Saturday Trades Wednesday Update 3/5/2025 – Bubba Trading

Saturday Trades Wednesday Update 3/5/2025

Markets higher after Tuesday Turnaround

Markets did as expected on Tuesday with a huge recovery off the lows. We are now back to looking for a spot to sell the rally. We expect this rally to continue until resistance.

We added the ratio spreads on the MES and MNQ, the MNQ already cashed as a winner. The MES should be able to rally enough to get us out as well. for now we are sellers at 6000 MES

Roll SPY, IWM, and QQQ to Thursday

Futures/Options trades – New trades

Buy 6 MES Futures –
Buy 5 March 7th SPY ATM Puts

Buy 6 MNQ Futures – CLOSED
Buy 5 March 7th QQQ ATM Puts

Sell 6 MGC Futures 2857
Buy 5 ATM March 7th GLD

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)

QQQ – (27.42) (1700.00 Credit Collected)
Short 1 March 3rd 532 Call
Short 1 March 3rd 520 Put
Long 2 March 21st 535 Call
Long 1 March 21st 520 Put
Long 1 March 21st 497 Put

IWM- (10.58) (450.00 Credit Collected)
Short 1 March 3rd 221 Call
Short 1 March 3rd 215 Put
Long 2 March 21st 223 Call
Long 1 March 21st 213 Put
Long 1 March 21st 210 Put

GOOGL – (12.88) (2300.00 Credit Collected)
Short 1 March 7th 210 Call
Short 1 March 7th 200 Put
Long 2 March 21st 215 Call
Long 1 March 21st 200 Put
Long 1 March 21st 165 Put

SPY – (23.82) (1800.00 Credit Collected)
Short 1 March 3rd 614 Call
Short 1 March 3rd 605 Put
Long 2 March 21st 616 Call
Long 1 March 21st 605 Put
Long 1 March 21st 582 Put

MARA – (11.48) (530.00 Credit Collected)
Short 1 March 7th 18 Call
Short 1 March 7th 16 Put
Long 2 June 20th 18 Call
Long 1 June 20th 16 Put
Long 1 June 20th 12 Put

NVDA – (26.16) (1880.00 Credit Collected)
Short 1 March 7th 135 Call
Short 1 March 7th 125 Put
Long 2 March 21st 138 Call
Long 2 March 21st 116 Put

DKNG – (6.02) (800.00 Credit Collected)
Short 1 March 7th 43 Call
Short 1 March 7th 41 Put
Long 1 March 21st 45 Call
Long 1 March 21st 55 Call
Long 2 March 21st 39 Put

SLV – (6.58) (1400.00 Credit Collected)
Short 1 March 3rd 27.5 Call
Short 1 March 3rd 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

By Todd "Bubba" Horwitz|2025-03-05T09:15:32-05:00March 5, 2025|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