/, Sunday Night Options/Saturday Trades: Wednesday Update

Saturday Trades: Wednesday Update

Markets Higher

Markets are higher again this morning, we will roll our SPY strangle to Friday January 11th. 

SPY Put Roll
Buy to Close 2 January 9th 250 Puts
Sell to open 2 January 11th 250 Puts
This will be a credit trade Yesterday’s close was a credit of .34

SPY Call Roll
Buy to Close 2 January 9th 260 Calls
Sell to open 2 January 11th 260 Calls
This will be a credit trade Yesterday’s close was a credit of .47

Both trades will be for credits, use the midpoint after the market opens. I will update later

Saturday Call Recording: 2019-01-05 Saturday Call Recording


Open Positions 

QQQ – Long 2 February 15th 160/145 Strangles
Short 2 January 11th 158/147 Strangles

SPY – Long 2 January 18th 262/248 Strangles
Short 2 JANUARY 9th 260/250 Strangles

IWM – Long 2 January 18th 147/133 Strangles
Short 2 January 11th 145/135

 

 

 

 

 

 

By |2019-01-09T12:39:31+00:00January 9th, 2019|BAD, Sunday Night Options|0 Comments

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