Author believes SPY at 695 is disconnected from negative geopolitical news and bought puts.
SPY — SHORT The author argues that SPY trading at 695 is a 'complete joke' given serious negative events (Iran protests, Powell investigation, Iran threatening retaliation, Greenland takeover debate) that the market is ignoring. They see this disconnect as unsustainable and bought puts on SPY expecting a decline. No specific timeframe is given.
Market’s absolutely is a scam Iran protest people are dying left to right, U-Hauls flipping over, Powell getting investigated, Iran threatening retaliation, Mango seriously debating a Greenland takeover… and SPY’s sitting at 695. This is a complete joke.
Yeah… I’m very salty. i obv bought puts lol
This Reddit post, published January 12, 2026, features u/Material_Actuary_332 discussing SPY. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Material_Actuary_332 · Tickers: SPY