Saturday Trades Tuesday Update 2/18/2025

Markets quietly higher, FOMC tomorrow 

Markets quietly higher, FOMC tomorrow. It seems we are always waiting for some news item to break these markets out of congestion.

Although the rally continues, the action suggests this is not a healthy market. We have open positions and will be patient before getting aggressive.

New trades good as written, we will look at a MNQ/ QQQ trade after the open

Roll IWM, QQQ, and SPY, to Wednesday

 

Futures/Options trades –

Sell 6 MES Futures 6067
Buy 5 ATM February 21st SPY 610 Calls 3.17

Sell 6 MYM Futures Trading 44700
Buy 5 ATM February 21st DIA 446 Calls 2.00

Sell 6 MGC Futures 2857
Buy 5 ATM February 21st GLD 266 Calls 2.35

MGC – -2580 +
MES – 1960 SPY ++
MYM – +180 – DIA calls +

Bubba


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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)

NVDA – (26.16) (680.00 Credit Collected)
Short 1 February 21st 135 Call
Short 1 February 21st 125 Put
Long 2 March 21st 138 Call
Long 2 March 21st 122 Put

DKNG – (6.02) (700.00 Credit Collected)
Short 1 February 21st 43 Call
Short 1 February 21st 41 Put
Long 1 March 21st 45 Call
Long 1 March 21st 55 Call
Long 2 March 21st 39 Put

QQQ – (18.41) (1700.00 Credit Collected)
Short 1 February 18th 530 Call
Short 1 February 18th 514 Put
Long 1 February 21st 532 Call
Long 1 February 21st 539 Call
Long 2 February 21st 512 Put

BA – (18.63) (1900.00 Credit Collected)
Short 1 February 21st 177.5 Call
Short 1 February 21st 167.5 Put
Long 1 February 21st 180 Call
Long 1 February 21st 190 Call
Long 2 February 21st 165 Put

AMZN – (19.96) (2600.00 Credit Collected)
Short 1 February 21st 225 Call
Short 1 February 21st 210 Put
Long 1 February 21st 230 Call
Long 1 February 21st 240 Call
Long 2 February 21st 205 Put

SPY – (23.48) (2000.00 Credit Collected)
Short 1 February 18th 603 Call
Short 1 February 18th 593 Put
Long 1 February 21st 605 Call
Long 1 February 21st 611 Call
Long 2 February 21st 591 Put

IWM – (18.02) (2000.00 Credit Collected)
Short 1 February 18th 221 Call
Short 1 February 18th 217 Put
Long 1 February 21st 223 Call
Long 1 February 21st 230 Call
Long 2 February 21st 215 Put

JPM – (21.25) (2340.00 Credit Collected)
Short 1 February 21st 247.5 Call
Short 1 February 21st 242.5 Put
Long 1 February 21st 250 Call
Long 2 February 21st 240 Put

SLV – (6.58) (1100.00 Credit Collected)
Short 1 February 18th 27.5 Call
Short 1 February 18th 27.5 Put
Long 1 March 21st 28 Call
Long 1 March 21st 31 Call
Long 1 March 21st 28 Put
Long 1 March 21st 27 Put