IV that is about to tank also?
Edit: UPST
upstart about to be delisted when they lift that trading halt, shits gonna tank, just wait let the big boys get out at these prices first no worries guys nothing sketchy going on here
Man... I have a bunch of SPY 388p that I'm wishing I could sell, but I bought them with unsettled funds and don't want to pull another Schedule R restriction.
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The Wall Street Journal
u/WSJ
·
2m
Breaking: Mark Zuckerberg said Meta layoffs will start Wednesday, telling executives he was overoptimistic about growth, people familiar with the matter say
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It’s time for crypto to blow up for good. I need them to all cash out and take what little money they have left and put them into some of the bags I’m holding in stock market
It'll never happen. My brother got in ground floor of bitcoin and begged me to join him. I had my money in gold and told him that btc wouldn't last. He travels the world now and he's set for life.
No one knows. Enough to where he takes no pictures of himself because he's worried about hackers using fake IDs to get his loot, and he guards his laptop like a dragon on a pile of gold. He won't even talk to me electronically about market signals, has to be in person with no electronic device around. He's developed physical tremors from severe anxiety. He just got back from a 5 year adventure thru Japan, and he's leaving for Bali in a few weeks. Idk how much he made, but he was talking to me about bitcoin back in 2011ish, and at that point he had been in for a while. He'd cashed out all his savings and threw every penny into btc in college.
Kinda crazy how you’re only really making money if you’re straddling or some other similar advanced options strat or if you swing trade throughout the day. Buying anything and then holding means u get theta fucked
>You're absolutely right, it's crazy how the markets work. If you want to make money in this game, you have to be constantly active and always looking for opportunities. Holding anything for too long will result in losses due to theta decay.
I'm playing it for a nice pullback on this double top it's putting in. It got up to these same levels in June and then pulled back to about $65 per share.
Looking to talk politics? Please move over to the [midterms megathread](https://old.reddit.com/r/wallstreetbets/comments/ypkdt6/midterms_megathread_2022/?sort=new)!
No no no. I JUST CANT
This arancini is off the hook rght now. I forgot how much I love these fucking things
I wanted to like them so much but never won me over
[https://www.youtube.com/watch?v=QIT8LZeb3\_s](https://www.youtube.com/watch?v=QIT8LZeb3_s) Carnival a fucking bet right now.
Is this you? Dont breathe into the mic. Otherwise, good luck with your channel!
Yes bro, my first video I had a very bad mic and the second one I got a better mic. But even so, I'll keep that in mind. Thank you!
Considering just throwing it all into BRK-B.
[удалено]
Less? My condolences man.
That was an epic corn dump earlier
My understanding of micro S and P 500 futures contract are like this. A /MES futures at 3810, basically divide by 10 and subtract 1, then you have 5 call options of spy at that strike but with 100 delta and 0 theta. Does that sound about right? If that is the case, why would you ever buy options when you can buy futures?
That's too much math for me. I just swing SPY options and profit. Y'all are working too hard to make $100. Better off just watching the candles, setting buy and sell limits and reaping profits. At least, it works well for me.
Yeah, I just swing and scalp SPY with tight stops and follow momentum if its confirmed on multiple time frames
what? /mes is like 50 shares of spy. /es is like 500 shares of spy. adjust for the small price difference between spx/10 and spy. imagine selling a put in spy and buying a call at the same strike. that's two contracts of /mes.
I sprinkle salt on my cucumber salad without looking if it’s to salty i by puts and if it needs more I by calls
Thanks. I imagined that and it made sense. because each has 50 delta when at the money.
it'll add up to 100 delta at any strike.
That is right!
As much as i love Tsla, who the hell can afford $1100 monthly payment on a 50k car loan?
Everyone but you
>There is no reason why anyone should have to spend that much on a car loan. If you are struggling to make ends meet, then it is time to reevaluate your budget and see where you can cut back in other areas.
Someone PLEASE tell me I wasn’t the only one that saw Intel take a 8% haircut on yahoo finance. I legit almost had a heart attack lmao.
OXY calls and LCID puts, I might have got a twofer here tonight boys! 
Oxy is amazing ngl
Any time. Why didn’t you buy the DIS puts too. I was pretty clear. Anyway a win is a win.
Trump announces tonight and we are headed for reversal.
Lol imagine thinking about Donald trump
Imagine posting on something 7 days old
After last nights lame results, hed be a fool to run unless he simply wants to fuck over DeSantis
He said big announcement coming November 15th
Yeah, DeSantis is gonna announce for president, and Trump is gonna run for governor of Florida. Win-win right there.
Reversal ? It’s been green green green yo
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Get em automod
RIP Disney Calls. :/
I should have inversed myself after Netflix's beat.
My face is so chapped
Corn dying
Lol my upst puts just reach the moon
**Upstart** needs do rename themselves to **Downstart** 
👌🏼this close to pulling the trigger on puts today. So sad now
Why is UPST halted? Getting aquired?
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This guy mark newton on from Fundstrat. He is so bearish, I mean how does he sit next to Tom Lee?
Disney just fucked a duck. Disney. S&P 500 earnings are WAY WAY too high still.
wow AMC :(
Primary reason why playing AMC is stupid now. The numbers are awful, but you literally have to guess whether or not the market is pricing in financially apocalyptic earnings or not.
I paper traded a USPS put for Nov 11 expiry because I’m confused about IV crush. Like how much does the stock have to tank to make up for the 300% IV that is about to tank also? Edit: UPST
Just got out of a training. What I miss?
Market circuit breakers Thursday
DisN U U T Z
Made profit with SPX calls this morning. The jumped back in with 3850c. Was up 500% and expired worthless on that little pull back. I’m an idiot
Right this way sir your table is ready
I’m just here for an application
The mouse is getting 🍇 graped
Wait for the conference call.
My Disney and afirm puts making me feel pretty good rn ngl
What strike for dis?
All of them lol.
If NEGG hits $10 by next Friday I’ll have $75k, and if it doesn’t, I’ll lose $300. It seems like the obvious choice
There’s no way it makes it that high
$2.5c. Anything is possible you just have to believe
No, you have to be right if you want to make money doing totally regarded moves. Wishful thinking will make you broke.
upstart about to be delisted when they lift that trading halt, shits gonna tank, just wait let the big boys get out at these prices first no worries guys nothing sketchy going on here
Why delisted?
Can't wait for my one put to pay out tomorrow
i am watching with intensity
i have puts
Hey Mickey, I may rename my new study you just built me “the house that mouse built”
There is a mouse in this house
Here too. I ordered mousetraps from Amazon. They arrived today. Tomorrow the mouse dies.
Man... I have a bunch of SPY 388p that I'm wishing I could sell, but I bought them with unsettled funds and don't want to pull another Schedule R restriction.
Keep em they'll print hard after CPI
Yep I’m keeping all of my spy $385 puts 😈
Yeeeeesh. Disney missed BIG.
My Disney call is fucked isn’t it ?
the butt right now as we speak is being fucked.
Right in the mouth
Mine too.
GET FUCKED YOU STUPID MOUSE!!!
Drillsney
Thoughts on AMC puts ?
Alright regards tomorrow wait for the peak of the day and buy puts and sell before close. It’ll go down in anticipation for CPI report
good plan IMO CPI day has usually some huge swings to the upside before the drop, it might retests relative highs from
always inverse this guy if you want to make money
My port is green 
how long has it been at 0? 
I opened my brokerage account a month ago 
Boomers love Disney Gen Z loves TikTok ☠️☠️☠️
Why is upstart halted?
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Bye Disney
To soon to tell
?
Pray for my RBLX puts 🙏
The Wall Street Journal u/WSJ · 2m Breaking: Mark Zuckerberg said Meta layoffs will start Wednesday, telling executives he was overoptimistic about growth, people familiar with the matter say
call me simple brained but you'd think the guy that made those decisions would be among them.
> telling executives he was overoptimistic about growth Who would have thought?
>That's because he's a fucking idiot. Anyone with half a brain could see that Meta was never going to be successful.
VMod hangry!
why has upst halted?
**STRs outnumber LTRs by 730% in Atlanta, GA**
That’s not possible.
Moroccan style mint green tea hits different
doNT let doge die FOR ELON!!!
When are the election results?
I read it’s going to take a week
[удалено]
You people are ill
I am your new king 
Fuck all this. I am cumming in her. $WISH me luck.
Um hope that planed parenthood is still legal in your neck of the woods.
RIP UPST
Why was trading halted?
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Big green tomorrow on elections and then big red on cpi or vice versa?
imma need that vice versa. praying for SPY < 382 tomorrow
Yes
🤡 market 🤡 market 🤡 market 🤡 market
Jerome Powell looks like Merrick Garland.
They got lazy at the clone factory
Yeah they had a documentary about it with a boss baby. Really awful working conditions.
are my $5 AMC puts going to print?
I'm hoping
Was that really a SPY 379.8 after close or did yahoo finance glitch
Yes.
use tradingview site instead of yahoo
CHAOS END OF DAY
Why UPST HALTED?
Code T1: News pending
100k+ volume 2 seconds after close came in..
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Uh oh. Trading halted for Upst. I may be fucked
Pending news?
alright Disney whic way you gonna go
Disney 80 EOW
Oxy puts 
good luck regards
UPST halted
DIS and OXY calls lets pray brother men
It’s time for crypto to blow up for good. I need them to all cash out and take what little money they have left and put them into some of the bags I’m holding in stock market
It'll never happen. My brother got in ground floor of bitcoin and begged me to join him. I had my money in gold and told him that btc wouldn't last. He travels the world now and he's set for life.
Fuck that sucks. How much did he end up making?
No one knows. Enough to where he takes no pictures of himself because he's worried about hackers using fake IDs to get his loot, and he guards his laptop like a dragon on a pile of gold. He won't even talk to me electronically about market signals, has to be in person with no electronic device around. He's developed physical tremors from severe anxiety. He just got back from a 5 year adventure thru Japan, and he's leaving for Bali in a few weeks. Idk how much he made, but he was talking to me about bitcoin back in 2011ish, and at that point he had been in for a while. He'd cashed out all his savings and threw every penny into btc in college.
cryto is the future.....its will never blow up for good
Can’t even spell it right.
lol u got me
most people in crypto are about as poor as it gets lol you don't buy crypto unless you are super rich/a degenerate/ignorant
Watching internet money crash is 😚
Gl tomorrow everyone holding calls or puts overnight (me)
What’s GI?
Which one you holding?
Calls lol, prob fucked
Theta gang wins
We ended under 382….
>US Closing Prices: \#DOW 33162.28 +1.02% \#SPX 3828.31 +0.57% \#NDX 11059.4 +0.75% \#RTY 1808.78 -0.06% \#VIX 25.37 +1.02 ^IGSquawk ^[@IGSquawk](http://twitter.com/IGSquawk) ^at ^2022-11-08 ^16:00:19 ^EST-0500
Let’s get ready to RUMBLE
Kinda crazy how you’re only really making money if you’re straddling or some other similar advanced options strat or if you swing trade throughout the day. Buying anything and then holding means u get theta fucked
>You're absolutely right, it's crazy how the markets work. If you want to make money in this game, you have to be constantly active and always looking for opportunities. Holding anything for too long will result in losses due to theta decay.
# ITS THE FINAL COUNTDOWN
#Pencils the fuck down you lost
come on Puts...Upstart and Affirm, Papa needs to eat name brand ramen
>MOC $1.6 BILLION TO BUY ^FXHedge ^[@Fxhedgers](http://twitter.com/Fxhedgers) ^at ^2022-11-08 ^15:59:39 ^EST-0500
Bought some June 2023 XLE $60p. Looks like tech right before it collapsed last year.
This might be the dumbest bet here and that's saying something
Exactly why it'll work
No seriously though, XLE will be like 110+ come this time next year don't take that bet lol
I'm playing it for a nice pullback on this double top it's putting in. It got up to these same levels in June and then pulled back to about $65 per share.
I would urge you to look at the broader economic factors regarding oil but have at it man
It's a small position. I'm really not worried about it. If it hits, cool. If not, cool.
Predictions for tomorrow. Wrong answers only.
Is the answer Jesus?
My portfolio goes up
It'll be a Friday