Hello everyone! Today i want to share some trading strategies with you!
1.
$Tesla Motors(TSLA)$ Trade idea: TSLA Nov Dec 6 355C đ
Trigger: 350 â
Targets: 363,372 đŻ
Stop: 343 đ
TSLA- closed at 345.16. TSLA has continued to trade in the same range above 328 the past 2 weeks. If TSLA can close above 350 on a daily candle we should see 363 test again.
Calls can work above 343 or through 350 this week. Ideally you want to see TSLA defend the 334 support otherwise we can see a dip to 321 .......
before a bottom forms.
2.
$Apple(AAPL)$ Trade idea: AAPL Dec 26 240C đ
Trigger: 237 â
Targets: 240,250 đŻ
Stop: 234 đ
AAPL- closed at 237.33. AAPL 237 is the all time high level. If we see a breakout in megacap tech, AAPL can lead a move higher to 250+. Calls can work above 237 for a swing to 250 this month.
3.
$.SPX(.SPX)$ TRADE PLAN â
CALLS: SPX above 6034 SPX Dec 4 6070C Target: 6071 đ
PUTS: SPX under 5973- SPX Dec 4 5920P Target 6020 đ
SPX-closed at 6032.38. SPX printed a new all time high on Friday at 6044. SPX started to break out of last week's range mid day on Friday. If SPX can hold above 6000 as a higher low next week we should see the next leg higher to 6100-6140. Calls can work above 6034 early this week. Calls can also work if SPX dips to 6017 and holds near this level. I'd consider puts the next time SPX closes under 5973 on a daily candle.
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