Saturday Trades Friday Futures Update 10/25/2024 – Bubba Trading

Are you going to BUBBAPALOOZA 2024? Hurry Limited Seats Available. CLICK HERE for more info.

Saturday Trades Friday Update 10/25/2024

Markets higher, look for a spot to sell

Saturday Call registration, pregame starts at 9:00 EST
Password: 888848

Markets higher this morning, we are looking for levels to sell. There is news today, Durable Goods, and Consumer Sentiment. Either could cause a sell off, no matter the numbers, sell rallies.

Roll New SPY, QQQ, and IWM to Monday

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

Look to sell the calls today at some point

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

NEW TRADE

Sell 6 MES Futures – 5865
Buy to open 5 November 1st Calls 581 4.78

Sell 6 MNQ Futures – 20645
Buy to open 5 November 1st Calls 498 5.69

Bubba

Exercise and Assignment

Chat Room Link

New Trades

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

By Todd "Bubba" Horwitz|2024-10-25T13:25:31-04:00October 25, 2024|BAD, Sunday Night Options|Comments Off

About the Author: Todd "Bubba" Horwitz

For more than 36 years, Todd “Bubba” Horwitz has enjoyed a successful career in the financial industry. He began his profession in 1980 as was one of the original market makers in the SPX Trading Pit at the Chicago Board of Options Exchange. He has traded at all of the major exchanges in Chicago and is currently a member of the CBOT. In addition to his trading, for the past five years he has concentrated on writing, education, and a media career.

Thank you for visiting Bubba Trading. We use cookies to improve your experience during your sojourn, prior & future purchases, and all other interactions herein. Your continued use of the site constitutes your freely-given explicit consent to our company user policies and that you being of sound-mind understand the implications thereof. To find out more, read our privacy policy , general visitor terms of use, and/or the subscriber & customer terms of use. If you wish not to consent to said policies, you must leave the site immediately and are forbidden to return until such time as you opt to freely & explicitly consent to our aforementioned & hyperlinked policies.

Ok