Almost 2 Years Ago
3 Min Read

Trending on Reddit over the last hour: COIN, TSLA, and GME



The last hour has seen a surge in chatter around SPY, TSLA, and GME.
 
Let's start with SPY, which has the most hype. Here's what they're saying:

Zdardle - 10 upvotes - source
SPY dropped 3% in seconds at open and we are acting like CPI had no impact lol, market never stays on easy mode

Zachincool - 8 upvotes - source
SPY pumped from -1.4% to -1.1% and the bulls are like "HAHA BEARS R FUK!!!"

TOOOVERPOWERED - 8 upvotes - source
If this doensn't send SPY down, I really don't know what will..

SPICYLEMONBUM69 - 8 upvotes - source
If SPY goes to 372 today I’ll let a homeless man eat my ass behind Wendy’s

wormtheology - 7 upvotes - source
Haha go fuck yourself, SPY.

MasterChiefX - 7 upvotes - source
SPY what the fuck

Powerful_Mission_655 - 7 upvotes - source
Spy and Tesla just wont die

Adda717 - 6 upvotes - source
Imagine being a bull and talking shit after SPY already dropped 1%...

Hammered_Time - 6 upvotes - source
SPY going green today would be hilarious

bearhunter429 - 6 upvotes - source
We are CRASHING just as I expected. There is no way SPY stays above $300 by the end of the year. It is headed into $200s.

There was a lot of talk around TSLA too. Here are the top comments:

Night_hawq - 11 upvotes - source
The TSLA rug pull is going to wipe everything out

lostindasauces - 10 upvotes - source
7% swing on TSLA in 1 hour. Fucking beautiful.

EvaUnit343 - 9 upvotes - source
I don’t understand TSLA. I just don’t. Fuck this shit to hell.

wincrypton - 8 upvotes - source
TSLA buyers are some special kind of retarded. It’s up 35 from an hour ago

KrushRock - 8 upvotes - source
TSLA makes zero fucking sense

Night_hawq - 8 upvotes - source
Waiting for the TSLA rug pull 🍿

nailattack - 7 upvotes - source
How many of you holding TSLA puts got excited premarket 😂😂😂

PrideTyphoon - 7 upvotes - source
Jeez man tsla puts on open were a port killer feel legit bad

sloanemonroe - 7 upvotes - source
I had no idea that tsla will sell more cars during a global recession. Cool man, cool.

lordbell21 - 6 upvotes - source
Selling my TSLA hedge puts at open was an amazing decision. Jesus.

GME is the last stonk in focus:

dvdr1029 - 4 upvotes - source
I WANT GME $200

MrSengh - 4 upvotes - source
GME fly baby 🚀

okwhoqueefed - 4 upvotes - source
Fuck it, I’m buying more GME.

OB1KENOB - 3 upvotes - source
GME $$

Runster91 - 2 upvotes - source
Buying slightly OTM GME calls after that morning dip feels like cheating. Sold too early yesterday, but was still 100%.

tommygunz007 - 2 upvotes - source
GME can't hold over 140 for an hour or the globe collapses.

thisonelife83 - 1 upvotes - source
GME is bussin’

EatMeatPeeps - 1 upvotes - source
GME NOK BB all up……… classic

DefinitionFeeling - 0 upvotes - source
Did you see that 140 GME? ![img](emote|t5_2th52|4276) Downvoted for being too bullish 🤣 cry now 🌈🐻. Took some profits from your 🌈 plays 💸💸

ssaxamaphone - 0 upvotes - source
$GME is the only safe market hedge

QQQ is in the center of attention on Reddit as well:

clampie - 4 upvotes - source
QQQ green! Recession canceled.

EnginrA - 4 upvotes - source
QQQ really going green this is unbelievable

notpaultx - 3 upvotes - source
Missed selling all my QQQ puts at the open, but at least i wasnt greedy enough to hold them all day. Small gains are still gains!

crispytendies101 - 3 upvotes - source
LOL! QQQ went green. You gotta love it.

Gandalftron - 2 upvotes - source
Well played. I am still riding a bunch of QQQ Aug/Sept puts that I bought last week. Closed 70% of them this morning at open. Riding the rest in hopes of a grand slam.

CaaCCeo - 2 upvotes - source
Loaded up on spy 380p 8/15 and 2 qqq 285p 7/20

devnah721 - 2 upvotes - source
Anticipation of Fed rate hikes, pushing down longer term rates lol.... The idea is they create a recession, and then have to backtrack. So bad its good...for tech (and look...QQQ is green).

kidicaru59 - 2 upvotes - source
Fed quiet period starts this Saturday 7/16 ([https://www.stlouisfed.org/about-us/resources/blackout-periods](https://www.stlouisfed.org/about-us/resources/blackout-periods)) ahead of its 7/26-7/27 meeting. Definitely JP or some other Fed official will come out sometime tomorrow through Friday and say 100bps is on the table, and QQQ will tank. Buy short-dated QQQ puts now and sell on Monday. Or hold through Fed meeting.

fickdichdock - 2 upvotes - source
QQQ 2 months ago 291 QQQ 1 month ago 282 now: 286 you're only getting fucked by the theta gods if you buy puts into that noise

Bin_Jin - 2 upvotes - source
Interesting how vol is actually high for SPY and QQQ. Are algos just straight buying at these prices?

COIN is in focus on Reddit too:

twostroke1 - 6 upvotes - source
Even if you won any money today, imagine thinking you were smart in any way shape or form and weren’t entirely lucky that your coin flip hit. ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)

BentoMan - 3 upvotes - source
Never play CPI. Never play Fed meetings. It’s this game of “priced in!” and “not priced in??” where market makers flip a coin.

Phaeax - 2 upvotes - source
Reddit is really selling Avatars for 9.99 to 99.99 usd. wtf. who is buying that shit coin

comancheranche - 1 upvotes - source
If COIN can end green that would be nice so I can reload puts lol

DaySwingTrade - 1 upvotes - source
See, options trading was found in 1973 so “investors” can use it as a hedge against their stocks. You lads are trying to use it to make profit. Long term puts are the best thing you can do to your portfolio as a HEDGE. Flipping a coin and guess where it’s gonna land is not. Doesn’t matter how long the coin stays in the air flipping.