Elite Options #Watchlist 4/15/24

EliteOptionsTrader
04-15

$NVIDIA Corp(NVDA)$ 900C > 885 | : 900 | SL: 878

$Meta Platforms, Inc.(META)$ 500P < 508 | : 500 | SL: 511

$S&P 500(.SPX)$ Apr 17 5230C > 5200 | : 5229

$S&P 500(.SPX)$ Apr 17 5040P < 5100 | : 5038

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$S&P 500(.SPX)$ volatile week with 100+ pt move lower from Thur into Fri. SPX has consolidated for 3 weeks since last FOMC.

If SPX breaks 5100 we can see 5000 next. Puts can work under 5100 this week. Important support level for bulls. If SPX breaks 5000 we can see another 150 pt sell off.

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GM[Onlooker]

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Comments

  • EliteOptionsTrader
    04-15
    EliteOptionsTrader

    Premarket plan

    $S&P 500(.SPX)$ needs back through 5200 to set up for 5260+ If SPX reverses under 5147 we can see 5100 by Wednesday. Puts can work under 5147 this week

    $NVIDIA Corp(NVDA)$ keep an eye on 900 if NVDA can close above 900 we can see 919,935. Calls can work above 900

    $Advanced Micro Devices(AMD)$ if this fails to reclaim 164 this week we can see a drop to 151. Puts can work under 164

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