Saturday Trades Friday Futures/Option Update 1/17/2025 – Bubba Trading

Saturday Trades Friday Futures/Option Update 1/17/2025

Markets Higher – Volatility falling, what’s next?

Saturday Call registration, pregame starts at 9:00 EST
Password: 888848

Sell 6 MNQ Futures around 21540 (anywhere around there good)-
Buy 5 ATM Jan 24 QQQ ATM Calls

Markets higher this morning, the VIX is falling which could allow the rally to continue. With the markets closed Monday, today could be slow.

We have expiring trades today, SPY, QQQ, and one of the IWM trades. Dell the rest of the extra calls if they have value

Roll IWM to Monday

NEW TRADES Futures/Options –

On the Futures/Options trades that we own the options only, sell them today for whatever value you can, if any.

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

Buy 5 ATM Jan 17 QQQ 502 Puts 5.80

Buy 5 ATM Jan 17 GLD 247 Puts 1.70

Bubba

Exercise and Assignment

Chat Room Link

New Trades

BA

AMZN

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) (100.00 Credit Collected)
Short 1 January 13th 221 Call
Short 1 January 13th 217 Put
Long 2 February 21st 223 Call
Long 2 February 21st 215 Put

JPM – (21.25) (600.00 Credit Collected)
Short 1 January 17th 247.5 Call
Short 1 January 17th 242.5 Put
Long 2 February 21st 250 Call
Long 2 February 21st 240 Put

IWM – (14.31) (1700.00 Credit Collected)
Short 1 January 13th 236 Call
Short 1 January 13th 231 Put
Long 2 January 17th 238 Call
Long 1 January 17th 229 Put

SPY- (2030.00) (2300.00 Credit Collected)
Short 1 January 13th 609 Call
Short 1 January 13th 600 Put
Long 2 January 24th 611 Call
Long 1 January 24th 600 Put

QQQ- (29.62) (3200.00 Credit Collected)
Short 1 January 13th 542 Call
Short 1 January 13th 530 Put
Long 2 January 24th 544 Call
Long 1 January 24th 528 Put

SLV – (6.58) (550.00 Credit Collected)
Short 1 January 13th 27.5 Call
Short 1 January 13th 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|2025-01-17T10:29:55-05:00January 17, 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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