Saturday Trades Monday Update 9/9/2024 – Bubba Trading

Are you going to BUBBAPALOOZA 2024? Hurry Limited Seats Available. CLICK HERE for more info.

Saturday Trades Monday Update 9/9/2024

Markets higher – Look for levels to sell

The rally came earlier than we would like. We are looking for levels to sell. Be patient, and wait for confirmation that the rally is ending.
New Trades good as written

Roll SPY, QQQ, and IWM to Tuesday

Futures Ratio Spread – We are going back to short futures after this mornings rally. I will send an update when ready, nothing to do for now

Sell 6 MES Futures –
Buy to open 5 ATM Calls for September 13th
Sell 6 MNQ Futures –
Buy to open 5 ATM Calls for September 13th

Bubba

Exercise and Assignment

Chat Room Link

New Trades

COIN

DIA

NVDA

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)

MARA – (5.97) (300.00 Credit Collected)
Short 1 September 13th 19 Call
Short 1 September 13th 18 Put
Long 2 October 18th 20 Call
Long 1 October 18th 17 Put
Long 1 October 18th 13 Put

QQQ – (25.77) (2800.00 Credit Collected)
Short 1 September 9th 480 Call
Short 1 September 9th 475 Put
Long 2 September 20th 485 Call
Long 1 September 20th 470 Put
Long 1 September 20th 450 Put

NVDA – (21.84) (2400.00 Credit Collected)
Short 1 September 13th 130 Call
Short 1 September 13th 120 Put
Long 2 September 20th 132 Call
Long 1 September 20th 118 Put
Long 1 September 20th 102 Put

SPY – (21.83) (2500.00 Credit Collected)
Short 1 September 9th 560 Call
Short 1 September 9th 550 Put
Long 2 September 20th 562 Call
Long 1 September 20th 548 Put
Long 1 September 20th 540 Put

COIN – (13.68) (1000.00 Credit Collected)
Short 1 September 13th 220 Call
Short 1 September 13th 185 Put
Long 1 September 20th 220 Call
Long 1 September 20th 185 Put

SPY – (15.27) (300.00 Credit Collected)
Short 1 September 2nd 537 Call
Short 1 September 2nd 523 Put
Long 1 September 20th 539 Call
Long 1 September 20th 521 Put

IWM – (17.19) (1800.00 Credit Collected)
Short 1 September 9th 209 Call
Short 1 September 9th 201 Put
Long 1 September 20th 211 Call
Long 1 September 20th 222 Call
Long 2 September 20th 199 Put

QQQ – (19.51) (300.00 Credit Collected)
Short 1 September 2nd 455 Call
Short 1 September 2nd 439 Put
Long 1 September 20th 455 Call
Long 1 September 20th 439 Put

SLV – (5.22) (420.00 Credit Collected)
Short 1 September 11th 28 Call
Short 1 September 11th 28 Put
Long 2 November 15th 29 Call
Long 1 November 15th 27 Put
Long 1 November 15th 25 Put

By Todd "Bubba" Horwitz|2024-09-09T10:36:38-04:00September 9, 2024|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.

Thank you for visiting Bubba Trading. We use cookies to improve your experience during your sojourn, prior & future purchases, and all other interactions herein. Your continued use of the site constitutes your freely-given explicit consent to our company user policies and that you being of sound-mind understand the implications thereof. To find out more, read our privacy policy , general visitor terms of use, and/or the subscriber & customer terms of use. If you wish not to consent to said policies, you must leave the site immediately and are forbidden to return until such time as you opt to freely & explicitly consent to our aforementioned & hyperlinked policies.

Ok