Saturday Trades Tuesday Update 3/11/2025

Monday’s beatdown being met with buyers this morning

Monday was a major beatdown, one of the biggest sell offs we have seen in quite awhile. The VIX popped but volume was light especially for the amount of selling that took place

Markets are all at or below their 200 day moving average. This market will be defined over the next couple of days, the bears will take charge and hammer below the 200 day, or the bulls will bring them back.

It appears the bears are in charge, however we do expect a big rally either way. We did not add any ratio trades on Monday with the IV exploding, many of you know I tried to leg the MNQ and have the trade on for 500.00 more than I should

We will look at them today if the IV comes in a little

Roll SPY, IWM, and QQQ to Wednesday

 

Futures/Options trades – New trades

Buy 6 MES Futures –
Buy 5 March 14th SPY ATM Puts

Sell 6 MGC Futures
Buy 5 ATM March 14th GLD

 

Bubba

Exercise and Assignment

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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)

QQQ – (27.42) (3600.00 Credit Collected)
Short 1 March 10th 532 Call
Short 1 March 10th 520 Put
Long 2 March 21st 535 Call
Long 1 March 21st 520 Put

IWM- (10.58) (1200.00 Credit Collected)
Short 1 March 10th 221 Call
Short 1 March 10th 215 Put
Long 2 March 21st 223 Call
Long 1 March 21st 213 Put

GOOGL – (12.88) (2800.00 Credit Collected)
Short 1 March 14th 210 Call
Short 1 March 14th 200 Put
Long 2 March 21st 215 Call
Long 1 March 21st 200 Put

SPY – (23.82) (3000.00 Credit Collected)
Short 1 March 10th 614 Call
Short 1 March 10th 605 Put
Long 2 March 21st 616 Call
Long 1 March 21st 605 Put

MARA – (11.48) (730.00 Credit Collected)
Short 1 March 14th 18 Call
Short 1 March 14th 16 Put
Long 2 June 20th 18 Call
Long 1 June 20th 16 Put
Long 1 June 20th 12 Put

NVDA – (26.16) (2980.00 Credit Collected)
Short 1 March 14th 135 Call
Short 1 March 13th 125 Put
Long 2 March 21st 138 Call
Long 1 March 21st 122 Put

DKNG – (6.02) (1100.00 Credit Collected)
Short 1 March 14th 43 Call
Short 1 March 14th 41 Put
Long 1 March 21st 45 Call
Long 1 March 21st 55 Call
Long 1 March 21st 39 Put
Long 1 March 21st 36 Put

SLV – (6.58) (1500.00 Credit Collected)
Short 1 March 10th 27.5 Call
Short 1 March 10th 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