Markets are mixed on light volume indicating the rally could continue. We will Roll our SPY to Monday, let the IWM strangle expire holding next weeks strangle and roll QQQ to next week.

We will also deal with the One Day wonder trade. If you did not enter the trade yesterday, cancel and do not enter today 

Saturday Call Recording: 2019-01-05 Saturday Call Recording

Open Positions 

NVDA – One Day Wonder Trade
Short 1 January 11th 142 Put
Long 1 January 18th 146 Put

QQQ – Long 2 February 15th 160/145 Strangles
Short 2 January 11th 158/147 Strangles

SPY – Long 2 January 18th 262/248 Strangles
Short 2 JANUARY 11th 260/250 Strangles

IWM – Long 2 January 18th 147/133 Strangles
Short 2 January 11th 145/135