EliteOptionsTrader
EliteOptionsTrader
Brando- Options trader for 13 years. Here to spread my knowledge and help others.
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TRADE PLAN for Wednesday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ $S&P 500(.SPX)$ much weaker today compared to $Invesco QQQ(QQQ)$. SPX closed the day -45 with QQQ almost flat. SPX failed to hold the 7700 support level. It's a risk off for the upside as long as SPX stays under 7700. $Micron Technology(MU)$ gapped up and touched 1040 but dropped to 1000 by the close. MU need t o defend the 1k support level otherwise it can drop another 20-30 pts again. $Robinhood(HOOD)$ if it holds near 116 over the next 2 days I'd start looking at calls again for a move back up to 125. We need to see BTC back ab
TRADE PLAN for Wednesday πŸ“ˆ

.SPX& QQQ: The Value of Technical Chart

This is how I print money every week: - $S&P 500(.SPX)$ or $Invesco QQQ(QQQ)$ setting the direction on the daily and weekly chart. - Price pulling back to a key level I marked Sunday. - Level holds with a clean reaction. - Context confirms the broader market is aligned. - Enter only when the setup is undeniable. Focus on 3-5 tickers you know inside out. Rinse and repeat every single week.
.SPX& QQQ: The Value of Technical Chart

Option Stratgies: MU, MSTR& .SPX

Hello everyone! Today i want to share some trading strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7700 | SPX Sept 9 7750C πŸ“ˆ T: 7759, 7800 SL 7661 SPX bearish plan: SPX under 7700 | SPX Sept 9 7650P πŸ“‰ T: 7650, 7638 SL 7720 SPX had a volatile week after dropping to 7611 into Tuesday then moving up to 7750 by Friday. As long as SPX can form a new base above 7700 this week we can see 7816 in the next 8 trading days. SPX through 7816 can run to 8000. Calls can work above 7700 this week. If SPX gives up 7700, avoid calls. 2 $Strategy(MSTR)$ Trade Idea: Oct 31 170C Trigger: 137 βœ… Targets: 151, 170 🎯 Stop: 127 πŸ›‘ MSTR had another big breakout t
Option Stratgies: MU, MSTR& .SPX

TRADE PLAN for LOTTO FRIDAY πŸ“ˆ

TRADE PLAN for LOTTO FRIDAY πŸ“ˆ $S&P 500(.SPX)$ new all time highs in play by next week if we get a positive reaction to NFP data tomorrow and CPi next Friday. Calls can work 7750 tomorrow. $Invesco QQQ(QQQ)$ all about 715 this month, if it starts to form a new base above 715 we can zee a push to 722,728. $Strategy(MSTR)$ big breakout today with $Bitcoin(BTC.USD.CC)$ above 80k BTc to 100k coming again. $Strategy(MSTR)$ possible we see 200 if BTC runs to 100k. Calls can work above 140 for MSTR.
TRADE PLAN for LOTTO FRIDAY πŸ“ˆ

TRADE PLAN for Thursday πŸ“ˆ

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.
TRADE PLAN for Thursday πŸ“ˆ

.SPX: 3 Distinctive Market Conditions

The last two times the Fed hiked in a midterm September: one crash, one bottom. Round three is in two weeks, here’s how to trade into the event πŸ‘‡ $S&P 500(.SPX)$ closed at 7,631, its lowest level since August 4, after losing the 7,650-7,700 zone it defended for two weeks. Oil is surging on the Strait of Hormuz escalation, the 10-year is pressing 4.8%, and rate markets flipped to pricing a September hike. Jobs Friday, then FOMC mid-month. Three paths from here. Scenario #1: The September Flush Oil and yields don’t let up and the breakdown follows through. $SPX loses 7,600, bounces get sold, and the flush runs to 7,500 (roughly 4% off the highs) where the market finally bottoms out. If the midterm playbook holds, that’s the low o
.SPX: 3 Distinctive Market Conditions

TRADE PLAN for Wednesday

Sharp sell off today in $S&P 500(.SPX)$ and $Invesco QQQ(QQQ)$ after the gap down. $S&P 500(.SPX)$ 7620 is a key support level.. if this level fails we can see a sell off to 7580,7550 next. Puts can work under 7620 tomorrow. I'd wait for 7700 for calls. $Invesco QQQ(QQQ)$ if 702 breaks we can see a flush to 693. Puts can work under 702. There's been more escalation in the Iran war and the Treasury yields + Oil are also rising. Lots of headwinds over the next 2 weeks. Risk off for now as long as $SPX stays under 7700 and
TRADE PLAN for Wednesday

.SPX: The Market Will Follow the History

Boomers are rich because they’ve collected a free 2,000% return over 76 years. Here’s how you can grow your portfolio just like them πŸ‘‡ Every midterm since 1950 $S&P 500(.SPX)$ has never once failed to rally the following year. But first, the market makes you bleed for it SEPTEMBER: THE FLUSH Worst month on the calendar. βˆ’0.76% average since 1960, and midterm years hit harder. Every red headline between now and November 3 is designed to make you sell the bottom SEPT-OCT: THE TRAP DOOR Midterm lows hit here, before the vote, not after. 2022 bottomed October 12, then ran 14% in twelve months to new highs. 2018 stretched the pain to December 24. Scale in. Don’t lump in POST-ELECTION: THE PAYOFF 19 for 19. Average returns between 12
.SPX: The Market Will Follow the History

Trading Strategies: MSTR

Hello everyone! Today i want to share some option strategies with you! $Strategy(MSTR)$ Trade Idea: Sept 11 135C Trigger: 127 βœ… Targets: 137, 151 🎯 Stop: 122 πŸ›‘ MSTR ran from 118 to 139 last week. MSTR closing at 127 on Friday as BTC rejected at the 80k resistance. If BTC can breakout above 80k in the next 2 weeks, MSTR can move back up to 151. Calls can work above 127 for this week.
Trading Strategies: MSTR

TRADE PLAN for Wednesday πŸ“ˆ

Hello everyone! Today i want to share some trading ideas with you! TRADE PLAN for Wednesday πŸ“ˆ Another consolidation day today as expected before PCE data premarket tmrw + NVDA earnings after hours. SPX needs 7700 and $Invesco QQQ(QQQ)$ above 715 to trigger more bullish movement. Wait for these levels to align. If SPX fails to hold 7600 and QQQ breaks 700 after Jackson Hole we can see the market make a deeper correction. $Robinhood(HOOD)$ closed up 8% today, it's been basing for almost a year. If it holds 100 into September we can see a push to 120-125 next. Calls can work above 110 this week. $Micron Technology(MU)$ an
TRADE PLAN for Wednesday πŸ“ˆ

TRADE PLAN for Tuesday πŸ“ˆ

Hello everyone! Today i want to share some trading strategies with you! TRADE PLAN for Tuesday πŸ“ˆ $S&P 500(.SPX)$ 7 days of consolidation since touching the ATH at 7816. Let's see if SPX tests the 7620 level before a bottom forms. I don't see any real signs of strength in SPX or $Invesco QQQ(QQQ)$ yet. QQQ can fill the gap near 701 next. If we see a quick flush to 693 this week, this should mark a short term bottom. BE patient and wait until after Core PCE/NVDA earnings before taking any bigger trades this week. $SanDisk Corp.(SNDK)$ dropped 200 points from last night's highs at the open on Sunday. SNDK held at 14
TRADE PLAN for Tuesday πŸ“ˆ

Option Strategies: MU, MSTR& .SPX

Hello everyone! Today i want to share some option strategies with you! 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7700 | SPX Aug 25 7750C πŸ“ˆ T: 7759, 7800 SL 7661 SPX bearish plan: SPX under 7620 | SPX Aug 25 7550P πŸ“‰ T: 7578, 7550 SL 7661 SPX dropped 150 points from last week's highs. SPX almost dropped to the previous all-time high near 7620 this past week. If SPX can start to carve out some higher lows above 7660 this week and reclaim 7700 we can see a push back to 7800 again. Fed Chair Warsh is speaking at Jackson Hole on Friday. This can be the big catalyst for the week. 2 $Strategy(MSTR)$ Trade Idea: Aug 28 125C Trigger: 120 βœ… Targets: 127, 137 🎯 S
Option Strategies: MU, MSTR& .SPX

TRADE PLAN for LOTTO Friday πŸ“ˆ

TRADE PLAN for LOTTO Friday πŸ“ˆ Next is OPEX. Expect to see more volatility. SPX failed at the 7700 level and dropped 50+ points today. SPX can test the previous ATH at 7620 next. If this levels fails another 70 pt drop possible. QQQ needs to get back above 715 to test 722 next. $Micron Technology(MU)$ lots of relative strength today. MU to 1000 in play tomorrow if memory stocks can rally. MU Aug 21 990C can work above 970 $Marvell Technology(MRVL)$ winding up for a move to 300 next. IF MRVL can get through 250, I'd consider the Aug 21 255C. QQQ 700-707 is the buy range for a swing long to 726-728 again. IF you see a dip here I'd start loading up calls as well. SPX near 7620 is
TRADE PLAN for LOTTO Friday πŸ“ˆ

TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for Thursday πŸ“ˆ $S&P 500(.SPX)$ another consolidation day today near 7700. SPX needs to get back above 7745 to start looking at calls. if SPX starts to fail, we can see 7620 again. $Invesco QQQ(QQQ)$ is stuck under 722, once it reclaims this level it can pop back up to 726-730. If 712 fails it can drop to 707. $Bitcoin(BTC.USD.CC)$ finally starting to show some signs of life after ten months of consolidation. IF BTC can reclaim 72k it can move to 80k again. $Strategy(MSTR)$ to 115-120 if BTC runs to 72k this month. Chip and memory stocks a
TRADE PLAN for Thursday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ

TRADE PLAN for Wednesday πŸ“ˆ $S&P 500(.SPX)$ previous ATH at 7620 in play before a bottom forms. SPX gave up the 7700 support today after holding it for 9 days. Chip and memory stocks lead the move lower today as well. $Invesco QQQ(QQQ)$ possible it fills the gap near 707 before a bottom forms too. IF it can't reclaim 722 tomorrow, we can see more downside as well. Let the market drop for now. $Micron Technology(MU)$ needs a push back above 1000 to set up for 1250. We saw MU move from low 700's to 1035 in 3 weeks. Let's see if it can find a base above 900 this month.
TRADE PLAN for Wednesday πŸ“ˆ

BTC: The Price is Off 50%, Why Nobody's Buying?

Everyone begged for a $Bitcoin(BTC.USD.CC)$ dip. It's here, 50% off, and nobody's buying. $Bitcoin(BTC.USD.CC)$ is back above 64k, up from the 58k low it tagged in June. It's sitting almost 50% under the October ATH near 126k; the exact discount everyone said they wanted. If bulls can push it back above 74k it'll signal a more risk-on environment for crypto and broader markets as a whole. If it stays under 74k crypto will continue to consolidate. If $Bitcoin(BTC.USD.CC)$ fades under 60k and trends towards 50k, it could trigger another larger selloff within crypto. Key Catalysts ETF flow reversal: S
BTC: The Price is Off 50%, Why Nobody's Buying?

What's the Strategies of LITE

$Lumentum(LITE)$ is caught right in the middle of the new Cold War, and strategic rare earths are the ammo $Lumentum(LITE)$ CEO Michael Hurlston just said that there's still a 30% gap between EML supply and demand, but China decides whether or not it closes. Despite this shortage, $Lumentum(LITE)$ finally broke out of a months long downtrend, bouncing off of hard support near 600. Through 1000 and bulls will push it straight into 1140, and a $100B MCAP. If Pax Silica can't secure a viable alternative to Chinese strategic rare earths, $Lumentum(LITE)$ can fad
What's the Strategies of LITE

TRADE PLAN for Tuesday πŸ“ˆ

TRADE PLAN for Tuesday πŸ“ˆ $S&P 500(.SPX)$ just finished up day 9 of consolidation above 7700. SPX needs to get through that 7800 level with conviction to see a push to 7900 then 8000. Let's see if any positive news comes this week. $Invesco QQQ(QQQ)$ all about 737.. Through this level it runs to the ATH at 748. $Micron Technology(MU)$ touched 1036 and dropped to 1011 by the close. As long as 1000 holds.. We'll see 1250+ again by September. $SanDisk Corp.(SNDK)$ wants to run to 2000 as well. Both of these names are winding up for a melt up.
TRADE PLAN for Tuesday πŸ“ˆ

Option Strategies: MU, SNDK& .SPX

Hello everyone! Today i want to share some trading ideas with you! 1 $S&P 500(.SPX)$ TRADE PLAN πŸ“ˆ πŸ“‰ SPX bullish plan: SPX above 7800 | SPX Aug 19 7850C πŸ“ˆ T: 7850, 7870 SL 7770 SPX bearish plan: SPX under 7700 | SPX Aug 19 7620P πŸ“‰ T: 7620, 7600 SL 7730 SPX ran to 7817 this past week but failed to close above the 7800 resistance. SPX finished up its 8th day of consolidation since FOMC. SPX needs to get through 7800 to set up for a move to 8000 this year. Calls can work above 7800 this upcoming week. If SPX gives up 7700 it can drop to 7620 again. Puts can work under 7700 this month. 2 $SanDisk Corp.(SNDK)$ Trade Idea: Aug 21 1800C Trigger: 1600 βœ… Targets: 1750, 1800 🎯 Sto
Option Strategies: MU, SNDK& .SPX

TRADE PLAN for LOTTO Friday πŸ”₯

TRADE PLAN for LOTTO Friday πŸ”₯ $S&P 500(.SPX)$ printed a new all time high at 7817 today but failed to close above the 7800 resistance. It looks like SPX is winding up for a move to 8000. Calls can work above 7800 for tomorrow. Lots of strength in the NASDAQ- $Invesco QQQ(QQQ)$ today too. QQQ got through the 728 resistance. If it holds 728 into next week.. 748 in play before August ends. $Micron Technology(MU)$ got through 930 today and ran to 978. MU to 1000 should come as long as 930 holds over the next few trading days. Calls can work above 950 tomorrow. $San
TRADE PLAN for LOTTO Friday πŸ”₯

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