Saturday Trades Tuesday Update 11/26/2024 – Bubba Trading

Are you going to BUBBAPALOOZA 2024? Hurry Limited Seats Available. CLICK HERE for more info.

Saturday Trades Tuesday Update 11/26/2024

Markets mixed but appear to be topping

Markets were under pressure last night but once again have managed a rally except the Russell. They are slightly higher but the actions suggests a top is being created.

It is slow, thin and not a lot to do. Manage your positions and be patient. Some days are better to observe rather than trade, the rest of this week appears to be that.

Roll SPY, IWM, and QQQ to Wednesday

Futures Options Trades – Open Position

We will update these later this morning

Sell 6 MES Futures – 5987
Buy to open 5 November 29th 595 Call 360

Sell 6 MNQ Futures – 20849
Buy to open 5 November 29th 506 Calls 3.80

Buy 6 MGC Futures – 2712
Buy to open 5 GLD ATM November 29th 250 Puts 1.79

Buy 6 MYM Futures – 44839
Buy to open 5 DIA ATM November 29th Call 2.28

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)

SLV – (6.58) (50.00 Credit Collected)
Short 1 November 25th 27.5 Call
Short 1 November 25th 27.5 Put
Long 2 March 21st 28 Call
Long 2 March 21st 28 Put

DIA – (14.98) (250.00 Credit Collected)
Short 1 November 29th 438 Call
Short 1 November 29th 432 Put
Long 2 December 20th 440 Call
Long 2 December 20th 430 Put

SPY – (28.77) (1600.00 Credit Collected)
Short 1 November 25th 601 Call
Short 1 November 25th 595 Put
Long 2 December 20th 603 Call
Long 1 December 20th 593 Put
Long 1 December 20th 585 Put

QQQ – (33.41) (1600.00 Credit Collected)
Short 1 November 25th 518 Call
Short 1 November 25th 507 Put
Long 2 December 20th 520 Call
Long 1 December 20th 505 Put
Long 1 December 20th 495 Put

AAPL – (13.71) (750.00 Credit Collected)
Short 1 November 29th 240 Call
Short 1 November 29th 222.5 Put
Long 2 December 20th 245 Call
Long 2 December 20th 220 Put

IWM – (26.68) (2700.00 Credit Collected)
Short 1 November 25th 228 Call
Short 1 November 25th 224 Put
Long 1 December 20th 230 Call
Long 1 December 20th 243 Call
Long 1 December 20th 222 Put
Long 1 December 20th 218 Put

By Todd "Bubba" Horwitz|2024-11-26T09:43:16-05:00November 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