Saturday Trades Thursday Update 12/26/2024 – Bubba Trading

Saturday Trades Thursday Update 12/26/2024

Markets are quiet, lower and dead. It’s the day after Christmas, volume and participation will be light. Manage your open positions and be patient.

Roll SPY, IWM, and QQQ to Friday

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

Buy to open 5 DIA December 27th 429 Calls 3.15

Bubba

Exercise and Assignment

Chat Room Link

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) (650.00 Credit Collected)
Short 1 December 23rd 236 Call
Short 1 December 23rd 231 Put
Long 2 January 17th 238 Call
Long 1 January 17th 229 Put
Long 1 January 17th 218 Put

SPY- (2030.00) (1200.00 Credit Collected)
Short 1 December 19th 609 Call
Short 1 December 19th 600 Put
Long 2 January 24th 611 Call
Long 1 January 24th 600 Put
Long 1 January 24th 580 Put

QQQ- (29.62) (1400.00 Credit Collected)
Short 1 December 19th 542 Call
Short 1 December 19th 530 Put
Long 2 January 24th 544 Call
Long 1 January 24th 528 Put
Long 1 January 24th 509 Put

SLV – (6.58) (350.00 Credit Collected)
Short 1 December 23rd 27.5 Call
Short 1 December 23rd 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|2024-12-26T09:41:29-05:00December 26, 2024|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.

Leave A Comment Cancel reply

You must be logged in to post a comment.

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