Saturday Trades Thursday Update 4/24/2025 – Bubba Trading

Saturday Trades Thursday Update 4/24/2025

Markets lower, look for selling opportunities

The rally Tuesday, Wednesday failed late on Wednesday. Although the markets were much higher on Wednesday, they gave up half their gains.

The late selling continues this morning. There is probably another 5-10% left in this rally, we are looking for spots to sell. Today is GOOGL earnings.

On our SPY Double Calendar, we split the roll, rolling 2 calls and only 1 put. The Put we didn’t roll expired worthless leaving our position, Long 2 May 16th Calls, Short 2 April 24th Calls, Long 2 May 16th Puts, Short 1 April 24th Put.

•Sell 6 MGC June Futures (this is possibly closed)
•Buy 5 ATM April 17th GLD Calls

•Buy 6 June MYM Futures ( The futures should be closed, with a solid profit)
•Buy 5 ATM April 25th DIA Puts

Bubba

Exercise and Assignment

Chat Room Link

New Trades

NUGT

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 – (11.48) (1100.00 Credit Collected)
Short 1 April 11th 18 Call
Short 1 April 11th 16 Put
Long 2 June 20th 18 Call
Long 1 June 20th 16 Put

By Todd "Bubba" Horwitz|2025-04-24T07:28:06-04:00April 24, 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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