Option Strategies: .SPX, META& NVDA

EliteOptionsTrader
08-12

Hello everyone! Today i want to share some trading strategies with you!

1.

After a 35% pull back in $NVIDIA Corp(NVDA)$ , it finally looks ready for a run to 160+ this year. If you want to grow your account quickly this is the trade you need to wait for. 👇

Trigger: $NVIDIA Corp(NVDA)$ closing above 106 on a daily candle ✅

Trade idea: NVDA Sept 6 120C

Target: 120 🎯

$NVIDIA Corp(NVDA)$ is close to presenting an opportunity for a 5-10x move with certain option strikes. We can see 120+ after earnings at the end of this month

2.

$NVIDIA Corp(NVDA)$ Trade Idea: Aug 16 110C 💡

Trigger: Above 106 📈

Target: 110 🎯

Stop: 104 🛑

NVDA through 106 can run to 116 by earnings on Aug 28th. Calls can work above 106 for this week

3.

$Meta Platforms, Inc.(META)$ Trade Idea: Aug 16 525C 💡

Trigger: Above 516 📈

Target: 532 🎯

Stop: 512 🛑

Meta above 516 can test 532 next. Calls can work above 516 or if 508 backtests and holds.

4.

$S&P 500(.SPX)$ almost fully recovered from the 200+ pt gap down last Monday. IF SPX breaks out above 5374 after CPI we can see 5500. Money will flow back into tech and chip stocks. I'd stay bullish as long as SPX defends 5300 over the next 3 days. SPX 5500 target in the next 2 weeks.

Follow me to learn more about analysis!!

https://x.com/EliteOptions2

Technical Analysis
Here is the place for you to discuss & learn about technical 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.

Comments

We need your insight to fill this gap
Leave a comment
8