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

Saturday Trades Monday Update 3/3/2025

After Friday’s reversal – We are in sell the rally mode

Friday saw a couple over reversals up and down, the last a big rally into the close. This morning markets are higher, they opened up, broke and are now rallying. We are sellers of this rally at resistance. That level is based on your timeframe

The MNQ should be filled and closed, MES could be filled depending on entry. We will look at these trades later, possibly reversing.

We have no ne trades

Roll SPY, IWM, and QQQ to Tuesday

Futures/Options trades –

Buy 6 MES Futures – Possibly CLOSED
Buy 5 March 7th SPY ATM Puts

Buy 6 MNQ Futures – CLOSED
Buy 5 March 7th QQQ ATM Puts

Sell 6 MGC Futures 2857
Buy 5 ATM March 7th 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) (1700.00 Credit Collected)
Short 1 March 3rd 532 Call
Short 1 March 3rd 520 Put
Long 2 March 21st 535 Call
Long 1 March 21st 520 Put
Long 1 March 21st 497 Put

IWM- (10.58) (450.00 Credit Collected)
Short 1 March 3rd 221 Call
Short 1 March 3rd 215 Put
Long 2 March 21st 223 Call
Long 1 March 21st 213 Put
Long 1 March 21st 210 Put

GOOGL – (12.88) (2300.00 Credit Collected)
Short 1 March 7th 210 Call
Short 1 March 7th 200 Put
Long 2 March 21st 215 Call
Long 1 March 21st 200 Put
Long 1 March 21st 165 Put

SPY – (23.82) (1800.00 Credit Collected)
Short 1 March 3rd 614 Call
Short 1 March 3rd 605 Put
Long 2 March 21st 616 Call
Long 1 March 21st 605 Put
Long 1 March 21st 582 Put

MARA – (11.48) (530.00 Credit Collected)
Short 1 March 7th 18 Call
Short 1 March 7th 16 Put
Long 2 June 20th 18 Call
Long 1 June 20th 16 Put
Long 1 June 20th 12 Put

NVDA – (26.16) (1880.00 Credit Collected)
Short 1 March 7th 135 Call
Short 1 March 7th 125 Put
Long 2 March 21st 138 Call
Long 2 March 21st 116 Put

DKNG – (6.02) (800.00 Credit Collected)
Short 1 March 7th 43 Call
Short 1 March 7th 41 Put
Long 1 March 21st 45 Call
Long 1 March 21st 55 Call
Long 2 March 21st 39 Put

SLV – (6.58) (1400.00 Credit Collected)
Short 1 March 3rd 27.5 Call
Short 1 March 3rd 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

By Todd "Bubba" Horwitz|2025-03-03T08:37:48-05:00March 3, 2025|BAD, Sunday Night Options|Comments Off

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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