IWM
iShares Russell 2000 ETF
stock NYSE ETF

Guys I have IWM 273 0DTE calls what do I do???
Trust in the pump?

Picked up a GLD 424/426 call credit spread to go with my SLV 70/72 call spread. My IWM call spread and XLE put spread are doing nice too, all expire Friday

Real talk I get SPY having fuckery occurring due to AI but how is the DOW/IWM not in the depths

iously but the underlying tension you're pointing to is real. markets are basically forward-looking discounting machines, and right now the earnings narrative from mega-caps has been strong enough to offset the macro headwinds. the problem is IWM, like you said. small caps should be getting crushed by 10yr yields near these levels and they're not. either the market genuinely believes rate cuts are coming sooner than the data suggests, or there's a LOT of passive inflows keeping things elevated regardless of fundamentals. either way the disconnect is worth watching, it tends to resolve itself eventually and usually not gently

Come IWM, go to liberation day levels. 180 would make me happy

IWM dead, good riddance.

Either going qqq puts or IWM calls, depends on what am I? A bul? Or a ber? Chat what am I?

I hope NBIS and IWM get killed by Friday.
Put in for a msft call spread and went to do some stuff this morning, dip got bought up though so its probably not getting filled at my price.

e forward-looking by nature, and right now earnings are the story. q1 numbers came in better than feared for a lot of large caps, and the market is essentially saying "oil and yields are a problem for NEXT quarter's guidance, not this one." the 2022 selloff happened because rising rates hit valuations AND earnings estimates got cut simultaneously. if oil stays elevated and we start seeing margin compression in corporate guidance, THAT'S when equities will reprice. the IWM point is valid though, small caps with no earnings should be getting crushed and the resilience there is a bit puzzling

How is IWM the only index not pumping right now when its the FOMC day and rate decisions have the BIGGEST impact on IWM of the three. If it were a real pump based on real knowledge there would be easing financial conditions IWM would be leading the charge. You idiots will be getting rug pulled.

I get what you're trying to do but it's conflating the actual signal you're after. Aside from the MAG7 issue, SPY is also market cap weighted. So this is comparing thousands of apples to a few massive oranges.
If you're going to compare to SPY, then you need to only include SPY companies and then market cap weight them. I would argue that will isolate alpha but it suffers from the disadvantage of eliminating most of your data set.
Once you have a proper benchmark, it's trivial for someone to compare IWM vs SPY and adjust themselves.
That's just me but I've been trading professionally for going on 30 years now, so I kind of know what I'm doing.

The entire reason stocks declined 10% during the war with Iran was the fear of an extended conflict that could lead to Hormuz being closed and oil prices being higher for longer. Stocks more than rebounded to new highs after a cease fire and the belief the US admin couldn't stomach a prolonged conflict and high oil prices.
Over the past few days, the very reason the market initially took a significant dump has mostly been confirmed. Hormuz is likely to be closed for longer than anyone expected back in March. Rising oil, combined with rising treasury yields due to expected inflation, have become a reality.
Yet stocks are mostly unmoved by this new reality. How's this possible? Are stocks really being artificially propped up until Spacex IPOs so that interested parties don't take a massive haircut? What could be the reason the market has all of a sudden chosen to ignore negative factors it once reacted violently to?
And before anyone says tech stocks have great earnings, IWM is still near ATH and it's full of profitless companies that are the most sensitive to high costs and high yields. These are the same stocks that took a massive dive in 2022 over high inflation and yields. Yet they're not behaving the same way as of 3 weeks ago.

You really cant make it up. I had a straddle of QQQ puts and IWM calls thinking that was the play based on tech needing to retrace some of this massive rally on all the tech short squeezes and that the Fed meeting today would shoot IWM up if its unexpectedly good news.
Somehow QQQ is up/even and IWM is cratering. How is it always just rigged so that I in particular get giga cucked.

IWM likes higher oil prices

Forgot to add; how is IWM not getting killed on higher oil prices again.

Spy, IWM , qqq, schd, soxx

I trade 1dte SPY QQQ and IWM spreads on IBKR API with code generated by Claude, so far so good. I tried ChatGPT and it was mess, it generated the code with wrong side entries and at one moment executed 100 trades in a couple of minutes. Claude is great, fixed all the garbage from ChatGPT. I’m using docker on Vultr VPS, just ask Claude to generate the docker.

You have a massive methodology flaw. Insider buys are heavily skewed to smaller names. Yet you are using the SPY as a benchmark. You should be using IWM.
And the academic literature has pretty much settled the question: unconditional insider buys don't beat the benchmark. So looking at different slices will be far more interesting.

!banbet IWM 250 7D

IWM puts, they're cheaper than spy and have the same chances of hitting