Option Strategies: SQ, .SPX, META& NFLX

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

$Block(SQ)$ Monthly Analysis 📈

Trigger: 94 ✅

Trade idea: SQ June 20 2025 115C

Targets 115,149🎯

Technical Setup:

$Block(SQ)$ has formed an Inverse Head & Shoulders pattern with a breakout level at $94. Historically, when SQ broke out of a major IHS pattern, it delivered a 245% move to ATHs. If $94 is reclaimed with volume, a similar upside could unfold, aligning with its growth trajectory

Earnings Highlights:

Q3 2024 gross profit grew 19% YoY to $2.25B, with strong performance in Cash App and Square Seller Ecosystem. The company achieved record profitability, reflecting improved efficiency and scalability.

Growth Prospects:

Cash App has been expanding its user base and adding financial services like investment tools and banking.

Square seller ecosystem is also scaling globally - small and medium sized business are benefiting from the integrated hardware and software solutions.

They are also integrating Bitcoin which positions them to benefit from the growing adoption of digital currencies.

Bitcoin Reserves:

They currently hold 8,027 BTC ( $754M). With Bitcoin projected to hit 150k, these reserves offer a lot of upside potential.

The Trump administration favoring cryptocurrencies also helps the bull thesis for Bitcoin.

Future Growth Catalysts

We will likely see more AI driven tools to enhance the users experience.

Afterpay has integrated CashApp to their Buy Now, Pay Later market which should increase usage volumes for Cash App.

Lastly, global adoption of digital payments are going to drive long-term growth.

My conservative price target for Block (SQ) by the end of 2025 is $175.

TRADE PLAN for Thursday 📈

$.SPX(.SPX)$ strong rally today from 5860 into 5917. SPX if it holds a higher low above 5900 we can see 5973-6000 by next week

SPX 5940C is best above 5920 tomorrow

$Meta Platforms, Inc.(META)$ through 569 can run to 585-600 next week. Watch to see if META can defend 560

575C can work above 569

$Netflix(NFLX)$ 900 in play in the next 2 weeks. IF NFLX can hold above 880 we can see 900+

900C is best above 880

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