Option Strategies: .SPX, TSLA& NVDA

EliteOptionsTrader
12-18

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

1.

$NVIDIA(NVDA)$ will bottom this week and everyone will want in. A head and shoulders pattern is never reliable in a bull market. You really think the leading chip company in the world isn't going to participate in this rally?

$NVIDIA(NVDA)$ price targets are $154 and $170 🎯

2.

TRADE PLAN for FOMC Wednesday 📈

$.SPX(.SPX)$ another range day leading into FOMC tomorrow. If SPX can close above 6071 after FOMC we can see a key resistance test at 6100. SPX through 6100 can run to 6168+

6100C is best above 6071

$Tesla Motors(TSLA)$ setting up for 500 test by Friday. As long as TSLA defends 466 we'll see a continued uptrend

500C is best above 480

$NVIDIA(NVDA)$ looks about ready to move higher as long as 127 holds after FOMC.

NVDA 132C is best above 130

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