IWM
iShares Russell 2000 ETF
stock NYSE ETF

I’ve done it on SPY, QQQ and IWM and have been assigned now selling cc on them.

I feel like it's been a $3 chop on IWM for about 3 weeks lol

IWM puts here

How does the Russell 2k (IWM) climb up on news of the strait of Hormuz going hot? And why did I buy puts when I know stocks only go up.

Start with AI and tell it what you have been doing. Listen to it. Use both claude and chatgpt. Avoid going and watching all videos on youtube as you will be overwhelmed with all strategies which does not fit your trading plan (you maybe working full time etc during market hours)
- I day trade options once a day on ETFs like SPY, QQQ, IWM etc and been posting my entry/exit in this subreddit. On week 10 now, growing a $300 account to $60k in 6 months

It's bad when IWM is doing better than SPY and QQQ

Day 3, Week 10. Green. It is not a challenge, doing normal trades as all of you 🙂 Glad to see people being inspired or learned after my posts and commented they did long calls/puts and got their profits 😊 in the last 10 weeks. I haven't seen people posting consistenly their broker screenshot besides their weekly/monthly 3rd trade log.
On IWM, 295 is a psychological numbers, just human nature. I probably annoyed you with saying this. The concept is simple and repackaged as levels, supply/demand, fancy words. Someone asked about order book, I know exactly how it works but I don't bother with it. Do you know orders are cancelled at the last milliseconds by those who have direct market access 🤷🏻‍♂️ Just watch the chart and wait as retail
As I write this at 10.30 ET, I am done for today. I had some things to do and went for a risky earlier trade. I could have stayed more and got $45 per contract but what is the point.
I did 15 contracts as I got in a bit early.
I got in at 9.42 and 3 min later, I was already out. I don't last long. Nothing to prove to anyone who tell you to last longer 😬 You take your profit and show up tomorrow. You know greed will be your downfall 😅
Just do what the chart, your inidcators and checklist tell you to do. Your employer has a plan, the day they don't need you, they will just tell you. I work in IT full time, I don't see how long it will last, especially for experienced people and getting their current pay rate.
If you hesitate to get in, use money you can afford to lose to practice. That's it.
I never use R ratio in any of my calculations, it works for some people, but this maths does not work for small accounts and also for day trading options or futures if you want to be profitable consistenly from what I see.
No fancy options strategy like iron condor, selling etc. Using simple EMAs, VWAP etc to see the trends and levels.
One and done: 15 contracts = $180 total profit.
Total options cost = $1,170
15 % profit
Time in Trade : 3 min. A morning glory trade 🤤
Life is short. You do not need many trading days to grow an account. It is the same if you do options or futures, start small. If you shit in your pants after the first trade and lose in second trade on same day, stop being silly and only do one trade or take a break of 15min before trying second trade.
If I start doing 2 trades a day, I can grow my account much faster, however for this plan, I need to stick to it. When I will grow again a small account next time on options or futures, I will target to a shorter amount of time, maybe 3 months.
Start small, money you can afford to lose, then grow your account.
It is not a shame to trade with 1 contract. Shame or pride does not give you profits.
If you are learning by yourself, give it 2-3 months to see how you are progressing.
If you believe I am lucky every day with the trades and posts 🤷🏻‍♂️ so be it. I believe I have no choice, to put in the effort and keep doing, any loss is my loss as it is me executing my own trades and money.
Started with $300, just 3 contracts, 10 weeks ago, and growing it to $60,000 with 1 trade a day in 6 months target. If you were also trading, even $10 per contract per day, you will have progressed a lot.
My trading plan and strategy is trading one trade a day, 2-5 times a week depending on availability.
I only day trade options on ETFs like SPY, QQQ, IWM etc. Timestamp on the broker is UK time. So, entry time of 2.42 is 9.52 ET.
I trade on my samsung s10e. I will say goodbye to it soon. screenshot is from TastyTrade.

IWM ATH EOD

IWM, XLI, AMD, VICR, PGR, FIVE

Been digging into [$IWM](https://aimytrade.io/ticker/iwm?utm_source=reddit&utm_medium=comment&utm_campaign=SmallStreetBets&utm_term=IWM&utm_content=template_1783586936892_3i4i51). Earnings tends to swing it so I check the pattern first.

IWM quietly had its best first half since 1991, up roughly 22%. And it's not the usual suspects driving it.
16 Of the top 50 Russell 2000 performers are tied to semiconductors. We're talking AI supply-chain plays, not the mega-caps everyone's already in. Aehr Test, Ichor, MaxLinear all posted 400%+ gains. That's insane.
The macro setup looks ok-ish. Oil pulled back from $110+ to around $68. Earnings expectations for small caps are calling for 48% EPS growth vs. 24% for S&P 500. Consensus seems bullish.
But here's the catch, and tbh this is what makes me nervous: Russell 2000 is trading at 26x forward P/E, a 28% premium to the S&P 500. Meanwhile actual 2026 EPS estimates for the index got revised down 9% YTD while S&P 500's went up 9%. Checked the charts on moomoo and that divergence between price action and estimate revisions looks pretty stretched.
Rate sensitivity is still the wildcard. Small caps tend to get wrecked when rates stay high longer, and we're not out of the woods.
Ngl I'm torn. The AI supply chain angle is real but the valuation premium feels like it's pricing in a lot of things going right. Anyone else holding small cap exposure or did you rotate out already?

I am also based in, work full time in IT. Well done doing it by yourself. Leverage on AI to clarify anything you need, that would speed things up.
- I day trade options once a day on ETFs like SPY, QQQ, IWM etc. Growing a small account from $300 to 60k in 6 months. On week 10 now. Been posting daily all my entry/exit on the subreddit
- hopefully you can get inspired by it. With today's access to real time market data, negligible fees, small accounts, retail can make lots of money quick if you are consistent and not greedy
- I was doing SPY/QQQ last year and you can see my only 2 videos on my youtube channel from 12 months ago. I will try ads more vids but don't have much time. I will also write on my new blog
- in UK, it is more gambling which are promoted like spreadbetting etc instead of options/futures

IWM going to moon into the stratosphere in around 55 minutes

Earth to IWM and all things Russell related: stop flying so close to the Sun, your wings are going to melt any moment.

Also got entirely out of IWM for about 5% profit. It's too rate-sensitive and I think oil and rates have to go higher, even if the ceasefire holds. China will start buying again

IWM drilling makes my day and I don’t even have puts

I'd move IWM before touching SCHG. Small caps haven't been great for income stability and adding something like IWMI makes more sense there if you want to shift toward yield without wrecking your overall returns. SCHG has been carrying too much of your growth to mess with it first. I'd also look at OVL or GPIQ since total return matters more than the yield number by itself when you're still making the transition.

IWM/RUSSELL have a chance to do something extraordinary today....just can't shit the bed, like it's doing right now...reverse damnit!

SCHG probably most closely equates to QQQI or GPIQ with dividends reinvested. I would be more tempted to move IWM first. Here is a good allocation for income based on Tyler's Golden Portfolio allocation:
20% QQQI
20% IWMI
20% TLTI
20% IAUI
20% CSHI
Harry Browne's Permanent Portfolio would cut out IWMI and adjust the other allocations to 25%. These are about the most stable portfolios over time. Harry Browne (the US presidential candidate) developed his portfolio, minus the income aspect, in the late 70s, and it has withstood the test of time.

I have 60% in SCHG 30% in IWM, and 10% in VWO (international) . Should I put a portion of SCHG allocation to GPIX OR SPYI? Or what is a good allocation for just transitioning to income orientation?