Saturday Trades Friday Update 1/10/2025 – Bubba Trading

Saturday Trades Friday Update 1/10/2025

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

Today is all about the Jobs Number

Markets are quietly lower this morning. But today is all about the jobs number. Gold and Crude are popping, while the indexes are coming back from lows they made yesterday.

Both new trades we made this week, filled. Roll JPM to next Friday if not already done, use the midpoint.

Roll SPY, both IWM, and QQQ to Monday

Futures Options Trades – Close this trade today, I would use a 2701 stop on the futures.

Buy 6 MGC February Futures – 2665
Buy to open 5 GLD January 10th 244 Puts

We will have new trades for the futures/options tomorrow

Bubba

Exercise and Assignment

Chat Room Link

New Trades

IWM

JPM

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 – (14.31) (1100.00 Credit Collected)
Short 1 January 6th 236 Call
Short 1 January 6th 231 Put
Long 2 January 17th 238 Call
Long 1 January 17th 229 Put
Long 1 January 17th 218 Put

SPY- (2030.00) (1800.00 Credit Collected)
Short 1 January 6th 609 Call
Short 1 January 6th 600 Put
Long 2 January 24th 611 Call
Long 1 January 24th 600 Put
Long 1 January 24th 580 Put

QQQ- (29.62) (2300.00 Credit Collected)
Short 1 January 6th 542 Call
Short 1 January 6th 530 Put
Long 2 January 24th 544 Call
Long 1 January 24th 528 Put
Long 1 January 24th 505 Put

SLV – (6.58) (500.00 Credit Collected)
Short 1 January 6th 27.5 Call
Short 1 January 6th 27.5 Put
Long 2 March 21st 28 Call
Long 1 March 21st 28 Put
Long 1 March 21st 27 Put

By Todd "Bubba" Horwitz|2025-01-10T08:54:45-05:00January 10, 2025|BAD, Sunday Night Options|0 Comments

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.

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