Saturday Trades Monday Update 2/24/2025

Markets higher – This should be a selling opportunity

Markets are running higher this morning, this should be a selling opportunity. Remember, markets are still in consolidation.

This is not a time to be aggressive, this is the time to pick your spots. New trades are good as written. If you held the calls from the MNQ/QQQ trade, you may want to sell them into this rally.

Roll SPY to Tuesday

 

Futures/Options trades –

Sell 6 MES Futures 6067
Buy 5 ATM February 28th SPY 600 Calls 5.00

Sell 6 MYM Futures Trading 44700
Buy 5 ATM February 28th DIA 434 Calls 3.75

Sell 6 MGC Futures 2857
Buy 5 ATM February 28th GLD 271 Calls 2.00

Sell 6 MNQ 22261Closed +4000
Buy 5 QQQ 540 Calls for February 28th 6.50

 

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)

GOOGL – (12.88) (1300.00 Credit Collected)
Short 1 February 28th 210 Call
Short 1 February 28th 200 Put
Long 2 March 21st 215 Call
Long 1 March 21st 200 Put
Long 1 March 21st 180 Put

SPY – (23.82) (550.00 Credit Collected)
Short 1 February 24th 614 Call
Short 1 February 24th 605 Put
Long 2 March 21st 616 Call
Long 1 March 21st 605 Put
Long 1 March 21st 600 Put

MARA – (11.48) (230.00 Credit Collected)
Short 1 February 28th 18 Call
Short 1 February 28th 16 Put
Long 2 June 20th 18 Call
Long 1 June 20th 16 Put
Long 1 June 20th 14 Put

NVDA – (26.16) (680.00 Credit Collected)
Short 1 February 21st 135 Call
Short 1 February 21st 125 Put
Long 2 March 21st 138 Call
Long 2 March 21st 122 Put

DKNG – (6.02) (700.00 Credit Collected)
Short 1 February 21st 43 Call
Short 1 February 21st 41 Put
Long 1 March 21st 45 Call
Long 1 March 21st 55 Call
Long 2 March 21st 39 Put

SLV – (6.58) (1100.00 Credit Collected)
Short 1 February 18th 27.5 Call
Short 1 February 18th 27.5 Put
Long 1 March 21st 28 Call
Long 1 March 21st 31 Call
Long 1 March 21st 28 Put
Long 1 March 21st 27 Put