Saturday Trades Monday Update 2/3/2025 – Bubba Trading

Saturday Trades Monday Update 2/3/2025

Another Monday, another beatdown

Another Monday, another beatdown, markets getting hammered. The pressure is on, although the markets have cut their losses. It appears that markets may be changing directions to head lower.

On our Futures/Options trades, we cashed the 4000 profit on the MNQ, came close on the others. Off to another big start for the week.

Hold Off on the new trades, we will evaluate later

Roll IWM, and SPY, to Tuesday

Futures/Options trades –

Sell 6 MES Futures 6067
Buy 5 ATM February 7th SPY 602 Calls 5.14

Sell 6 MYM Futures Trading 44700
Buy 5 ATM February 7th DIA 445 Calls 3.85

Sell 6 MNQ Futures 21813 CLOSED
Buy 5 ATM February 7th QQQ 528 Calls 5.20

Sell 6 MGC Futures 2857
Buy 5 ATM February 7th GLD 259 Calls 2.31

Bubba

Exercise and Assignment

Chat Room Link

New Trades

QQQ

DKNG

GOOGL

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)

BA – (18.63) (1500.00 Credit Collected)
Short 1 February 7th 177.5 Call
Short 1 February 7th 167.5 Put
Long 1 February 21st 180 Call
Long 1 February 21st 190 Call
Long 2 February 21st 165 Put

AMZN – (19.96) (2200.00 Credit Collected)
Short 1 February 7th 225 Call
Short 1 February 7th 210 Put
Long 1 February 21st 230 Call
Long 1 February 21st 240 Call
Long 2 February 21st 205 Put

SPY – (23.48) (1100.00 Credit Collected)
Short 1 February 3rd 603 Call
Short 1 February 3rd 593 Put
Long 1 February 21st 605 Call
Long 1 February 21st 611 Call
Long 2 February 21st 591 Put

IWM – (18.02) (1500.00 Credit Collected)
Short 1 February 3rd 221 Call
Short 1 February 3rd 217 Put
Long 1 February 21st 223 Call
Long 1 February 21st 230 Call
Long 2 February 21st 215 Put

JPM – (21.25) (2250.00 Credit Collected)
Short 1 February 7th247.5 Call
Short 1 February 7th 242.5 Put
Long 1 February 21st 250 Call
Long 2 February 21st 240 Put

SLV – (6.58) (700.00 Credit Collected)
Short 1 February 3rd 27.5 Call
Short 1 February 3rd27.5 Put
Long 2 March 21st 28 Call
Long 1 March 21st 28 Put
Long 1 March 21st 27 Put

By Todd "Bubba" Horwitz|2025-02-03T09:21:54-05:00February 3, 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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