IWM
iShares Russell 2000 ETF
stock NYSE ETF

That's what happened to me too, was in IWM puts and stopped out then it dumped and my puts would've been 100%

Do you have anything you’re looking at for tomorrow on IWM brother?

Same I love SPX. I am full time trader of SPX IWM QQQ.

Sell puts on IWM on red days at .20 delta-ish 45 DTE or less. Just a suggestion.

Get rid of IWM and SCHD
No need to be focused on dividends when you’re 24 years old. You need growth investments and time in the market.
I’d personally consolidate IWM and SCHD into QQQM and VOO. Less of an expense ratio + virtually same holdings:
Then add 1-2 individual companies for growth as you’re extremely young.
I’d pick $GOOG and $AMZN for AI + robotics for the future.

I started trading 0 DTE butterflies on the SPY, IWM, and Mag 7 stocks.

I use a confluence of support, resistance, VWAP, VolumeProfile, and Max Pain price to select my body and wings.
The reality is that you will never reach the max profit because of the volality usually at the end of the trading day, and not to mention, your brokerage will conduct risk management around 3:30PM EST to close out any options at risk of assignment (if your account cannot support that).
Therefore, you will likely have to take profit early (e.g. 25-50% of debit paid).

## 📊 Market Snapshot - February 11
> **Sentiment:** Mixed Session
### 📈 Major Indices
| Index | Price | Change |
|:--- |:--- |:--- |
| **SPY** | $691.96 | -0.02% |
| **QQQ** | $613.11 | +0.27% |
| **IWM** | $264.95 | -0.45% |
| **VIX** | $26.24 | -0.38% |
---
### 🚀 Top Gainers
* **STIM** $1.83 (25.45%)
* **KOS** $1.80 (12.50%)
* **MU** $409.99 (9.84%)
* **T** $28.54 (4.12%)
* **VZ** $48.83 (3.05%)
### 📉 Top Losers
* **CPNG** $17.70 (-3.02%)
* **NFLX** $79.72 (-3.02%)
* **OWL** $12.57 (-3.06%)
* **RGTI** $16.44 (-3.09%)
* **HIMS** $16.68 (-3.22%)
### 🔥 Volume Leaders
* **NVDA** $190.32 (0.95%)
* **F** $13.85 (2.03%)
* **TSLA** $428.88 (0.86%)
* **T** $28.54 (4.12%)
* **MU** $409.99 (9.84%)
### 🔥 High Short Interest
* **PLUG** $1.97 (-3.40%)
* **ONDS** $9.29 (-4.05%)
* **BBAI** $4.39 (-3.73%)
* **AMC** $1.28 (-3.38%)
* **MARA** $7.53 (-1.70%)
---
💬 **What's your move for tomorrow?**
Any of these tickers on your watchlist, or are you sitting on cash? Let's hear the plays! ⬇️

Do we think the IWM puts dude got out on the -.30% dump this morning or is holding?

I trade a wheel on IWM. Of the indexes, it is the most volatile and therefore has the best return. An underlying fundamental of the indexes (SPY, QQQ, IWM) is they represent the broad market. Eventually the market always recovers and makes new highs. This may take a a while, like 6+ years in the 2008 recovery but they all eventually have always made new highs. On top of this this indexes are self healing, each gets rebalanced each year, removing the bad actors and replacing them with new good actors. Lastly, as long as inflation exists, the value of the market will again always eventually make new highs.
Given all of my beliefs above, trading a bet that the broad market will go down or at the very least sideways would be a short term trade where you have a hunch something may go haywire. Long term you will eventually get crushed.

Damn, just looked a few minutes ago at YTD numbers and QQQ is down 1.5% SPY is down 1% and DIA is up 4% and IWM up 6.5%
It would appear the tech rally is dead.

My short spx call spread is back to being otm, market might actually go red at this rate.
I think IWM is down cuz the rate cut chance got pushed back a month? idk about that stuff but my IWM cc is also back to being green so I dont even care haha

Violent IWM reversal... There's not a payrolls number in the world that would be bullish for small caps. Too high? Rate hikes, sell smalls. Too low? Economy falling apart, sell smalls. Goldilocks print? Sell smalls anyway.

IWM has been up bigly lately

# IWM was sent to the abyss

Everything looks good I don’t know what IWM

20k puts sitting at 262 for IWM. Woof

You’re doing a lot right tbh. Вefined risk, small sizing, mechanical exits, avoiding event risk. That’s already better discipline than most newer traders. Just wouldn’t overstate the “high IV” edge here, IWM IV premium exists, but it’s moderate, not juicy.

Whoever told me to short IWM instead of QQQ yesterday your moms a hoe.

Have you noticed IWM is up +8.1% YTD vs SPY +1.5%? So I'm not sure about your statement that $RUT should "continue to underperform?"

Selling IWM Bear Calls - is this a silly strat?