Saturday Trades Monday Update 3/10/2025

Markets getting hammered – Look for a bounce

Markets are getting hammered this morning, look for a spot to buy. They are hovering around the 200 day moving average. Overall they are probably going lower, however I would expect a bounce.

You can look for a level to buy, or you can sit back and wait for a rip your face off rally to sell. Personally I will try to do both. It appears we will see some price volatility and trading activity.

We will look at setting up the Futures/Options trade in the MNQ and RTY sometime after 10 am EST. We will send an update later to confirm.

Roll SPY, IWM, and QQQ to Tuesday

 

Futures/Options trades – New trades

Buy 6 MES Futures –
Buy 5 March 14th SPY ATM Puts

Sell 6 MGC Futures
Buy 5 ATM March 14th GLD

 

Bubba


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New Trades 


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)

QQQ – (27.42) (3600.00 Credit Collected)
Short 1 March 10th 532 Call
Short 1 March 10th 520 Put
Long 2 March 21st 535 Call
Long 1 March 21st 520 Put

IWM- (10.58) (1200.00 Credit Collected)
Short 1 March 10th 221 Call
Short 1 March 10th 215 Put
Long 2 March 21st 223 Call
Long 1 March 21st 213 Put

GOOGL – (12.88) (2800.00 Credit Collected)
Short 1 March 14th 210 Call
Short 1 March 14th 200 Put
Long 2 March 21st 215 Call
Long 1 March 21st 200 Put

SPY – (23.82) (3000.00 Credit Collected)
Short 1 March 10th 614 Call
Short 1 March 10th 605 Put
Long 2 March 21st 616 Call
Long 1 March 21st 605 Put

MARA – (11.48) (730.00 Credit Collected)
Short 1 March 14th 18 Call
Short 1 March 14th 16 Put
Long 2 June 20th 18 Call
Long 1 June 20th 16 Put
Long 1 June 20th 12 Put

NVDA – (26.16) (2980.00 Credit Collected)
Short 1 March 14th 135 Call
Short 1 March 13th 125 Put
Long 2 March 21st 138 Call
Long 1 March 21st 122 Put

DKNG – (6.02) (1100.00 Credit Collected)
Short 1 March 14th 43 Call
Short 1 March 14th 41 Put
Long 1 March 21st 45 Call
Long 1 March 21st 55 Call
Long 1 March 21st 39 Put
Long 1 March 21st 36 Put

SLV – (6.58) (1500.00 Credit Collected)
Short 1 March 10th 27.5 Call
Short 1 March 10th 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