Hello everyone! Today i want to share some trading strategies with u!
1.
The market is on the verge of melt up rally. $Tesla Motors(TSLA)$ $Coinbase Global, Inc.(COIN)$ $MicroStrategy(MSTR)$ $Palantir Technologies Inc.(PLTR)$ all ready to lead this market higher. You can't miss this market. đ
$MicroStrategy(MSTR)$ 320C $9.60 to $40.85 đ˘
$MicroStrategy(MSTR)$ 340C $9.90 to $29.00 đ˘
$Tesla Motors(TSLA)$ 370C $7.50 to $12.59 đ˘
2.
My trade explanation on how I made over $500k trading $Tesla Motors(TSLA)$ last week đ
Elon musk positioned himself along side Trump during this election. I knew if Trump won, TSLA stock could be a big beneficiary for the upside. I took TSLA 250C on November 4th at $5.35 and these ended up moving to $68 by Friday. TSLA printed 6 consecutive red days in a row leading into last Monday where I took calls. The probability of a 7th or 8th red day was less than 5%. This means the probability of the stock moving higher was 95%.
I took these calls and within 5 days TSLA ran 90 points. I traded 9 different strikes on TSLA last week and this netted me over $500k in profits. Waiting for the right technical setup line up with the right potential catalysts(election + FOMC) can present the absolute best opportunities for the upside.
3.
TRADE PLAN for Tuesday đĽ
$.SPX(.SPX)$ day 1 of consolidation near 6000 after a huge run last week. SPX can move to 6071-6100 by Friday if there's a positive reaction to CPI.
5620C is best above 5600
$MicroStrategy(MSTR)$ up 25% today... MSTR to 400+ in play if Bitcoin can move up to 90-92k next
MSTR 400C can work above 350
$Tesla Motors(TSLA)$ through 350 can run to 363-370 this week
370C is best above the 370 resistance
Follow me to learn more about analysis!!
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