Saturday Trades Tuesday Update 1/21/2025 – Bubba Trading

Saturday Trades Tuesday Update 1/21/2025

Markets rally, every dip has been met with buyers

Markets have been a little volatile the last 24 hours, Trump speaks and the markets move. Overnight they were down , up, down and now higher. They are getting closer to being overbought and a sell.

New trade good as written

Roll IWM to Wednesday

Futures/Options trades

Sell 6 MES Futures 6000 –
Buy 5 ATM Jan 24 SPY Puts 593 Calls 5.00

Sell 6 MNQ Futures around 21540
Buy 5 ATM Jan 24 QQQ ATM Calls

Bubba

Exercise and Assignment

Chat Room Link

New Trades

SPY

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) (600.00 Credit Collected)
Short 1 January 21st 221 Call
Short 1 January 21st 217 Put
Long 1 February 21st 223 Call
Long 1 February 21st 227 Call
Long 2 February 21st 215 Put

JPM – (21.25) (1400.00 Credit Collected)
Short 1 January 17th 247.5 Call
Short 1 January 17th 242.5 Put
Long 1 February 21st 250 Call
Long 1 February 21st 260 Call
Long 2 February 21st 240 Put

QQQ- (29.62) (3200.00 Credit Collected)
Short 1 January 21st 542 Call
Short 1 January 21st 530 Put
Long 2 January 24th 544 Call
Long 1 January 24th 528 Put

SLV – (6.58) (550.00 Credit Collected)
Short 1 January 21st 27.5 Call
Short 1 January 21st 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|2025-01-21T09:28:53-05:00January 21, 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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