Saturday Trades Tuesday Update 10/17/2023
Markets closed at resistance Monday – Sell the rally
Markets closed at resistance on Monday, giving us an opportunity to sell. With GS earnings this morning a rally from here would give us a greater position to sell into strength.
On the other hand, if markets tank after earnings we will wait to sell. In other words, sell a rally or flat market. If they see before the open, we sit. Either way we are looking to sell
Roll SPY, QQQ to Wednesday
All new trades filled
Rolls
GOOGL – Buy to close 1 October 20th 140/135 Strangle/ Sell to open 1 October 27th 140/135 Strangle Credit 4.00
AAPL – Buy to close 1 October 20th 180/175 Strangle/ Sell to open 1 October 27th 180/175 Strangle Credit 1.90
AMZN – Buy to close 1 October 20th 130/125 Strangle/ Sell to open 1 October 27th 130/125 Strangle Credit 5.50
NUGT – Buy to close 1 October 20th 27/26 Strangle/ Sell to open 1 October 27th 26.5 Straddle Credit .65
TSLA – Buy to close 1 October 20th 270/230 Strangle/ Sell to open 1 October 27th 270/230 Strangle Credit 4.00
New Trades
AMD
![](https://bubbatrading.com/wp-content/uploads/2023/10/2023-10-14-AMD-500x167.png)
IWM
![](https://bubbatrading.com/wp-content/uploads/2023/10/2023-10-14-iwm-500x166.png)
COIN
![](https://bubbatrading.com/wp-content/uploads/2023/10/2023-10-14-coin-500x164.png)
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)
AMZN – (19.91) (470.00 Credit Collected)
Short 1 October 20th 130 Call
Short 1 October 20th 125 Put
Long 1 November 17th 130 Call
Long 1 November 17th 135 Call
Long 2 November 17th 125 Put
AAPL – (17.29) (180.00 Credit Collected)
Short 1 October 20th 180 Call
Short 1 October 20th 175 Put
Long 2 November 17th 180 Call
Long 2 November 17th 175 Put
GOOGL – (16.45) (180.00 Credit Collected)
Short 1 October 20th 140 Call
Short 1 October 20th 135 Put
Long 1 November 17th 140 Call
Long 1 November 17th 135 Put
NUGT – (4.78) (240.00 Credit Collected)
Short 1 October 20th 25 Call
Short 1 October 20th 27 Put
Long 1 November 17th 28 Call
Long 1 November 17th 30 Call
Long 1 November 17th 25 Put
Long 1 November 17th 24 Put
TSLA – (17.59) (1020.00 Credit Collected)
Short 1 October 20th 270 Call
Short 1 October 20th 230 Put
Long 1 November 17th 270 Call
Long 1 November 17th 230 Put
NFLX – (13.86) (2000.00 Credit Collected)
Short 1 October 20th 395 Call
Short 1 October 20th 355 Put
Long 1 October 20th 400 Call
Long 1 October 20th 350 Put
MU – (5.50) (540.00 Credit Collected)
Short 1 October 20th 70 Call
Short 1 October 20th 66 Put
Long 2 October 20th 71 Call
Long 2 October 20th 65 Put
COIN – (12.44) (956.00 Credit Collected)
Short 1 October 20th 80 Call
Short 1 October 20th 76 Put
Long 2 October 20th 82 Call
Long 2 October 20th 74 Put
JPM – (9.66) (895.00 Credit Collected)
Short 1 October 20th 150 Call
Short 1 October 20th 145 Put
Long 2 October 20th 150 Call
Long 2 October 20th 145 Put
GS – (21.81) (3000.00 Credit Collected)
Short 1 October 20th 347.5 Call
Short 1 October 20th 337.5 Put
Long 2 October 20th 350 Call
Long 1 October 20th 335 Put
QQQ – (21.44) (2372.00 Credit Collected)
Short 1 October 16th 378 Call
Short 1 October 16th 368 Put
Long 2 October 20th 380 Call
Long 1 October 20th 366 Put
Long 1 October 20th 354 Put
SPY – (16.86) (2335.00 Credit Collected)
Short 1 October 16th 450 Call
Short 1 October 16th 440 Put
Long 2 October 20th 452 Call
Long 1 October 20th 438 Put
ROKU – (11.50) (1600.00 Credit Collected)
Short 1 October 20th 88 Call
Short 1 October 20th 82 Put
Long 2 October 20th 90 Call
Long 1 October 20th 80 Put
ORCL – (11.73) (1570.00 Credit Collected)
Short 1 October 13th 122 Call
Short 1 October 13th 118 Put
Long 2 October 20th 125 Call
Long 1 October 20th 115 Put
TWLO – (6.96) (850.00 Credit Collected)
Short 1 October 20th 68 Call
Short 1 October 20th 62 Put
Long 2 October 20th 70 Call
Long 1 October 20th 60 Put
GOOGL – (9.98) (1000.00 Credit Collected)
Short 1 October 20th 138 Call
Short 1 October 20th 132 Put
Long 1 October 20th 140 Call
Long 1 October 20th 142 Call
Long 2 October 20th 130 Put
AAPL – (7.83) (1270.00 Credit Collected) CLOSED