IWM
iShares Russell 2000 ETF
stock NYSE ETF

There it is 2% IWM have a good weekend I want off this ride

IWM I never fucking gave up on you for a second and now you’re repaying me so nicely.. I love you small caps 🥰🥰🥰

⏰ Friendly reminder that the market is closed on Monday due to Washington's Birthday.
🐮 Also, as the IWM Puts guy outside, I was bearish on Wednesday, and I played Puts again yesterday, but I'm neither holding nor opening any Puts or bearish positions today.
🚀 And as the much less-known KRMN guy, I've started to load up since yesterday. Slowly, but loading up.
Thanks for coming to my TED talk.

I have longed IWM on leverage and done nothing else

Let's switch it up... +2% IWM kinda day
visualizing it

STO: IWM covered call 272 strike expires 3/13 for $3.20

An all world STOCK ETF that will "steadily" grow, doesn't exist, depending on how you define "steadily". During 2008-2009 the ACWI ETF, the oldest all world stock ETF that I know of, declined -55% and then it needed almost 5 years to recover... 4 years and 9 months.
But since the pre-crisis peak of 2008-05-16, it is up +278%. So I don't know if would have been possible for you to hold on for 4.75 years. I will tell you... most individual investors were unable to. They have unrealistic expectations, and they sold at a low price. That's human nature.
I don't know what is approved for Germany, but the ACWV ETF is a lower-volatility world stock ETF. Maybe that would be more appealing.
Whatever you do, as a non-US person, do not 100% invest in the USA with VOO QQQM SPMO SCHD VTI or whatever Reddit and influencers are promoting. It's a terrible idea. You will be exposed to US IT sector overconcentration and currency risk. You do not want that. Your idea of a global ETF is correct.
I am a US investor, and I barely own any US stocks... just some US small caps, IWM ETF. I don't have any VOO QQQM SPMO SCHD VTI. Most of my stocks are exUS, Emerging Market, German (!), Japanese, Singapore, Brazil. Wow they have been great.
Basically Reddit gives Scheisse advice, be very careful.

2x baggers off IWM calls I bought yesterday
paperhanding now because I'm a pussy 🤧

!banbet IWM 262 8h

## 1. Short-Term Outlook: Today (Feb 13)
The stability of IWM is currently low. The index is trading below its 10-day SMA ($262.36), which has flipped from support to a formidable "ceiling".
• The "Yen Pressure": Your watchlist shows USD/JPY at 153.66. The Yen has strengthened significantly from the 157.00 level seen just a week ago. This continued "unwind" of the carry trade is forcing institutions to liquidate small-cap positions to cover currency losses.
• Volatility (RVX/VIX): The RVX (Small-Cap VIX) at 23.41 is trading at a premium to the standard VIX. This tells you that the "fear factor" in small caps is significantly higher than in large caps, suggesting more erratic price swings today.
## 2. Next Week & "Max Pain" (Feb 17 - Feb 20)
Next week is a Monthly Options Expiration (OpEx), which acts as a "magnet" for the price.
• Monthly Max Pain (Feb 20): The Max Pain level for the February 20th expiration is currently $260.00.
• The Pull: Because the current price ($259.54) is sitting right at this level, we may see the stock "pin" around $260.00 for the early part of next week as market makers balance their books.
• Expected Move: The option market is pricing in a ±$7.15 (±2.68%) move for next week. This places the "Lower Price" boundary at $259.50, which we are testing right now.
## 3. What the "Option Market Whales" are Doing
The whales are not "buying the dip" yet; they are building a defensive wall.
• Put/Call Imbalance: The Open Interest Put/Call ratio has climbed to 2.6, well above the 52-week average of 2.3. Put open interest has risen 3.6% in just the last 5 days, showing that whales are loading up on protection.
• Institutional "Sweeps": On Feb 11, we saw an unusual whale trade of 20,326 contracts for the $256.00 Put. This is a massive $3 million bet that the flush is not over and that $256.00 is the next target.
• The $270 Wall: On the call side, the highest open interest is concentrated at the $270.00 strike. Whales are selling these calls to collect premium, effectively betting that IWM will not break back into its January "melt-up" trend before next Friday.
## Summary Battle Plan
• Today: Treat $262.36 (10-day SMA) as your "Short" trigger if it rejects from below.
• Next Week: If the Yen continues to strengthen (USD/JPY drops below 150), the $260.00 Max Pain support will likely fail, leading to a test of the $256.00 whale target.

I have never tried IWM for 10s trades but have on spy for 1-2 hour periods say into lunch or out of lunch.
You can backtest IWM but I am going to speculate that there may be an edge there too.

SPY, QQQ, DIA, ans IWM all have big moves multiple times per day or at least one big move per day. IWM moves similar to the other 3 as it's the Russell Small Cap Index Fund and the contracts cost less. Try IWM to pick up more contracts per trade if youre scalping options and you can fast track gains ( potentially). I started scalping other stocks, then just SPY then including the other major indexes and now it's basically SPY and just a couple others. You only need a few tickers to trade. SPY ODTE is fast, fast way to grow your account and fast way to blow it up.

Lemme guess - you are short IWM long SPY...

Doesn’t IWM have more volatility?

It's simple...ORB (or ANY strategy) doesn't work 100% of the time. Sometimes you'll get stopped out (provided you follow the system). It also depends on how much of a drawdown you'll allow. On this chart if you waited a bit as price was kinda choppy at the beginning you would have probably entered puts.
Those wicks on the opening few candles would tell me to wait longer. For me IWM works waaay better using ORB most times

Bought 2 SLV 70p an 2 SLV 65p an one IWM 260p
Turned my last 200 bucks into 1k. If this holds tomorrow maybe 2-3k then I'll wait for the next obvious play and full port w that powder.

Calls for IWM? I don’t have anything in play I’m going to go based off my RSI off open market & EMA & VWAP

IWM has CPI tomorrow at 8:30am in Texas time, so be ready this is free game use your VWAP, EMA & RSI to tell what the trend is going to be tomorrow it’ll go straight up or down!!!

Hi Dan and Matt, you guys are my heros. Let me nag you with 2 questions:
1. I am observing a historic parabolic expansion in Staples (XLP) reaching a 96 RSI, while small caps (IWM) are fracturing. In your experience as market makers, when 'Safety Sectors' reach this level of over-travel while the broad indices lose their GEX floor, does this typically signal the 'final flush' of institutional collateral? Does the rotation out of XLP typically serve as the final fuel for the downward tunneling in the indices?
2. Given that IWM liquidity is significantly thinner than the SPX/SPY, how do dealers manage a 'Short Gamma Deep-End' scenario? Specifically, when price crosses below the Zero-Gamma flip in IWM, is there a mechanical point where your hedging velocity (∂tΔ) becomes non-linear because you’ve exhausted the available RTY (Russell 2000 Futures) liquidity?
Can I ask 2 more questions?

I was up ~50% on IWM weeklies (267c) that I bought at bottom today. I decided to let it ride for tomorrow. if your puts pay off then you can thank me 😮‍💨