S&P 500 to the MOON? My Take on This Wild Market Ride (and How to Maybe Profit!)

Bears vs. Bulls: Who's Ready to Rumble?

Okay chat let's talk stocks! So apparently the financial world is having a bit of a 'who's gonna win' showdown. We've got the bears all grumpy and expecting things to go south and the bulls hyped up and ready for the market to explode! Honestly it's like watching a really intense game of League but with more spreadsheets and less blaming the jungler. I'm seeing some analysts predicting a retest of the S&P 500's all time high. A market melt up they're calling it. Sounds kinda dramatic right? I'm always down for a bit of drama which is why I'm digging into the SPDR S&P 500 ETF Trust (SPY). It's bounced 21% since back in April. "Liberation Day," I'm coining it!

From Recession Fears to 'Hold My Beer'

Remember when everyone was freaking out about a recession? Like full on panic mode. Back in April when President Trump announced his trade tariff plans the internet went wild. People were screaming 'Black Monday!' and 'Hyper inflation!' Honestly it was like everyone forgot to take their chill pills. Even some analysts were slashing their S&P 500 price targets faster than I can finish a box of cookies. But like I said before 'Is this real life or is this just fantasy?'

I Was a Lonely Bull (But Now I'm Not!)

Okay full disclosure: I was kind of a lone wolf back then. I thought everyone was overreacting to what was probably just a negotiating tactic. You know like when I threaten to end stream if chat doesn't stop spamming the same emote? It's all for show people! Buying when SPY was at $481? Yeah my hands were sweaty and my palms were shaky. But when the VIX (that's the volatility index for all you non finance gurus) spikes above 50 that's when you buy not when it's chilling under 15! No matter how bad it feels to be buying.

The VIX Dropped Like My Subscriber Count After a DMCA Scare

Between April and May the VIX plummeted like crazy! It was the 3rd quickest drop ever which signaled a speedy return to market stability with the S&P 500 bouncing back faster than I can say 'simp'. All market moves are exaggerated these days both up and down! So get ready chat because I think the bears are about to have their nerves tested above 6,150 on the S&P 500 Index. Get that copium ready I'm just saying!

Options Options Everywhere (But Not a Drop to Overpay)

Speaking of timing options expiration is coming up this week and the markets are closed on Thursday for Juneteenth. Apparently this is a thing called the "option expiration week effect"! Big stocks with lots of options trading tend to do really well during these weeks. The VIX is tethered to 20 so options premium is less expensive but not cheap. That's why I'm thinking about buying a call spread. Selling that upside call will offset some of the cost. Ya feel me?

My (Maybe) Genius Trade (Don't Yell at Me If It Goes Wrong!)

Okay here's the trade. Remember this isn't financial advice I'm just a streamer who plays video games okay? Don't come crying to me if you lose all your money! The trade: * Bought the July 18 $605 SPY call for $8.30 * Sold the July 18 $620 SPY call for $2.65 This spread costs $5.65 or $565 per one lot spread when SPY was trading just above $600. Defining risk is critical after the bounce markets have seen since early April. Wish me luck chat! And remember don't invest more than you can afford to lose and for the love of all that is holy do your own research! Bye POKIMANE OUT!