Saturday Trades Monday Update 1/13/2025 – Bubba Trading

Saturday Trades Monday Update 1/13/2025

Markets under pressure – Beware of the bounce

Markets are under pressure this morning, beware of the big bounce coming. It could be today, tomorrow but its coming. VIX is popping 10% which is consistent with market action.

Look for some extremely oversold markets or stocks because they will be the first to bounce. It would not surprise me if the markets came back today.

New Trades good as written

Roll SPY, both IWM, and QQQ to Tuesday

We will look at the Futures/Options trades later this morning

Bubba

Exercise and Assignment

Chat Room Link

New Trades

BA

AMZN

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 – (18.02) (100.00 Credit Collected)
Short 1 January 13th 221 Call
Short 1 January 13th 217 Put
Long 2 February 21st 223 Call
Long 2 February 21st 215 Put

JPM – (21.25) (600.00 Credit Collected)
Short 1 January 17th 247.5 Call
Short 1 January 17th 242.5 Put
Long 2 February 21st 250 Call
Long 2 February 21st 240 Put

IWM – (14.31) (1700.00 Credit Collected)
Short 1 January 13th 236 Call
Short 1 January 13th 231 Put
Long 2 January 17th 238 Call
Long 1 January 17th 229 Put

SPY- (2030.00) (2300.00 Credit Collected)
Short 1 January 13th 609 Call
Short 1 January 13th 600 Put
Long 2 January 24th 611 Call
Long 1 January 24th 600 Put

QQQ- (29.62) (3200.00 Credit Collected)
Short 1 January 13th 542 Call
Short 1 January 13th 530 Put
Long 2 January 24th 544 Call
Long 1 January 24th 528 Put

SLV – (6.58) (550.00 Credit Collected)
Short 1 January 13th 27.5 Call
Short 1 January 13th 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|2025-01-13T09:26:54-05:00January 13, 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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