EliteOptionsTrader

Brando- Options trader for 13 years. Here to spread my knowledge and help others.

    • EliteOptionsTraderEliteOptionsTrader
      ·03-18 11:02

      TRADE PLAN for FOMC Wednesday 📈

      $S&P 500(.SPX)$ all about 6800 this week, if it gets back through it'll set up for 6880-6900 again. For now, the price action is still pretty weak. SPX under 6700 more bearish tomorrow. Puts can work under 6700 All eyes on MU earnings tomorrow. IF MU can have a positive reaction it can gap through 500. MU March 20 500C best as an earnings lotto $SanDisk Corp.(SNDK)$ setting up for 800+ in the next few weeks. Once it gets though 725 we'll see more momentum for the upside SNDK March 20 800C best above 725 Good luck and wait until AFTER Powell starts talking to consider a trade tmrw. 🫡 For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up
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      TRADE PLAN for FOMC Wednesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·03-18 11:00

      COIN is on the Verge of a 50 pt Breakout

      Hello everyone! Today i want to share some trading strategies with you! $Coinbase Global, Inc.(COIN)$ is on the verge of a 50 pt breakout and I’m looking for two key things to confirm it ✅ 1. COIN break above 212, 2. BTC break and hold above 76k, IF these 2 things align here’s my trade plan: COIN above 212 Day Trade: 3/20 215C Swing Trade: 4/17 250C Coinbase has been basing between 188-212 the last 10 sessions in conjunction with $Bitcoin(BTC.USD.HKCC)$. If COIN gets thru 212 with $BTC above 75k, buying pressure will increase squeezing price to 230 very quickly. Future Growth Drivers Operating Leverage: COIN runs a largely fixed-cost model, meaning incremental tradi
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      COIN is on the Verge of a 50 pt Breakout
    • EliteOptionsTraderEliteOptionsTrader
      ·03-17 13:49

      TRADE PLAN for Tuesday 📈

      $S&P 500(.SPX)$ held the gap up today but failed to close near the highs. SPX needs to get through 6740+ after FOMC to see a run to 6800. I'd be more cautious trading calls if SPX stays in the 6665-6740 range. $SanDisk Corp.(SNDK)$ through 725 can run to 800+ . SNDK 1000 in play if it gets through 800 this year. SNDK March 20 800C can work above 725 $Bitcoin(BTC.USD.HKCC)$ setting up for 80k if it can breakout above the 74k resistance. $COIN to 215-220 if BTC pops up 2-3k more above 74k. COIN March 20 210C is best above 200 FOMC coming up on Wednesday, Good luck tmrw everyone!! 🫡 For SG users only, Welco
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      TRADE PLAN for Tuesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·03-16

      The Only Reason I Win the Market---Luck

      $S&P 500(.SPX)$I've been profitable every single year since I started trading. Not a single red year. Here's the only reason that's possible: Luck. But not the luck you're thinking of. Luck isn't random. Luck is what happens when you've done the work and the opportunity finally shows up. I spent years preparing before the market rewarded me. Here’s exactly how I prepared for profitability: - Review every trade - Mark your levels every Sunday - Be at your desk before the open - Size down until the process is automatic - Write down your plan before you sit down to trade - Know which 3-5 tickers you're watching before the market opens Do this every day for as long as it takes. I'm also wired to win. Losing a trade doesn't break me
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      The Only Reason I Win the Market---Luck
    • EliteOptionsTraderEliteOptionsTrader
      ·03-16

      Option Strategies: MU& SNDK

      Hello everyone! Today i want to share some trading ideas with you! 1 $SanDisk Corp.(SNDK)$ Trade Idea: Mar 20 725C Trigger: 661 ✅ Targets: 700, 725 🎯 Stop: 640 🛑 SNDK ran form 517 to 671 last week. If SNDK can close above 678 it can run to 700, 725. SNDK through 725 can push to 800 quickly. Calls can work above 661 next week. 2 $Micron Technology(MU)$ Trade Idea: Mar 20 470C Trigger: 425 ✅ Targets: 455, 475 🎯 Stop: No SL 🛑 MU closed at 426 on Friday. MU to 455 in play after earnings this week. There’s a 46 pt move priced in for this earnings. If MU gets through 455, it can run to 500. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to
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      Option Strategies: MU& SNDK
    • EliteOptionsTraderEliteOptionsTrader
      ·03-16

      SPX TRADE PLAN 📈 📉

      $S&P 500(.SPX)$ SPX bullish plan: SPX above 6720 | SPX Mar 18 6800C 📈 T: 6765, 6800 SL 6700 SPX bearish plan: SPX under 6633 | SPX Mar 18 6500P 📉 T: 6550, 6500 SL 6680 SPX had a major pull back last week after moving from 6635 to 6840. SPX pulled right back to the lows from last Monday by the end of the week. SPX to 6520 in play this week. If SPX gives up this level it can drop to 6427, 6344 next. There’s still lots of weakness in the market so I’d be careful as the market trends lower here. Let’s see if SPX defends 6520 this week. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
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      SPX TRADE PLAN 📈 📉
    • EliteOptionsTraderEliteOptionsTrader
      ·03-13

      TRADE PLAN for LOTTO Friday 📈

      TRADE PLAN for LOTTO Friday 📈 $S&P 500(.SPX)$ price action much more bearish the past 2 days. SPX failed to show any signs of strength today. SPX to 6636 in play next. If SPX breaks this level 6520 in play. SPX March 13 6635P can work under 6670 $Invesco QQQ(QQQ)$ dropped from 612 to 597 today the past 2 days. IF QQQ breaks 597 it can drop to 589 and down to 580. QQQ Under 580 can cause a longer term downtrend to 540. QQQ March 13 595P can work under 597 $Micron Technology(MU)$ held up decent today with the market selling off. MU held the 400 support level. MU through 415 can move back to 425-430. Wait for 415 for
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      TRADE PLAN for LOTTO Friday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·03-12

      You Can Make Millions Trading, Just Do it

      You can make millions trading. You just need to: $S&P 500(.SPX)$ 1. Stop watching 47 indicators. 2. Pick 3–5 tickers. Max. 3. Mark your levels Sunday. 4. Wait for price to come to you. 5. Don't average down on options. Ever. 6. Size down in volatile markets. 7. Withdraw weekly. Protect your psychology. 8. Stop trading after a big loss. 9. Stop trading when you're emotional. 10. Stop trading to make back money. 11. Know why you're in every trade. 12. Define your entry before the market opens. 13. Never move your levels mid-trade. 14. Trade the plan you made in the morning. 15. Ignore the distractions between 11am and 3pm. 16. Focus on the open. That's where the money is. 17. Accept that some weeks you make nothing. 18. Accept th
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      You Can Make Millions Trading, Just Do it
    • EliteOptionsTraderEliteOptionsTrader
      ·03-12

      TRADE PLAN for Thursday 📈

      $S&P 500(.SPX)$ extremely choppy day with SPX failing to reclaim 6800. SPX dropped 60+ from the highs and closed at 6775. We have Core PCE data coming out Friday morning. SPX needs back through 6800 to start to look more bullish. This WIDER range continues into month 6 for SPX. Wait for 6800 for calls. $SanDisk Corp.(SNDK)$ setting up for a squeeze to 700-725 in the next 2 weeks. SNDK March 13 700C can work above 650 tomorow $Micron Technology(MU)$ almost ready to test ATH at 455. Earnings coming up next week as well. If MU can hold above 412 we should see 425-430 next. MU March 13 430C can work above 420 It's pos
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      TRADE PLAN for Thursday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·03-11

      Option Strategies: .SPX& QQQ

      TRADE PLAN for Wednesday 📈 $S&P 500(.SPX)$ consolidation day after a 170+ pt move higher yesterday. SPX moved to 6845 and dipped 60+ into the close. IF SPX reclaims 6800 I'd consider calls for a move to 6880+. CPI data premarket tmrw. SPX 6840C is best above 6800 $Invesco QQQ(QQQ)$ 614 is the next big resistance to get through to test 618,622. I'd swing calls through this level for another push higher this month. IF QQQ fails to hold 607 I'd avoid calls. QQQ March 13 616C is best near 614 The next big catalyst in the market will be the end of the Iran war. Once this new is official, I anticipate we'll see SPX move through 7000 and QQQ back to 629+. Good luck tmrw everyone!! 🫡 For SG users only, Welcome
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      Option Strategies: .SPX& QQQ
     
     
     
     

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