Option Strategies: .SPX, TSLA& NVDA
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for Wednesday 📈
$.SPX(.SPX)$ price action strong again today after defending the 6k support. SPX is setting up to test all time highs at 6100 in the next week. I'd stay bullish above 6034
SPX 6070C is best above 6034
$Tesla Motors(TSLA)$ needs to reclaim 429 to set up for a move to 450+. Wait for the 429 level
TSLA 445C can work above 429
$NVIDIA(NVDA)$ higher on Trump AI news today. If NVDA can form a base above 140 we will see a move back to all time highs at 153 in February
NVDA Jan 31 145C is best above 142
2.
Being bearish in this market is going to be very costly for anyone with a bearish bias. This market is going to trend higher over the next 3-4 years and it will create many new millionaires from the stock market and crypto. All the bears are going to get taught a simple lesson. Don't fight the trend. Let's ride. 💯
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