Saturday Trades Thursday Update 1/2/2025 – Bubba Trading

Saturday Trades Thursday Update 1/2/2025

New Year, Markets running higher

Markets regaining the early week losses, volume is still light. I don’t expect much today or tomorrow, expect choppy markets that can go in either direction farther than you think.

If the rally continues through the day it will help our rolls

Roll SPY, IWM, and QQQ to Thursday

Futures Options Trades – OPEN

Buy 6 MGC February Futures – 2665
Buy to open 5 GLD December 27th 242 Puts 1.45

Short 6 MYM March Futures – 44317 – Closed
Buy to open 5 DIA December 27th 429 Calls 3.15

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)

IWM – (14.31) (850.00 Credit Collected)
Short 1 December 30th 236 Call
Short 1 December 30th 231 Put
Long 2 January 17th 238 Call
Long 1 January 17th 229 Put
Long 1 January 17th 218 Put

SPY- (2030.00) (1600.00 Credit Collected)
Short 1 December 30th 609 Call
Short 1 December 30th 600 Put
Long 2 January 24th 611 Call
Long 1 January 24th 600 Put
Long 1 January 24th 580 Put

QQQ- (29.62) (1900.00 Credit Collected)
Short 1 December 30th 542 Call
Short 1 December 30th 530 Put
Long 2 January 24th 544 Call
Long 1 January 24th 528 Put
Long 1 January 24th 509 Put

SLV – (6.58) (450.00 Credit Collected)
Short 1 December 30th 27.5 Call
Short 1 December 30th 27.5 Put
Long 2 March 21st 28 Call
Long 1 March 21st 28 Put
Long 1 March 21st 27 Put

By Todd "Bubba" Horwitz|2025-01-02T09:37:08-05:00January 2, 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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