Saturday Trades Monday Futures Update 11/25/2024

Futures Update

On our Futures/Options trades we are going to reverse the YM trade. Short Futures, Long Calls.

If you are not in the MES and MNQ you can put them on Now.

Markets are higher this morning, they have been basically flat since they opened last night. They are at the point where they breakout to new highs, or fail.

This is a holiday week and volume is light. Be patient and look for opportunity to sell. We expect some reversion to the mean

Roll SPY, IWM, and QQQ to Tuesday

 

Futures Options Trades – Open Position

We will update these later this morning

Sell 6 MES Futures – 5987
Buy to open 5 November 29th 595 Call 360

Sell 6 MNQ Futures – 20849
Buy to open 5 November 29th 506 Calls 3.80

Buy 6 MGC Futures – 2712
Buy to open 5 GLD ATM November 29th 250 Puts 1.79

Buy 6 MYM Futures – 44395
Buy to open 5 DIA ATM November 29th Puts 1.90

Bubba


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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)

SLV – (6.58) (50.00 Credit Collected)
Short 1 November 25th 27.5 Call
Short 1 November 25th 27.5 Put
Long 2 March 21st 28 Call
Long 2 March 21st 28 Put

DIA – (14.98) (250.00 Credit Collected)
Short 1 November 29th 438 Call
Short 1 November 29th 432 Put
Long 2 December 20th 440 Call
Long 2 December 20th 430 Put

SPY – (28.77) (1600.00 Credit Collected)
Short 1 November 25th 601 Call
Short 1 November 25th 595 Put
Long 2 December 20th 603 Call
Long 1 December 20th 593 Put
Long 1 December 20th 585 Put

QQQ – (33.41) (1600.00 Credit Collected)
Short 1 November 25th 518 Call
Short 1 November 25th 507 Put
Long 2 December 20th 520 Call
Long 1 December 20th 505 Put
Long 1 December 20th 495 Put

AAPL – (13.71) (750.00 Credit Collected)
Short 1 November 29th 240 Call
Short 1 November 29th 222.5 Put
Long 2 December 20th 245 Call
Long 2 December 20th 220 Put

IWM – (26.68) (2700.00 Credit Collected)
Short 1 November 25th 228 Call
Short 1 November 25th 224 Put
Long 1 December 20th 230 Call
Long 1 December 20th 243 Call
Long 1 December 20th 222 Put
Long 1 December 20th 218 Put