TRADE PLAN for Thursday 📈

EliteOptionsTrader
09-03

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

The price action in both $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$is getting tighter this week. We should see an expansion out of this range in the net 2 days. If you see $SPX reclaim 7700 and $Invesco QQQ(QQQ)$ reclaims 712, it's RISK ON for the upside.

$S&P 500(.SPX)$ to 7745-7550 and $Invesco QQQ(QQQ)$ to 715-718 in play once the levels above line up.

$Dell Technologies Inc.(DELL)$ up 15% after earnings today. Possible this runs to the all time high at 514 by Friday. IF you see a dip near 480 tomorrow I'd consider calls.

$NEBIUS(NBIS)$ is also winding up for a push to 220 if it can defend 200 into Friday. Calls can work above 200 for NBIS.

The big events for September is CPI on Sept 11 and FOMC on Sept 16th. After the 16th we'll see a much bigger move in the market.

Good luck everyone!! 🫡

Options Hub
Welcome to Tiger Options Hub! Here you may talk and learn about all things on options trading!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
7