Saturday Trades Thursday Update 3/6/2025

Markets under pressure, look for a rally

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Markets getting hammered early, we are seeing more price volatility. With Jobs tomorrow, I would expect a rally from this lower open.

On our open SPY, QQQ, and IWM trades we have solid profits in the Puts, I would look to sell the extra puts only as early as today. Premium is high, markets oversold and a rally is expected. I will be selling, the rest is up to you.

On our open Futures/Options Ratios, we should get an opportunity to sell the Puts from the MNQ/QQQ and will continue the rest as is

Roll SPY, IWM, and QQQ to Friday

 

Futures/Options trades – New trades 

Buy 6 MES Futures –
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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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) (2180.00 Credit Collected)
Short 1 March 7th 135 Call
Short 1 March 7th 125 Put
Long 2 March 21st 138 Call
Long 1 March 21st 122 Put
Long 1 March 21st 112 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