Saturday Trades Friday VXX Update 11/15/2024 – Bubba Trading

Are you going to BUBBAPALOOZA 2024? Hurry Limited Seats Available. CLICK HERE for more info.

Saturday Trades Friday VXX Update 11/15/2024

VXX Update

Close the expiring VXX Long call and short Put only, right now a .58 Credit

See the new order in New orders

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

Markets got hammered Thursday and are lower again this morning. The only issue is the Volatility is not participating. If the selling continues today we could see a pop in volatility.

Hopefully you dumped all the extra calls on Thursday as recommended. Our VXX trade is still in position to make money, either way we will roll it to next week, I will send the order after the open.

Roll New SPY, QQQ, and IWM to Friday

Futures Options Trades – We will roll calls to next week

Sell 6 MES Futures – 5910
Buy to open 5 November 15th 587 Calls 5.93 Should have 600 call with approx. 500.00 profit on the calls

Buy the At the money Calls for November 22 around Noon today, we will hold the futures short

Sell 6 MNQ Futures – 20680
Buy to open 5 November 15th 500 Calls 6.75 Should have 515 call with approx. 500.00 profit on the calls

Buy the At the money Calls for November 22 around Noon today, we will hold the futures short

Exercise and Assignment

Chat Room Link

New Trades

VXX

QQQ

SPY

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)

AAPL – (13.71) (500.00 Credit Collected)
Short 1 November 15th 240 Call
Short 1 November 15th 222.5 Put
Long 2 December 20th 245 Call
Long 2 December 20th 220 Put

IWM – (26.68) (2100.00 Credit Collected)
Short 1 November 11th 228 Call
Short 1 November 11th 224 Put
Long 1 December 20th 230 Call
Long 1 December 20th 238 Call
Long 1 December 20th 222 Put
Long 1 December 20th 218 Put

QQQ – (27.07) (2200.00 Credit Collected)
Short 1 November 11th 500 Call
Short 1 November 11th 490 Put
Long 1 November 15th 505 Call
Long 1 November 15th 515 Call
Long 2 November 15th 485 Put

SPY – (29.03) (2500.00 Credit Collected)
Short 1 November 11th 585 Call
Short 1 November 11th 575 Put
Long 1 November 15th 587 Call
Long 1 November 15th 600 Call
Long 1 November 15th 573 Put
Long 1 November 15th 568 Put

SMCI- (10.35) (2200.00 Credit Collected)
Short 1 November 15th 50 Call
Short 1 November 15th 44 Put
Long 2 November 15th 52 Call
Long 1 November 15th 42 Put

JPM- (18.06) (2300.00 Credit Collected)
Short 1 November 15th 215 Call
Short 1 November 15th 205 Put
Long 1 November 15th 215 Call
Long 1 November 15th 245 Call
Long 2 November 15th 205 Put

GOOGL- (18.71) (2500.00 Credit Collected)
Short 1 November 15th 170 Call
Short 1 November 15th 162.5 Put
Long 1 November 15th 170 Call
Long 2 November 15th 160 Put

AMZN- (26.04) (3000.00 Credit Collected)
Short 1 November 15th 192.5 Call
Short 1 November 15th 185 Put
Long 1 November 15th 195 Call
Long 1 November 15th 215 Call
Long 2 November 15th 185 Put

SLV – (5.22) (1000.00 Credit Collected)
Short 1 November 11th 28 Call
Short 1 November 11th 28 Put
Long 1 November 15th 29 Call
Long 1 November 15th 31 Call
Long 1 November 15th 27 Put
Long 1 November 15th 25 Put

By Todd "Bubba" Horwitz|2024-11-15T10:32:28-05:00November 15, 2024|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.

Leave A Comment Cancel reply

You must be logged in to post a comment.

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