Saturday Trades and Recording 12/30/2023 – Bubba Trading

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Saturday Trades and Recording 12/30/2023

Great call today – Covered a lot Listen to recording

We had a great call today, we covered a lot of ground. We had a variation of our normal Saturday call and covered some changes we will be making for 2024.

Don’t worry if you are new to options, we will get you up to speed. We are educators and want to make sure you understand everything we do.

The call is broken into two parts. Part one was options and part two the model portfolios. Please take the time to listen, it’s to your benefit

Many have emailed and asked for a link to sign up, I will send next week.

Rolls (only dreams right now)

GS – Buy to close 1 January 5th 355/345 Strangle/ Sell to open 1 January 12th 355/345 Strangle Credit 1.00

JPM – Buy to close 1 January 5th 160/155 Strangle/ Sell to open 1 January 12th 160/155 Strangle Credit 1.00

CHWY – Buy to close 1 January 5th 18 Straddle/ Sell to open 1 January 12th 18 Straddle Credit .50

TSLA – Buy to close 1 January 5th 255/225 Strangle/ Sell to open 1 January 12th 255/225 Strangle Credit 3.00

MU – Buy to close 1 January 5th 76 Straddle/ Sell to open 1 January 12th 76 Straddle Credit .50

NVDA – Buy to close 1 January 5th 500/450 Strangle/ Sell to open 1 January 12th 500/450 Strangle Credit 4.50

AAPL – Buy to close 1 January 5th 192.5/187.5 Strangle/ Sell to open 1 January 12th 192.5/187.5 Strangle Credit 1.50

AMZN – Buy to close 1 January 5th 149/145 Strangle/ Sell to open 1 January 12th 149/145 Strangle Credit 1.50

Exercise and Assignment

Chat Room Link

New Trades

ROKU

GOOGL

FSLR

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 – (17.36) (600.00 Credit Collected)
Short 1 January 2nd 410.78 Call
Short 1 January 2nd 404.78 Put
Long 2 January 19th 413 Call
Long 2 January 19th 403 Put

IWM – (8.75) (550.00 Credit Collected)
Short 1 January 2nd 200 Call
Short 1 January 2nd 194 Put
Long 1 January 19th 202 Call
Long 1 January 19th 205 Call
Long 2 January 19th 192 Put

GS – (12.04) (180.00 Credit Collected)
Short 1 January 5th 355 Call
Short 1 January 5th 345 Put
Long 1 January 19th 355 Call
Long 1 January 19th 345 Put

JPM – (4.50) (120.00 Credit Collected)
Short 1 January 5th 160 Call
Short 1 January 5th 155 Put
Long 1 January 19th 160 Call
Long 1 January 19th 155 Put

TSLA – (15.70) (1280.00 Credit Collected)
Short 1 January 5th 255 Call
Short 1 January 5th 225 Put
Long 1 January 19th 255 Call
Long 1 January 19th 225 Put

CHWY – (5.41) (580.00 Credit Collected)
Short 1 January 5th 18 Call
Short 1 January 5th 18 Put
Long 1 January 19th 17.5 Call
Long 1 January 19th 25 Call
Long 2 January 19th 17.5 Put

MU – (9.57) (900.00 Credit Collected)
Short 1 January 5th 76 Call
Short 1 January 5th 76 Put
Long 1 January 19th 77.5 Call
Long 1 January 19th 88 Call
Long 2 January 19th 75 Put

AMZN – (15.27) (950.00 Credit Collected)
Short 1 January 5th 149 Call
Short 1 January 5th 145 Put
Long 1 January 19th 150 Call
Long 1 January 19th 155 Call
Long 2 January 19th 145 Put

NVDA – (10.14) (2276.00 Credit Collected)
Short 1 January 5th 500 Call
Short 1 January 5th 450 Put
Long 1 January 19th 510 Call
Long 1 January 19th 440 Put

AAPL – (10.14) (1050.00 Credit Collected)
Short 1 January 5th 192.5 Call
Short 1 January 5th 187.5 Put
Long 1 January 19th 195 Call
Long 1 January 19th 200 Call
Long 2 January 19th 185 Put

By Todd "Bubba" Horwitz|2023-12-31T09:12:36-05:00December 31, 2023|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.

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