Option Strategies: .SPX, META& TSLA
Hello evryone! Today i want to share some option strategies with you!
1.
$Tesla Motors(TSLA)$ Trade Idea: Sept 27 250C 💡
Trigger: Above 244 📈
Target: 259 🎯
Stop: 240 🛑
TSLA above 244 can test 252, 259 next. Calls can work near 244 or if TSLA back tests near 234 and holds. Let's see if TSLA can reclaim 271 in October. We can see 300+ this year if TSLA moves back through 271.
2.
$Meta Platforms, Inc.(META)$ Trade Idea: Sept 27 570C 💡
Trigger: Above 560 📈
Target: 579 🎯
Stop: 555 🛑
META broke out above 544 last week and moved to 564. META is setting up for 579,588 next. Calls can work above 560 or 565 this week. If META back tests 544 and holds this level, calls can work as a swing trade
3.
$S&P 500(.SPX)$ printed a new all time high after FOMC last week. As long as 5670 holds we should see 5800+ in the next 2-3 weeks. We can start to see a rotation back into tech and other risk assets starting over the next week as well. I'd stay bullish on SPX above 5700 early this week. Calls can work above 5700 or 5726.
📈 Bullish Trade Plan - Above 5700 - Sept 25 5750C - Target 5750
📉 Bearish Trade Plan - Under 5670 - Sept 25 5630P - Target 5630
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https://x.com/EliteOptions2/status/1838009149004591357
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