Saturday Trades Thursday Update 7/24/2025

Markets pop on earnings Wednesday – Mixed this morning

Markets were slow all day Wednesday until a late day and after market pop on Earnings. The action is still slow and really should be observed. Based on overnight pricing we have adjustments to make to our open positions.

Our open earnings trades shorts should be rolled to next week same strikes. On TMUS, roll the extra call up to the at the money call or sell the ATM call (I sold), GOOGL, roll up the extra call.

Things can change before the actual opening on the extra options but on the shorts they must be rolled.

Open Ratio Trades – Keep selling premium against these trades

Sell to open MES September Futures
Buy to open July 25th 5 SPY ATM Calls

Sell to open MNQ September Futures
Buy to open July 26th 5 QQQ ATM Calls

Sell to open M2K September Futures
Buy to open July 25th 5 IWM ATM Calls

Sell to open MYM September Futures
Buy to open July 25th 5 DIA ATM Calls

Bubba


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New Trades 

FCX

 

 

 

 

 

TMUS

 

 

 

 

 

GOOGL

 

 

 

 

 

 


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)

JPM – 14.30 (750.00 Credit Collected)
Short 1 July 18th 290 Call
Short 1 July 18th 282.5 Put
Long 2 July 18th 292.5 Call
Long 2 July 18th 280 Put

QQQ – 28.88 (2800.00 Credit Collected)
Short 1 July 15th 531 Call
Short 1 July 15th 521 Put
Long 1 July 18th 534 Call
Long 1 July 18th 548 Call
Long 2 July 18th 518 Put

AAPL – 11.06 (1200.00 Credit Collected)
Short 1 July 18th 202.5 Call
Short 1 July 18th 197.5 Put
Long 2 July 18th 205 Call
Long 2 July 18th 195 Put

SPY – 27.93 (2750.00 Credit Collected)
Short 1 July 15th 606 Call
Short 1 July 15th 592 Put
Long 1 July 18th 602 Call
Long 1 July 18th 615 Call
Long 2 July 18th 589 Put