Saturday Trades Thursday Update 10/24/2024

Markets trying to bounce

After yesterday’s sell off, markets are attempting a rally this morning. This rally will probably fail, it appears we are in sell the rally mode.

Roll New SPY, QQQ, and IWM to Friday

We closed the Futures side on Wednesday, locking in a solid profit.

Sell 6 MES Futures – 5865 – CLOSED
Buy to open 5 October 25th 585 3.30

Sell 6 MNQ Futures – 20475 – CLOSED
Buy to open 5 October 25th 495 4.00

Bubba


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OPEN TRADES

(Some of the call strikes could be different from what you are holding. I’m reflecting the rolls made on the open, some of you rolled again. This is a guide)

IWM – (26.68) (150.00 Credit Collected)
Short 1 October 21st 228 Call
Short 1 October 21st 224 Put
Long 2 December 20th 230 Call
Long 2 December 20th 222 Put

QQQ – (27.07) (150.00 Credit Collected)
Short 1 October 21st 500 Call
Short 1 October 21st 490 Put
Long 2 November 15th 505 Call
Long 2 November 15th 585 Put

SPY – (29.03) (250.00 Credit Collected)
Short 1 October 21st 585 Call
Short 1 October 21st 575 Put
Long 2 November 15th 587 Call
Long 2 November 15th 573 Put

SMCI- (10.35) (200.00 Credit Collected)
Short 1 October 25th 50 Call
Short 1 October 25th 44 Put
Long 2 November 15th 52 Call
Long 2 November 15th 42 Put

JPM- (18.06) (900.00 Credit Collected)
Short 1 October 25th 215 Call
Short 1 October 25th 205 Put
Long 1 November 15th 215 Call
Long 1 November 15th 225 Call
Long 2 November 15th 205 Put

GOOGL- (18.71) (800.00 Credit Collected)
Short 1 October 25th 170 Call
Short 1 October 25th 162.5 Put
Long 2 November 15th 170 Call
Long 2 November 15th 160 Put

AMZN- (26.04) (1000.00 Credit Collected)
Short 1 October 25th 192.5 Call
Short 1 October 25th 185 Put
Long 2 November 15th 195 Call
Long 2 November 15th 185 Put

SLV – (5.22) (800.00 Credit Collected)
Short 1 October 21st 28 Call
Short 1 October 21st 28 Put
Long 1 November 15th 29 Call
Long 1 November 15th 31 Call
Long 1 November 15th 27 Put
Long 1 November 15th 25 Put