IWM
iShares Russell 2000 ETF
stock NYSE ETF

oh wow. IWM Candle briefly green. who would've thought

IWM in bankruptcy talks.

QQQ and IWM poots PRINTED this morning. Happy trading, regards

IWM is dead lmfao

Man, maybe IWM puts two weeks out is the way to go. Just let it bake.

Why IWM plummet

IWM and DIA not playing ball....

I am SO EXCITED how I sold my IWM puts at a loss yesterday. They are up 300% now. So cool!!!

IWM $280 pls u fookin regard

I fucking hate IWM with a fucking passion. Should NOT be recovering.

I bought some ITM calls and hoping to lose money on IWM just to make sure that piece of shit doesn’t bounce back

not a TA person, but IWM seems to have support around $0

Do we bounce and chop or drop another .50 on IWM?

My IWM 286p are looking tasty

To me it looks like we are range bound between 51,800ish and 53,000ish. I'm waiting for it to approach one of those levels and see how it reacts. Anything in between is Chop City in my opinion.
I would also be careful with any longs as market breadth is very weak right now. Everything is being propped up by the biggest companies... smaller companies have been looking weak since mid-August. For example ES and NQ are hitting ATH's but RSP and IWM haven't recovered and are still looking like they are trending down. Seasonality is still negative as well until mid to late October.

They’re hiding it 💯 So many people had puts on meta and spy. I posted week ago or whtvr about buying IWM and SPY calls and every comment was bear calling me retarted

maybe IWM gaps up tomorrow?

price action on IWM literally made me check my internet connection few times

I do quite a few iron condors, but they're not for everyone ... .
The ROC at max is "sexy": They are ideally structured to have a 50% ROC at max metric, although I generally don't get that in things like broad market (SPY, QQQ, IWM) because the IV is too low.
But ... (always the buts). They require management, are not set-and-forget, and they can blow up in your face, particularly if you play earnings announcements for volatility contraction. I've had more fucked up setups done to take advantage of vol contraction post-earnings in single name than anything else, so I generally don't screw around with those anymore in spite of the nearly instant gratification you get when they do actually work out.
Best as I can tell, the management part (rolling untested side toward current price, rolling out untested side/selling oppositional side against) is what the vast majority of traders are challenged by. A lot don't have the patience for it or don't want to work broken setups for any period of time, so opt for a "it works or it doesn't approach" and stick to 50% max take profit/2 x credit received take loss religiously. Those who don't have the trade management chops or can't stick to TP/TL guidelines generally conclude that the setup simply doesn't work.
If you're interested in doing iron condors, there are a ton (and I mean a ton) of tastytrade/tastylive videos on the strategy that will help with what to play in the setup (generally, high IVR/IV), what duration, what strikes, and how to manage shit hitting the fan.
$3,000 won't allow you to play a great deal with covered calls, particularly if you're working with a cash secured environment. You're maybe looking at a Johnny one-lot position in a $30/share stock, and that's pretty much it.

I made $52 on an IWM put. Now I can afford a pound of ground horse for dinner!