Option Strategies: TSLA, MSTR& .SPX

EliteOptionsTrader
11-11

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

1.

$.SPX(.SPX)$ tested a massive resistance at 6000 this past Friday. SPX ran 300+ pts from the lows of last week as well. IF SPX can breakout above 6000 this week we can see another push towards 6100-6140. We’ve seen 3 gap up days in a row. If SPX fails to get through 6000 at some point this week we can start a small consolidation period from 5938-6000. Calls can work above 6000 this week.

Bullish trade plan: SPX above 6000 SPX Nov 13 6040C T 6040

Bearish trade plan: SPX under 5938 SPX Nov 13 5900P T 5900

2.

Trade idea: $MicroStrategy(MSTR)$ Nov 15 300C 💡

Trigger: 280 ✅

Targets: 300,324 🎯

Stop: 271 🛑

$MicroStrategy(MSTR)$ is setting up for the next rally higher with #bitcoin. Bitcoin touched 80k today and it setting up for a squeeze to 88k,100k. If Bitcoin moves to 88K, we can see MSTR setting up of a run towards 346-353. Bitcoin should make a move to 100k by early next year. I’d say bullish above 280 for MSTR this week

3.

Trade Idea: $Tesla Motors(TSLA)$ Nov 15 340C 💡

Trigger: 328 ✅

Targets: 343,350 🎯

Stop: 321 🛑

TSLA is setting up for another push higher towards 350 if it can. Get through 328 resistance level. Be aware that we’ve seen a big move higher in a short period of time. If TSLA rejects at 328 we can see a pull back to 300 before a new support forms. We can see another rally higher towards 343-350 before a consolidation period starts to form.

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