EliteOptionsTrader
EliteOptionsTrader
Brando- Options trader for 13 years. Here to spread my knowledge and help others.
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TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for Thursday πŸ“ˆ $S&P 500(.SPX)$ another consolidation day today near 7700. SPX needs to get back above 7745 to start looking at calls. if SPX starts to fail, we can see 7620 again. $Invesco QQQ(QQQ)$ is stuck under 722, once it reclaims this level it can pop back up to 726-730. If 712 fails it can drop to 707. $Bitcoin(BTC.USD.CC)$ finally starting to show some signs of life after ten months of consolidation. IF BTC can reclaim 72k it can move to 80k again. $Strategy(MSTR)$ to 115-120 if BTC runs to 72k this month. Chip and memory stocks a
TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ $S&P 500(.SPX)$ previous ATH at 7620 in play before a bottom forms. SPX gave up the 7700 support today after holding it for 9 days. Chip and memory stocks lead the move lower today as well. $Invesco QQQ(QQQ)$ possible it fills the gap near 707 before a bottom forms too. IF it can't reclaim 722 tomorrow, we can see more downside as well. Let the market drop for now. $Micron Technology(MU)$ needs a push back above 1000 to set up for 1250. We saw MU move from low 700's to 1035 in 3 weeks. Let's see if it can find a base above 900 this month.
TRADE PLAN for Wednesday πŸ“ˆ

BTC: The Price is Off 50%, Why Nobody's Buying?

Everyone begged for a $Bitcoin(BTC.USD.CC)$ dip. It's here, 50% off, and nobody's buying. $Bitcoin(BTC.USD.CC)$ is back above 64k, up from the 58k low it tagged in June. It's sitting almost 50% under the October ATH near 126k; the exact discount everyone said they wanted. If bulls can push it back above 74k it'll signal a more risk-on environment for crypto and broader markets as a whole. If it stays under 74k crypto will continue to consolidate. If $Bitcoin(BTC.USD.CC)$ fades under 60k and trends towards 50k, it could trigger another larger selloff within crypto. Key Catalysts ETF flow reversal: S
BTC: The Price is Off 50%, Why Nobody's Buying?

What's the Strategies of LITE

$Lumentum(LITE)$ is caught right in the middle of the new Cold War, and strategic rare earths are the ammo $Lumentum(LITE)$ CEO Michael Hurlston just said that there's still a 30% gap between EML supply and demand, but China decides whether or not it closes. Despite this shortage, $Lumentum(LITE)$ finally broke out of a months long downtrend, bouncing off of hard support near 600. Through 1000 and bulls will push it straight into 1140, and a $100B MCAP. If Pax Silica can't secure a viable alternative to Chinese strategic rare earths, $Lumentum(LITE)$ can fad
What's the Strategies of LITE

TRADE PLAN for Tuesday πŸ“ˆ

TRADE PLAN for Tuesday πŸ“ˆ $S&P 500(.SPX)$ just finished up day 9 of consolidation above 7700. SPX needs to get through that 7800 level with conviction to see a push to 7900 then 8000. Let's see if any positive news comes this week. $Invesco QQQ(QQQ)$ all about 737.. Through this level it runs to the ATH at 748. $Micron Technology(MU)$ touched 1036 and dropped to 1011 by the close. As long as 1000 holds.. We'll see 1250+ again by September. $SanDisk Corp.(SNDK)$ wants to run to 2000 as well. Both of these names are winding up for a melt up.
TRADE PLAN for Tuesday πŸ“ˆ

Option Strategies: MU, SNDK& .SPX

Hello everyone! Today i want to share some trading ideas with you! 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7800 | SPX Aug 19 7850C πŸ“ˆ T: 7850, 7870 SL 7770 SPX bearish plan: SPX under 7700 | SPX Aug 19 7620P πŸ“‰ T: 7620, 7600 SL 7730 SPX ran to 7817 this past week but failed to close above the 7800 resistance. SPX finished up its 8th day of consolidation since FOMC. SPX needs to get through 7800 to set up for a move to 8000 this year. Calls can work above 7800 this upcoming week. If SPX gives up 7700 it can drop to 7620 again. Puts can work under 7700 this month. 2 $SanDisk Corp.(SNDK)$ Trade Idea: Aug 21 1800C Trigger: 1600 βœ… Targets: 1750, 1800 🎯 Sto
Option Strategies: MU, SNDK& .SPX

TRADE PLAN for LOTTO Friday πŸ”₯

TRADE PLAN for LOTTO Friday πŸ”₯ $S&P 500(.SPX)$ printed a new all time high at 7817 today but failed to close above the 7800 resistance. It looks like SPX is winding up for a move to 8000. Calls can work above 7800 for tomorrow. Lots of strength in the NASDAQ- $Invesco QQQ(QQQ)$ today too. QQQ got through the 728 resistance. If it holds 728 into next week.. 748 in play before August ends. $Micron Technology(MU)$ got through 930 today and ran to 978. MU to 1000 should come as long as 930 holds over the next few trading days. Calls can work above 950 tomorrow. $San
TRADE PLAN for LOTTO Friday πŸ”₯

TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for Thursday πŸ“ˆ $S&P 500(.SPX)$ all eyes on 7800 this month, once it gets through 8000 comes fast. The NASDAQ- $Invesco QQQ(QQQ)$ has lots of room to catch up since SPX already broke the all time highs.. We're going to see a rotation back into Chip and memory stocks in the near future. When it does $Invesco QQQ(QQQ)$ will run to 748 very quickly. QQQ through 748 will set up for a multi week rally to 800 $Micron Technology(MU)$ to 1250 coming once it gets back above 1000. 930 is a breakout level for tomorrow, watch to see if it can get through.. If
TRADE PLAN for Thursday πŸ“ˆ

History Mirror: Why the Crash Will Not Happen Again?

$S&P 500(.SPX)$ just made new ATHs while $Invesco QQQ(QQQ)$ is still stuck. History says we crash 20% from here. But here’s why we don’t πŸ‘‡ This EXACT divergence has happened 3 times before. Once it led to a multi-year bull run. Twice it preceded 20%+ crashes. How could the same setup have such different results? Here's how to tell which one you're dealing with: 🐻 2007 & 2018: One tired sector carried the index to its final high. Narrow leadership, no confirmation underneath. Both topped within months πŸ‚ 2013: $S&P 500(.SPX)$ broke out while $Invesco QQQ
History Mirror: Why the Crash Will Not Happen Again?

TRADE PLAN for Tuesday πŸ“ˆ

TRADE PLAN for Tuesday πŸ“ˆ $S&P 500(.SPX)$ just finished up a 4th day of consolidation above 7700. The market may not break out of this current range until after CPI data premarket on Wednesday. MOST likely we see another range day tomorrow so just wait until we see CPI data before trading this week. SPX needs through 7800 to test 8000. $Micron Technology(MU)$ every pop higher gets sold near/above 900 the past week. Until we see MU close above 900 and hold for at least 3 trading days, Avoid trading the upside for it. $Invesco QQQ(QQQ)$ all time high is at 748. QQQ closed at 720.87 today. QQQ can trade in a wide range
TRADE PLAN for Tuesday πŸ“ˆ

What's the Three Way of CPI Playbook

CPI Wednesday is going to make 90% of traders lose money before lunch. Here's the exact playbook so you're not one of them πŸ‘‡$Cboe Volatility Index(VIX)$ 🧊 COOL PRINT (0.1% or below) Market gaps up ~+0.24% at the open. That strength gets sold, median βˆ’0.27% intraday fade. The reversal isn't real, though: cool prints ran +1.05% over the next 3 sessions, the strongest follow-through of any outcome πŸ“Š Don’t chase the gap up. Let the morning sellers finish, the real move comes over the rest of the week, so buy the dip βœ… IN-LINE (0.2%, the forecast) Near-zero intraday drift, tightest range of the three. Vol bleeds out once the event risk resolves. 71% close green, highest rate of any bucket and still +0.55% over the next 3 sessions πŸ“Š Buy t
What's the Three Way of CPI Playbook

Option Trading Strategies: MU, NVDA& .SPX

Hello everyone! Today i want to share some 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7759 | SPX Aug 12 7800C πŸ“ˆ T: 7800, 7849 SL 7720 SPX bearish plan: SPX under 7700 | SPX Aug 12 7620P πŸ“‰ T: 7620, 7600 SL 7730 SPX printed a new all-time high at 7793 last week after breaking out above the previous ATH at 7620. If SPX can get through 7800 it can run to 8000 next. As long as 7700 holds, I'd stay bullish this upcoming week. Calls can work above 7759. 2 $NVIDIA(NVDA)$ Trade Idea: Aug 21 230C Trigger: 225 βœ… Targets: 232, 236 🎯 Stop: 221 πŸ›‘ NVDA moved from 190 to 224 the past 2 weeks. If NVDA can breakout above 225 this week it can run to 232, 236. NVDA throug
Option Trading Strategies: MU, NVDA& .SPX

Trading Strategies: .SPX, NBIS& MU

Hello everyone! Today i want to share some option strategies with you! 1 $Micron Technology(MU)$ Trade Idea: Aug 7th 900C Trigger: 776 βœ… Targets: 850, 900 🎯 Stop: 750 πŸ›‘ MU dropped to 737 at the lows last week and rallied up to 930 on Friday. MU ended up dropping 100+ points from the highs last Friday. If MU can hold a higher low above 776 we should see a push back to 900, 956 again. SNDK reports their earnings on August 5th so we can see another big move again in memory stocks. 2 $NEBIUS(NBIS)$ Trade Idea: Aug 28 200C Trigger: 170 βœ… Targets: 190, 200 🎯 Stop: 160 πŸ›‘ NBIS dropped from 299 to 145 the past 7 weeks. NBIS bounced from 145 to 204 the past 3 days. If NBIS can print a
Trading Strategies: .SPX, NBIS& MU

TRADE PLAN for LOTTO Friday πŸ”₯

1 $S&P 500(.SPX)$ what a bounce today, SPX +120 SPX if it reclaims 7500 we can see all time highs again in August. Calls can work above 7420 tomorrow $Micron Technology(MU)$ the bottom is in. The stock dropped from 1250 to 705. If it gets through 900.. 1000 comes fast. MU July 31 930C can work above 900 $Microsoft(MSFT)$ up 17% after earnings. MSFT has been in a downtrend for months. If MSFT can form a new base above 440.. we can see 500 by September. Calls can work above 450 tomorrow. Good luck tmrw everyone!! πŸ“ˆ 2 STOP TRADING UNTIL THIS HAPPENS. Before I decide how aggressive to be, I check the
TRADE PLAN for LOTTO Friday πŸ”₯

TRADE PLAN for Thursday πŸ“ˆ

Hello everyone! Today i want to share some trading ideas with you! TRADE PLAN for Thursday πŸ“ˆ $S&P 500(.SPX)$ massive sell off after FOMC today. SPX dropped 130+ points from the highs. If SPX gives up 7300 we can see a drop to 7228,7200. SPX July 31 7200P is best under 7300$Micron Technology(MU)$ to 651 in play, It couldn't hold above 800 today. The trend is still lower.. 651 is the buy zone leading into August. $SanDisk Corp.(SNDK)$ 2350+ to 1000 so far on this downtrend. If SNDK can flush another 100 points towards 900 I would consider buying shares/calls for a swing trade.
TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for FOMC Wednesday πŸ“ˆ

There's 2 levels to watch for $S&P 500(.SPX)$ the next 3 days. 1. Above 7500 = Bullish 2. Under 7400 = Bearish 3. Between 7400-7500= More chop. If you find yourself taking 50 trades a week with SPX stuck between 7400-7500, You need to size down and stop trading. Wait for the momentum first. There's a chance they raise rates tomorrow. If that happens, SPX to 7000 can come fast. We need to see Memory stocks and Chip stocks catch a bid and bottom out before going long again. Be patient and stay on your toes tomorrow. It's going to be a volatile one. Good luck everyone!! 🫑
TRADE PLAN for FOMC Wednesday πŸ“ˆ

TRADE PLAN for Tuesday πŸ“ˆ

TRADE PLAN for Tuesday πŸ“ˆ $S&P 500(.SPX)$ 100 pt intraday move from the highs to lows today. SPX managed to defend 7400 but we're already seeing lots of volatility before FOMC on Wednesday. If SPX can hold 7400 after FOMC we can see 7500 again. If 7400 fails, puts can work. $ARM Holdings(ARM)$ earnings coming up on Wednesday, if there's a positive reaction.. ARM to 300 in play. ARM July 31 300C can work above 2700 $Micron Technology(MU)$ keep an eye on 821 this week if it fails, MU to 650 possible on a panic sell. $SanDisk Corp.(SNDK)$ to 1100 as well if we
TRADE PLAN for Tuesday πŸ“ˆ

The World's Most Famous Bear is Calling for Another Selloff

The world's most famous bear is calling for another selloff $Palantir Technologies Inc.(PLTR)$ is down nearly 40% from ATHs and Michael Burry still hasn't fully closed his short position, but the stock hasn't made a new low in 8 months After an almost 50% pullback from ATHs at 208 to 106, $Palantir Technologies Inc.(PLTR)$ is right back near its key 140 level after defending the buy zone at 117. If $Palantir Technologies Inc.(PLTR)$ manages to break past 140, it can retest 166 and 200 after that, which means Burry will get squeezed out on the way up. If upcoming earnings go poorly, Burry gets paid if
The World's Most Famous Bear is Calling for Another Selloff

Option Strategies: MU, META& .SPX

Hello everyone! Today i want to share some trading strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7500 | SPX July 30 7550C πŸ“ˆ T: 7546, 7576 SL 7468 SPX bearish plan: SPX under 7400 | SPX July 30 7300P πŸ“‰ T: 7333, 7300 SL 7438 SPX dropped from 7525 to 7396 this past week. If SPX fails to defend 7400 after FOMC we can see a dip back to 7233 again. Puts can work under 7400 this week. If SPX pops up to 7468 and fails to hold, puts can also work. I'd wait for more positive news flow on the macro side before considering calls again. 2 $Meta Platforms, Inc.(META)$ Trade Idea: July 31 550P Trigger: 600 βœ… Targets: 544, 530 🎯 Stop: No SL πŸ›‘ META re
Option Strategies: MU, META& .SPX

TRADE PLAN for LOTTO Friday πŸ“ˆ

$S&P 500(.SPX)$ closed -90 on the day. If SPX gives up 7400 and closes under tomorrow we can see another dip towards 7330-7340 leading into FOMC on Wednesday. I would treat the upside as a quicker day trade until we see 7500 again. $Invesco QQQ(QQQ)$ almost dropped back to the June lows near 686 again but held and closed near 692. As long as 686 holds the uptrend is still intact this summer. QQQ under 686 can drop another 20-25 pts. $Micron Technology(MU)$ will test 1250 again this year. We need to see if MU can continue to form a base above 900 into August. MU July 24 1020C is best as a lotto above 1000 Good luck
TRADE PLAN for LOTTO Friday πŸ“ˆ

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