Option Strategies: .SPX, NVDA& PLTR
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for LOTTO Friday 📈
$S&P 500(.SPX)$ strong recovery after dipping to 6047. SPX to 6100 coming tomorrow
SPX 6100C can work above 6080
$NVIDIA(NVDA)$ big breakout through 127 today. NVDA to 132,136 by next week
NVDA 130C best above 128
$Palantir Technologies Inc.(PLTR)$ setting up for a move to 120+. PLTR is a $200 stock regardless of what everyone says about overvaluation.
PLTR June 20 140C can work
2.
$5000 is a good benchmark to start day trading options.
I would wait for prime setups in the market.. Wait for the indices( $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ ) to line up near key breakout levels and line it up with individual stocks with relative strength.I'd focus on those trades.
You can't trade every day otherwise you'll bleed out your account especially in harder trading environments.
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