I opened $SPY 20240607 529.0 P

238
8
Favorite

I opened $SPY 20240607 529.0 PUT$ ,📉 Observing market makers loading up on positive delta and negative gamma for the expiration term tmr. Furthermore, there are lots of negative gamma and positive vanna below 532. If price holds above 532 till tmr, then SPY should stay up. If not, strong bias to the downside till 529 (first intermediate significant price point to watch) and then till 527.5 (2nd point to watch). Overall, quite a blood bath if this happens! Opening this put as a general hedge just in case 🤞

SPY PUT

06-07 01:44

US20240607 529.0

Side	Price	Realized P&L
Buy Open	0.32	-- Closed

SPDR S&P 500 ETF Trust

# Trade Feed: Who is your favorite star traders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

238

Report

Comment（8）

Top
Latest

Lord_Kuberan
·06-07
TOP
Im just wondering, whats your rule of thumb to close your option position?
Reply
Like
Report
Fold Replies
- jace0777:
  If SPY breaks below 532 - close 1 contract if SPY hits 529, and another when SPY hits 527.5. Close second contract at breakeven if not. If SPY stats above, let this expire
  06-07
  Reply
  Report
CecilFranklin
·06-07
Wow, impressive analysis! You've got a keen eye on the market. Good luck with your hedge! 🤞
Reply
1
Report
Aqa
·06-07
Thanks for sharing.Good luck. Liked and shared.
Reply
1
Report
Davidpcm
·06-07
Sharing
Reply
Like
Report
Atwosome
·06-07
Good
Reply
Like
Report
梓坚
·06-07
👍👍
Reply
1
Report
Tom Chow
·06-07
good
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":314063766466632,"tweetId":"314063766466632","gmtCreate":1717696146932,"gmtModify":1720529386352,"author":{"id":4121030739638162,"idStr":"4121030739638162","authorId":4121030739638162,"authorIdStr":"4121030739638162","name":"jace0777","avatar":"https://community-static.tradeup.com/news/ab091d01808735480e16e2dfd3a8a78f","vip":2,"userType":2,"introduction":"PhD in Comp. Sci. specializing in AI/ML. Finance buff in IT security field. Has CFA L2.","boolIsFan":false,"boolIsHead":false,"crmLevel":7,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"23f878ed27704312ae41c7f17e73b319-4","templateUuid":"23f878ed27704312ae41c7f17e73b319","name":"Annualised return","description":"Top 10%","bigImgUrl":"https://community-static.tradeup.com/news/15d4b5a89fa218ed3a35da1a05874cf6","smallImgUrl":"https://community-static.tradeup.com/news/16e2b28d75d7746886400fad4f4ec3e3","grayImgUrl":"https://community-static.tradeup.com/news/6f578d36f80e1a3d9c705f395e522048","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.22","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":9646,"starInvestorFlag":true,"starInvestorFollowerNum":5314,"starInvestorOrderShareNum":621,"userFollowInvestorFlag":false,"orderNotificationFlag":false,"ror":69.17,"showRor":true,"investmentPhilosophy":"研究为本，期权为石，风险严守，鹰眼寻机。\n同伴共度风雨，携手寻盈利路。Stay hungry, stay foolish! Good trading y’all! 🔥","winRationPercentage":90.769231,"navOrReporedYield":0,"tradeVolumeEst":0},"themes":[{"themeId":"4e1ab37448a24dd39b7882426fc6fd27","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"Trade Feed: Who is your favorite star traders?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":4e1ab37448a24dd39b7882426fc6fd27}&rnconfig={\"headerBarHidden\": true}","description":"Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the \"hidden gem traders\" that you've discovered!","image":"https://community-static.tradeup.com/news/e496e574dd744490c7b4f7959f83f5a4"}],"images":[],"coverImages":[],"html":"<html><head></head><body>I opened <a href=\"https://ttm.financial/OPT/SPY 20240607 529.0 PUT\">$SPY 20240607 529.0 PUT$&nbsp;</a> ,📉 Observing market makers loading up on positive delta and negative gamma for the expiration term tmr. Furthermore, there are lots of negative gamma and positive vanna below 532. If price holds above 532 till tmr, then SPY should stay up. If not, strong bias to the downside till 529 (first intermediate significant price point to watch) and then till 527.5 (2nd point to watch). Overall, quite a blood bath if this happens! Opening this put as a general hedge just in case 🤞</body></html>","htmlText":"<html><head></head><body>I opened <a href=\"https://ttm.financial/OPT/SPY 20240607 529.0 PUT\">$SPY 20240607 529.0 PUT$&nbsp;</a> ,📉 Observing market makers loading up on positive delta and negative gamma for the expiration term tmr. Furthermore, there are lots of negative gamma and positive vanna below 532. If price holds above 532 till tmr, then SPY should stay up. If not, strong bias to the downside till 529 (first intermediate significant price point to watch) and then till 527.5 (2nd point to watch). Overall, quite a blood bath if this happens! Opening this put as a general hedge just in case 🤞</body></html>","text":"I opened $SPY 20240607 529.0 PUT$ ,📉 Observing market makers loading up on positive delta and negative gamma for the expiration term tmr. Furthermore, there are lots of negative gamma and positive vanna below 532. If price holds above 532 till tmr, then SPY should stay up. If not, strong bias to the downside till 529 (first intermediate significant price point to watch) and then till 527.5 (2nd point to watch). Overall, quite a blood bath if this happens! Opening this put as a general hedge just in case 🤞","highlighted":1,"essential":1,"paper":1,"likeSize":238,"commentSize":8,"repostSize":111,"favoriteSize":0,"link":"https://ttm.financial/post/314063766466632","repostId":0,"isVote":1,"tweetType":1,"viewCount":10805,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SPY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":true,"orderData":{"uuid":"4121030739638162","orderId":"35231716569513984","kind":"TRADE","symbol":"SPY","secType":"OPT","symbolHtmlTag":"<a href=\"https://ttm.financial/OPT/SPY 20240607 529.0 PUT\">$SPY 20240607 529.0 PUT$&nbsp;</a>","symbolHtmlTagHref":"https://ttm.financial/OPT/SPY 20240607 529.0 PUT","symbolName":"SPY 20240607 529.0 PUT","market":"US","action":"BUY","currency":"USD","symbolLogo":"","showFilledQuantity":false,"nameCN":"SPDR S&P 500 ETF Trust","orderType":"LMT","right":"PUT","strike":"529.0","expiry":"20240607","filledQuantityFinal":1,"avgFillPrice":0.32,"createTime":1717695866,"filledQuantity":"1","filledQuantityScale":"0","openFlag":true,"side":"DEBIT","contractMajorDescription":"SPY PUT","contractExtraDescription":"20240607 529.0","legs":[],"completedFlag":true,"orderPnl":{"openRealizedPnlPercent":-1.0018}},"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":["订单分享帖"],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":394,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":314064096313480,"commentId":"314064096313480","gmtCreate":1717696244145,"gmtModify":1717696249025,"authorId":3559546385259983,"author":{"id":3559546385259983,"idStr":"3559546385259983","authorId":3559546385259983,"name":"Lord_Kuberan","avatar":"https://static.tigerbbs.com/9e82384ce5c6aef5201a6f95f219f3be","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Im just wondering, whats your rule of thumb to close your option position? ","text":"Im just wondering, whats your rule of thumb to close your option position? ","html":"Im just wondering, whats your rule of thumb to close your option position? ","likeSize":0,"commentSize":1,"subComments":[{"id":314067981627408,"commentId":"314067981627408","gmtCreate":1717697061638,"gmtModify":1717697066295,"authorId":4121030739638162,"author":{"id":4121030739638162,"idStr":"4121030739638162","authorId":4121030739638162,"name":"jace0777","avatar":"https://community-static.tradeup.com/news/ab091d01808735480e16e2dfd3a8a78f","vip":2,"currentWearingBadge":{"badgeId":"23f878ed27704312ae41c7f17e73b319-4","templateUuid":"23f878ed27704312ae41c7f17e73b319","name":"Annualised return","description":"Top 10%","bigImgUrl":"https://community-static.tradeup.com/news/15d4b5a89fa218ed3a35da1a05874cf6","smallImgUrl":"https://community-static.tradeup.com/news/16e2b28d75d7746886400fad4f4ec3e3","grayImgUrl":"https://community-static.tradeup.com/news/6f578d36f80e1a3d9c705f395e522048","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.22","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5300},"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":314064096313480,"supIdStr":"314064096313480","prevId":0,"prevIdStr":"0","content":"If SPY breaks below 532 - close 1 contract if SPY hits 529, and another when SPY hits 527.5. Close second contract at breakeven if not. If SPY stats above, let this expire","text":"If SPY breaks below 532 - close 1 contract if SPY hits 529, and another when SPY hits 527.5. Close second contract at breakeven if not. If SPY stats above, let this expire","html":"If SPY breaks below 532 - close 1 contract if SPY hits 529, and another when SPY hits 527.5. Close second contract at breakeven if not. If SPY stats above, let this expire"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":314264703680816,"commentId":"314264703680816","gmtCreate":1717745132548,"gmtModify":1717747139068,"authorId":9000000000000656,"author":{"id":9000000000000656,"idStr":"9000000000000656","authorId":9000000000000656,"name":"CecilFranklin","avatar":"https://static.tigerbbs.com/9fa4731ac634473d4f9e536afcd38ccc","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Wow, impressive analysis! You've got a keen eye on the market. Good luck with your hedge! 🤞","text":"Wow, impressive analysis! You've got a keen eye on the market. Good luck with your hedge! 🤞","html":"Wow, impressive analysis! You've got a keen eye on the market. Good luck with your hedge! 🤞","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":314276607426864,"commentId":"314276607426864","gmtCreate":1717759028142,"gmtModify":1717759032791,"authorId":4091884160412060,"author":{"id":4091884160412060,"idStr":"4091884160412060","authorId":4091884160412060,"name":"Aqa","avatar":"https://community-static.tradeup.com/news/4a899a6e247bc68815d3a2da3b82a81a","vip":1,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.21","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing.Good luck. Liked and shared. ","text":"Thanks for sharing.Good luck. Liked and shared. ","html":"Thanks for sharing.Good luck. Liked and shared. ","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":314323768504568,"commentId":"314323768504568","gmtCreate":1717770538185,"gmtModify":1717770541506,"authorId":4101085709242110,"author":{"id":4101085709242110,"idStr":"4101085709242110","authorId":4101085709242110,"name":"Davidpcm","avatar":"https://static.tigerbbs.com/6a5209f85c986e397bf363f076155625","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Sharing","text":"Sharing","html":"Sharing","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":314159951978552,"commentId":"314159951978552","gmtCreate":1717719681370,"gmtModify":1717719687247,"authorId":3571305152732730,"author":{"id":3571305152732730,"idStr":"3571305152732730","authorId":3571305152732730,"name":"Atwosome","avatar":"https://static.tigerbbs.com/2085a92415ef32924f70d916d490adce","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.31","exceedPercentage":"93.39%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Good","text":"Good","html":"Good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":314140537401640,"commentId":"314140537401640","gmtCreate":1717714770782,"gmtModify":1717714770782,"authorId":3581646737212013,"author":{"id":3581646737212013,"idStr":"3581646737212013","authorId":3581646737212013,"name":"梓坚","avatar":"https://static.tigerbbs.com/eeb309b0ecb2ca28e165cd45beb5ef73","vip":1,"hat":"https://static.tigerbbs.com/acebb9722806729a38c10fe7cde46b94","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"👍👍","text":"👍👍","html":"👍👍","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":314065028415576,"commentId":"314065028415576","gmtCreate":1717696342109,"gmtModify":1717696345471,"authorId":4156573848876002,"author":{"id":4156573848876002,"idStr":"4156573848876002","authorId":4156573848876002,"name":"Tom Chow","avatar":"https://community-static.tradeup.com/news/b85f5e5acfe3f789a38fe740b486781c","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314063766466632,"objectIdStr":"314063766466632","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"good","text":"good","html":"good","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}