IWM
iShares Russell 2000 ETF
stock NYSE ETF

I would not expect IWM to do well after CPI and PPI showed a fairly hefty inflation rate...which would in turn mean either no rate cuts, or possible rate hikes...typically. If Donaldino Pumperino get's his way, we would have lower rates, and higher inflation....just put the economy into red hot overdrive.

IWM not joining the rally right now, telling yall IWM is gonna be the first one to dump. cant even get to ATH this week

3rd trade of the week. Green with Greed 🐇 Got in calls at 9.49 ET with 3 contracts. No fancy options strategy. I put 100% take profit. I wanted it to hit $75 per contract profit.
Today, was weird day, usually IWM moves similar trend to SPY but today, it was completely opposite way! Some would say market manipulation, pumping S&P with all these AI bubble, etc but I don't care, I play what is on the chart, that's it.
I did get 92% profit withing 10min in the trade. It was already in profit of $200 but with the greed 😅, I wanted it to hit this $225 to auto close, so I stayed in.
One and done: 3 contracts = $225 total profit
Total options cost = $225
Time in trade: 56 min. Quite long morning glory trade, not really worth the stress.
Started this week account of $300 and growing it to $60,000 with 1 trade a day, is still my goal.
Strategy is trading one trade a day, 2-5 times. I have been trading for a bit of time and can spot the psychological levels and how it is moving. On IWM, 280-283 is a tricky level and I don't want to stick to long with an open position at this number. It has been oscillating between these levels for long time.
I only day trade options on ETFs on my phone. Timestamp on the broker is UK time. So, entry time of 2.49 is 9.49 ET.

IWM gave a great dip and delay for solid 0DTE calls today. Big help in rebuilding the account I blew up last week averaging down to nothing on my calls. 31.6k this week from the 2k I had to scrounge up to put myself back in the game. I'm eatin' nuggets tonight.

10:40ct time I bought $284 puts on IWM at 47c a pop. Not for a single moment I was up. Just lit up my money on fire

Grabbed more IWM July Puts. 
This Recession might make 2007 look like just a dip but at the very least could be mistaken for it's twin.

IWM puts are the play, no semis to keep dragging them up, rate and oil sensitive. IWM will be first to drop

I closed both OA and Tradier because of Tradier. Just could never get good fills with Tradier and they would take 3-4 hours to finally fill. Schwab fills in < 10 minutes (normally instant), E*Trade fills in seconds to minutes. Manually trade now with both of them (Schwab and E*Trade).
Have been thinking of opening an IBKR account (mainly to hold alternative currencies - not trade, just have in "savings account").
I was using Tradier because of the free OA, but OA not worth the price they charge for the limited trades I would do through them. Plus OA does not trade RUT directly, only through IWM, which does not cut it for me either.
Nice concept, good execution of the trade engine, just poor back ends for the actual trades.

I do index investing and swing trading with many of my positions, with exits and entries happening at the end of the day. For example, on May 15th, I might exit my position in IWM, sell all my shares, and then cycle into the SPY ETF.
The problem is I haven't found a quick way to do this. I have to exit about 15 minutes or more before the market closes, then calculate the shares, etc. I'll buy the SPY then.
If there's a broker out there, I could tell it at 4 p.m. to sell all IWM shares, then buy 100% of my available cash into SPY at 4 p.m./close.
I may be overlooking something here, but it's just a minor annoyance I'd like to automate if I could.
Currently, I'm with IBKR (Taxable), Fidelity (HSA), and Schwab (IRAs).
Thanks!

# AND THERE YOU HAVE IT
# CONGRATULATIONS TO ALL BULLS, CALL HOLDERS, DIP BUYERS, CHASERS, AND FOMOERS
# ON YET ANOTHER
# BRAND SPANKING NEW
# QQQ ALL TIME HIGH!!!!!!!!
# IWM AND DOW JONES UP NEXT!!!!!

Going in and out of IWM $205 July 17 Puts. Same same but different answer to your question I think.

This is what I did
I got SPY at $679. It crashed to $630 during March and I thought the war wouldn’t end so fast so I sold calls at $650 to get premiums and for a while it worked. Then SPY shot up like crazy. Btw, I did the same thing for QQQ and IWM (I got all three)
What I did was roll them up until I am in profit
Yes, I now have to hold the stocks until June next year but to me it’s ok cos in my opinion, only two things will happen
The indexes go down in value and I can resume cc on them
The indexes go up and eventually they get assigned away but I’m ok cos they are in profit and I take it as a high paying fixed deposit
Also, I am selling bull put spreads on SPX so if the second thing happened (prices shot up), it means I am making a lot of money on the puts
If the stock price tanks like crazy so that my indexes cannot sell cc and my bull put spreads don’t work, the world is probably in chaos already
Of cos the most important thing is I never borrow money to own the stocks or run my spreads

That's interesting, but that's not what I'm seeing in the market right now. I think you might be expecting every stock to get crushed all at once, but that's not how markets generally roll over.
Several areas of the market are already starting to break down. Last week, both the Russell 2000 (IWM) and the Dow Jones Industrial Average (DIA) began rolling over. European ETFs (EZU) are showing the same weakness. We're even seeing the leaders in semiconductors starting to struggle, with Taiwan Semiconductor (TSM) being a prime example.
The reality is that a very limited number of names are pulling this market higher, which aligns perfectly with what we pointed out when we highlighted the downward-sloping advance-decline line. The breadth just isn't there.
If you have evidence that the market is going to continue higher from here, I'd genuinely love to hear your thesis. But simply saying I'm wrong and calling me an "old timer" without explaining why doesn't really add to the conversation.

Sold my IWM and SPY puts for a nice profit. Eventually switched to IWM calls and now making profit on those. Only problem is I have trust issues, so I'm sure to paperhand those IWM calls.

IWM taking a breath before the real dive?

I have been for a while. I re-started with small account and posting in this subreddit. See my post. You can see past comments also going months back.
- only buying options to open position and closing to take profit.
- one trade a day and maybe 2-3 days a week as I work full time for now
- re-started with a small cash account of $300 and growing to $60,000 in 6 months as the target
- trading EFTs like SPY, QQQ, IWM etc
- targeting a small profit of $10-15 per contract, although I am greedy and ride the candles and profit more 😅 this will probably cause my downfall. I am also creating a little tool to use TastyTrade API so that I can automate partially my strategy but I will still trade manually as it is easier. 

Sold IWM call too early

I bought $IWM Calls and made 70 - 400% depending on the strike.
Act first. Think second. There is always time to get out of a trade but waiting to get into a trade can cost you.
I am paraphrasing Stanley Druckenmiller there.

Tomorrow Bols either finally start to show a little respect and feel a healthy amount of dread, or I buy into cheap IWM Puts once again.
Maybe both. 🤔

I look forward to getting back into IWM Puts after this encouraging 1 week lower high.
IWM will be the leading anchor in dragging the more tech-heavy Indexes straight to Hell.