Option Strategies: .SPX, PLTR& NVDA
Hello everyone! Today i want to share some option strategies with you!
1.
$NVIDIA(NVDA)$ Trade idea: NVDA Jan 3 140C 📈
Trigger: 136 ✅
Targets: 140,144 🎯
Stop: 132 🛑
NVDA- closed at 134.70. NVDA held 127 at the open and rallied towards 135 by the close.
NVDA through 136 can run to 140,144 next.
Calls can work above 136 this week. NVDA should move back to 153 in the next 4-6 weeks. It needs to form a base above 140 first.
2.
$Palantir Technologies Inc.(PLTR)$ Swing Trade idea: PLTR April 17 100C 📈
Trigger: 80 ✅
Targets: 89,100 🎯
Stop: 75 🛑
PLTR- closed at 80.55. PLTR dip has been boguht up the past 2 weeks and closed at the
ATH at 80. PLTR above 80 can run to 89, 100 next year. Calls can work above 80 for this week. PLTR possible we see this move to 200+ in the next 2 years.
3.
$.SPX(.SPX)$ Trade Plan for Christmas week🎄 📈
CALLS: SPX above 5938 SPX Dec 27 5980C Targets: 5973,6000 📈
PUTS: SPX under 5900- SPX Dec 27 5860P Targets: 5860,5830 📉
SPX-closed at 5930.85. SPX dropped from 6070 after FOMC to 5832 this past Friday. SPX dip ended up being bought up on Friday and rallied from 5832 to 5982 intraday. SPX pulled back 50+ points into the close. We can see a few days of volatility as SPX continues to find a bottom after this big sel off. IF SPX can hold a higher low above 5900 we can see a move back to 6000 in the next 2 weeks. Calls can work above 5938 as a day trade. IF SPX back tests 5900 and holds ,calls can also work. I'd be more patient over the next 2 weeks as SPX tries to carve out a bottom above 5848.
Follow me to learn more about analysis!!
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.
