Hello everyone! Today i want to share some option strategies with you!
$S&P 500(.SPX)$ made the red to green move today and held. SPX tried to break under 7400 a few times and couldnt do it either. Its like all time highs coming again soon. SPX to 7500+.
SPX May 22 7490C can work above 7460 tomorrow
$SanDisk Corp.(SNDK)$ up 150+ points today. SNDK to 1600 inbound. If We see SNDK through 1600 it can run another 200+ points.
SNDK May 22 1600C can work above 1560
$Micron Technology(MU)$ winding up for a move ot 800 if it can get through 765 in the next 2 days.
MU May 22 790C is best above 765 as a lotto
$Invesco QQQ(QQQ)$ bounced 17 pts from the 700 level after testing it early this week. IF QQQ can get back through 717.. ATH at 722 comes quickly.
Good luck tmrw everyone!! ๐ซก
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