TRADE PLAN for Tuesday ๐Ÿ“ˆ

EliteOptionsTrader
11:28

$S&P 500(.SPX)$ had a consolidation today after failing to get through 7145. It's possible we see 1-2 more days like this if SPX fails to defend 7100. SPX to 7200 still in play as long as 7k holds. We've seen a massive run in SPX in 3 weeks so need be more patient now as SPX sets up again for the upside.

SPX April 23 7200C can work above 7145

$NVIDIA(NVDA)$ wants to test all time highs at 212 after a 1.5 year consolidation. Once NVDA gets through 212.. 250 comes FAST.

NVDA May 22 210C can work above 200

$Amazon.com(AMZN)$ gapping higher afters hours on Anthropic news. AMZN All time high at 258 coming next. If it gets through this level we'll see the next leg higher to 300.

AMZN May 29 270C is best above 258

Good luck and be patient tomorrow everyone. Unless we see SPX and QQQ get through Fridays highs, can't get aggressive trading these 2 names. ๐Ÿซก


๐Ÿ˜ Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.

๐ŸŽ Weโ€™ve selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!

Hot Merch Returns ยท Up to 43% Off

Options Hub
Welcome to Tiger Options Hub! Here you may talk and learn about all things on options trading!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
6