Saturday Trades Wednesday Update 6/18/2025

Slow markets – today is about the FED

The action sucks, trading is slow and ranges are tight. Today is FED day, I see no reason why today is different other than the FED. There could be action, but based on recent history we have no expectations.

Tomorrow is a holiday, Friday is triple witching expiration and SPY goes ex dividend. Right now we have no risk to assignment on our open SPY position.

Roll open QQQ, SPY, and IWM to Friday

 

Open Ratio Trades – If not already done, roll your Futures today or tomorrow

Sell to open MES June Futures
Buy to open June 20th 5 SPY ATM Calls

Sell to open MNQ June Futures
Buy to open June 20th 5 QQQ ATM Calls

Sell to open M2K June Futures
Buy to open June 20th 5 IWM ATM Calls

Sell to open MYM June Futures
Buy to open June 20th 5 DIA ATM Calls

Bubba


Exercise and Assignment

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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)

SPY – 27.93 (350.00 Credit Collected)
Short 1 June 16th 606 Call
Short 1 June 16th 592 Put
Long 2 July 18th 602 Call
Long 2 July 18th 589 Put

QQQ – (24.09) (800.00 Credit Collected)
Short 2 June 16th 482 Call
Short 2 June 16th 462 Put
Long 2 June 20th 485 Call
Long 2 June 20th 460 Put

IWM- (21.00) (400.00 Credit Collected)
Short 2 June 16th 197 Call
Short 2 June 16th 191 Put
Long 2 June 20th 199 Call
Long 2 June 20th 189 Put

MARA – (11.48) (1200.00 Credit Collected)
Short 1 June 20th 18 Call