Option Strategies: .SPX, HOOD& TSLA

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

1.

$Tesla Motors(TSLA)$ Trade Idea: Oct 24 470C

Trigger: 440 ✅

Targets: 465, 488 🎯

Stop: No SL 🛑

TSLA reports their earnings on Wednesday.

There’s a 37 pt move priced in for earnings.

Let’s see if TSLA can get through 465 after earnings.

If TSLA reclaims 465 it will test 488 fast.

Once TSLA can reclaim 500 we will see the next squeeze higher to 700 by next year.

Stock chart of TSLA with candlestick patterns and volume bars over time. Horizontal lines mark entry at 440 trigger targets at 465 and 488. Annotations explain post-earnings move through 465 to test 488 and reclaim 500 for higher squeeze. Tesla logo visible in lower section. Watermark from EliteOptionsTrader at top right.

2.

$Robinhood(HOOD)$ Trade Idea: Oct 24 135C

Trigger: 130 ✅

Targets: 136, 140 🎯

Stop: 127 🛑

HOOD dropped from 153 to 125 in the past 8 days.

If HOOD can form a base above 117 we should see a rally back higher to 155 - 159.

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3.

$S&P 500(.SPX)$ TRADE PLAN 📈 📉

SPX bullish plan: SPX above 6640 | SPX Oct 22 6700C 📈

T: 6700, 6762 SL 6600

SPX bearish plan: SPX under 6600 | SPX Oct 22 6550P 📉

T: 6550, 6500 SL 6640

SPX had an extremely volatile week.

SPX tried to break under 6550 a few times and held.

SPX managed to close above the 6640 support level.

If SPX can reclaim 6700 we can see 6762 again.

Calls can work above 6640 this week.

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