IWM
iShares Russell 2000 ETF
stock NYSE ETF

U might be right but I generally only play selling puts (or bull put spreads) or sell covered calls on the indices (IWM, QQQ, SPY, SPX) cos I believe in the long run they will go up
I do have some other stocks like GLD (cos I believe gold will rise in the long run so I sell covered calls on it) and some AI stocks and silver which are more of the holdover from the beginning of my options journey and somehow never get called away yet

IWM 261 cc and NBIS 120 cc will get called away today
I'm bigly cash gang by Monday.

Another month of results from running low delta **Short Put Verticals** aka Bull Put Credit Spreads!
I finished the month up $ 34,383 in profit closing out 300 SPVs.
Here are the highlights:
* **Top 3 in profit: SNDK - $12,696 ( 37%)**
* **MU - $ 11,660 (34%)**
* **LITE - $2,268 (7%)**
* **These 3 tickers were 77.7% of total profit**
* **Traded 57 individual tickers**
* **300 SPVs closed for the month**
* **Only 10 losing trades for the month -** ***97% Win Rate***
* **Average profit per SPV-** ***$ 114***
* **Average time held per SPV -** ***4 days***
* ***Average % of premium on close - 23.27 %***
I have been day trading these spreads closing at 20% profit due to the market instability hence the lower average per spread for this week.
 Here are my rules for trading credit spreads:
* **All SVP's will be opened 35 to 49 DTE**
* **Short put strike chosen at .20 delta or lower (I have been choosing 13/6 deltas for new verticals).**
* **Long put chosen to achieve a net delta of .07**
* ***All the following criteria must be met prior to opening trade***
* **Analysis of spreads Max Profit must show 80% or more probability for Maximum Profit**
* **Analysis of spread's Break Even must show 80%or more probability for Any Profit**
* **Analysis of Max Loss must show 10% or less Probability for Maximum Loss**
* **ROI for premium collected (premium divided by collateral required for spread) must be 10% or more**
**Below are profits for all 57 tickers:**
|Ticker|Profit +/-|
|:-|:-|
|SNDK|$12,696|
|MU|$11,660|
|LITE|$2,268|
|AMZN|$2,052|
|SMH|$1,354|
|STX|$1,250|
|TSM|$977|
|GOOGL|$852|
|BE|$728|
|WDC|$693|
|AVGO|$640|
|MSFT|$522|
|NVDA|$481|
|AAPL|$431|
|TSLA|$413|
|AXTI|$401|
|INTC|$398|
|AMD|$353|
|CIEN|$348|
|DIA|$331|
|VOO|$309|
|VRT|$269|
|CAT|$245|
|GEV|$219|
|GLW|$211|
|IWM|$196|
|AGX|$167|
|ASTS|$150|
|CCJ|$140|
|ORCL|$102|
|APP|$92|
|LRCX|$92|
|PWR|$89|
|AEHR|$80|
|EWY|$78|
|EQIX|$69|
|GOOG|$65|
|GDX|$63|
|TQQQ|$60|
|NBIS|$55|
|CRWV|$50|
|SHOP|$41|
|VTI|$34|
|QQQ|$29|
|MRVL|$22|
|SPY|$20|
|NOW|$19|
|HOOD|$17|
|QCOM|$17|
|NFLX|$16|
|WMT|$14|
|ARM|$13|
|RDDT|$12|
|APLD|$11|
|AMC|$7|
|XLF|($0)|
|META|($3,588)|
|CAR|($3,947)|
|Totals|$34,383|

I don't put stop loss. If you are more comfortable to put it, up to you.
With futures, I am automating the strategy as only NinjaTrader offer ninja script with has all functioanlities to airo trade. I only trade options on ETFs like SPY, QQQ, IWM with a small profit of $10-15 per contract. On options, I immediately put the take profit on TastyTrade as soon as I get in. I built a small app which uses the API of TastyTrade and I only need to click on 1 button to enter a trade and it put the automatic take profit.
I don't complicate things with the exteremly low probabilities. Trading is not just about mathematics to the letter, otherwise all the mathematical models will be performing extermely well with all the backtesting and amount of data available. When I started, I was putting SL but it was being hit more or less immediately. With options, I got the confidence as I can only trade once a day with a cash account.

Seriously though what is the thesis for IWM/Small Caps to be pumping like all hell right now?

All In IWM Puts

IWM -2% PLEASE

Went with IWM which is holding up so far, fortunately

Sounds great as a project for fun. If day trading, there is no need to run on 10 years + data. Is that minute data? trading what stocks, options, futures, account size starter?
I don't see the benefit of doing 200 stocks for day trading while it is easy to run on only a few ETFs last 2-3 years like SPY, QQQ, IWM with a simple strategy and back test in python if automated rules and be far more profitable
\- backtesting in database (clickhouse or another other database storing the data) but switching it to live is the hassle to run via API.
\- I am running mine on tradingview + python + alpaca/tastyTrade for options day trading

I think today will decide the market for me personally. If we don’t have any type of gap fill or pull back today even like a .5 percent then SPY will hit 750 and IWM 285-290 with no pullbacks. No use being bear till then if at all

This would be ATM and you would need to collect premiums equal to 1% of portfolio value per week to make 50-52%. 2% of Portfolio Value to make 100-104%. Trading would have to be every day or 3-4 options written a week depending on the premiums you can obtain based on cost basis/strike.

I did this IWM but used margin. You also have to factor in capitals gains at short term eats upwards of 20-30%+ depending on your income tax bracket.

It is do-able but this assumes QQQ goes up, you sacrifice some upside for the premiums or stays flat and your QQQ premiums are consistent. If QQQ trades down against your cost basis your likelihood to secure 1-2% weekly goes down a lot.

Bought puts on IWM just now. I’m either the biggest bankrupt degen of all time. Or I’m making 20k today cause I went against the market

Fuck IWM mad weak

eaction to political pressure on the Fed historically doesn't show up in big-cap equities directly — it shows up in rate-sensitive sectors and the dollar. Worth watching:

\- Long bonds (TLT) — rallies on Fed independence preserved, fades on capture risk
\- Gold (GLD) — hedges currency debasement / Fed credibility loss
\- Uranium and energy plays (URA, XLE) — react to long-end yields
\- Small caps (IWM) — most leveraged to actual rate cuts

URA specifically is in a tight coil right now under $56.67 resistance, MACD just turned bullish (1.37 > 1.31), Stage 2 stack intact. Chart for context: [https://analysis.al-ai.net/chart/URA?market=us](https://analysis.al-ai.net/chart/URA?market=us)

If the read is "Fed credibility wobble = real assets bid", these are the tape signals to watch — not the headlines. Not advice, just where the actual flow tends to show up.

U might be right but I generally only play selling puts (or bull put spreads) or sell covered calls on the indices (IWM, QQQ, SPY, SPX) cos I believe in the long run they will go up
I do have some other stocks like GLD (cos I believe gold will rise in the long run so I sell covered calls on it) and some AI stocks and silver which are more of the holdover from the beginning of my options journey and somehow never get called away yet

IWM 261 cc and NBIS 120 cc will get called away today
I'm bigly cash gang by Monday.

Another month of results from running low delta **Short Put Verticals** aka Bull Put Credit Spreads!
I finished the month up $ 34,383 in profit closing out 300 SPVs.
Here are the highlights:
* **Top 3 in profit: SNDK - $12,696 ( 37%)**
* **MU - $ 11,660 (34%)**
* **LITE - $2,268 (7%)**
* **These 3 tickers were 77.7% of total profit**
* **Traded 57 individual tickers**
* **300 SPVs closed for the month**
* **Only 10 losing trades for the month -** ***97% Win Rate***
* **Average profit per SPV-** ***$ 114***
* **Average time held per SPV -** ***4 days***
* ***Average % of premium on close - 23.27 %***
I have been day trading these spreads closing at 20% profit due to the market instability hence the lower average per spread for this week.
 Here are my rules for trading credit spreads:
* **All SVP's will be opened 35 to 49 DTE**
* **Short put strike chosen at .20 delta or lower (I have been choosing 13/6 deltas for new verticals).**
* **Long put chosen to achieve a net delta of .07**
* ***All the following criteria must be met prior to opening trade***
* **Analysis of spreads Max Profit must show 80% or more probability for Maximum Profit**
* **Analysis of spread's Break Even must show 80%or more probability for Any Profit**
* **Analysis of Max Loss must show 10% or less Probability for Maximum Loss**
* **ROI for premium collected (premium divided by collateral required for spread) must be 10% or more**
**Below are profits for all 57 tickers:**
|Ticker|Profit +/-|
|:-|:-|
|SNDK|$12,696|
|MU|$11,660|
|LITE|$2,268|
|AMZN|$2,052|
|SMH|$1,354|
|STX|$1,250|
|TSM|$977|
|GOOGL|$852|
|BE|$728|
|WDC|$693|
|AVGO|$640|
|MSFT|$522|
|NVDA|$481|
|AAPL|$431|
|TSLA|$413|
|AXTI|$401|
|INTC|$398|
|AMD|$353|
|CIEN|$348|
|DIA|$331|
|VOO|$309|
|VRT|$269|
|CAT|$245|
|GEV|$219|
|GLW|$211|
|IWM|$196|
|AGX|$167|
|ASTS|$150|
|CCJ|$140|
|ORCL|$102|
|APP|$92|
|LRCX|$92|
|PWR|$89|
|AEHR|$80|
|EWY|$78|
|EQIX|$69|
|GOOG|$65|
|GDX|$63|
|TQQQ|$60|
|NBIS|$55|
|CRWV|$50|
|SHOP|$41|
|VTI|$34|
|QQQ|$29|
|MRVL|$22|
|SPY|$20|
|NOW|$19|
|HOOD|$17|
|QCOM|$17|
|NFLX|$16|
|WMT|$14|
|ARM|$13|
|RDDT|$12|
|APLD|$11|
|AMC|$7|
|XLF|($0)|
|META|($3,588)|
|CAR|($3,947)|
|Totals|$34,383|

I don't put stop loss. If you are more comfortable to put it, up to you.
With futures, I am automating the strategy as only NinjaTrader offer ninja script with has all functioanlities to airo trade. I only trade options on ETFs like SPY, QQQ, IWM with a small profit of $10-15 per contract. On options, I immediately put the take profit on TastyTrade as soon as I get in. I built a small app which uses the API of TastyTrade and I only need to click on 1 button to enter a trade and it put the automatic take profit.
I don't complicate things with the exteremly low probabilities. Trading is not just about mathematics to the letter, otherwise all the mathematical models will be performing extermely well with all the backtesting and amount of data available. When I started, I was putting SL but it was being hit more or less immediately. With options, I got the confidence as I can only trade once a day with a cash account.

Seriously though what is the thesis for IWM/Small Caps to be pumping like all hell right now?

All In IWM Puts