EliteOptionsTrader

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

    • EliteOptionsTraderEliteOptionsTrader
      ·07-10 13:57

      TRADE PLAN for Lotto Friday 🔥

      $S&P 500(.SPX)$ strong breakout today above the 7500 level, SPX setting up for the all time high at 7621 by next week. Keep a close eye on 7621, once it gets through it'll set up for the next leg higher to 8000. $Micron Technology(MU)$ has started to build a new base above 900 this past 2 weeks. IF MU can get through 1000 tomorrow it can pop back up near 1040-1050 MU July 10 1050C is best above 1000 $Meta Platforms, Inc.(META)$ strong breakout above 600 today. META closed above the 628 resistance. We can see META Run to 650+ next. META July 10 640C is best above 630 tomorrow Good luck tmrw everyone!! 🫡
      779Comment
      Report
      TRADE PLAN for Lotto Friday 🔥
    • EliteOptionsTraderEliteOptionsTrader
      ·07-09 14:23

      TRADE PLAN for Thursday 📈

      Make the Right Decision! Follow me! $S&P 500(.SPX)$ bounced 65 pts from the lows today. IF it reclaims 7500 tomorrow we can see another 40 pt run into Friday. SPX July 9 7500C can work above 7480 $Invesco QQQ(QQQ)$ dropped to 700 intraday and rallied up to 712 by the close. IF QQQ can get through 712 tomorrow we can see 716-722 QQQ July 10 715C is best above 712 $NVIDIA(NVDA)$ reclaimed 200 today. NVDA through 206 can test 212 next. NVDA July 24 210C is best above 210 Let's see if Tech and Chip stocks can start to rally the next 2 days. Good luck tmrw everyone!! 🫡 Follow me to learn more about analysis!!
      7231
      Report
      TRADE PLAN for Thursday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·07-08

      MU: Memory Cycle is Over and the Bubble is Popping

      The $Micron Technology(MU)$ memory cycle is over and the bubble is popping. At least that's what the market is pricing after a 25% crash in two weeks. There's just one problem: the "bubble" is sold out for the next two years. Two weeks ago $Micron Technology(MU)$ printed one of the greatest quarters in semiconductor history: $41B in revenue, up 345% YoY, 85% margins, and guidance for $50B next quarter. The stock made new ATHs at 1259... then gave back 300 points on cycle fears. But this isn't the old Micron; 16 take or pay contracts with binding price floors and $22B in customer deposits mean customers pay whether they take delivery or not. Management says margins at FLOOR pric
      3.33KComment
      Report
      MU: Memory Cycle is Over and the Bubble is Popping
    • EliteOptionsTraderEliteOptionsTrader
      ·07-08

      TRADE PLAN for Wednesday 📈

      $S&P 500(.SPX)$ continues to trade in the same range the past 5 days above 7430. SPX needs through 7540 or under 7438 to see more momentum. This is week 5 of SPX trading under the all time highs at 7621. $Micron Technology(MU)$ dropped 27% from the all time highs. If MU can form a base above 851 it can test 1000 again this month. MU above 1000 can move back to 1094,1168. MU under 851 can drop to 700. $Meta Platforms, Inc.(META)$ closed up 16 on the day. As long as META Holds 600 we should see 628 again if the Mag 7 can rally higher. Calls can work above 620 for tomorrow.
      1.15KComment
      Report
      TRADE PLAN for Wednesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·07-07

      META Buy When Nobody wants it.

      META Buy When Nobody wants it. Currently $Meta Platforms, Inc.(META)$ is back near 600 after dropping to 540 a couple of weeks ago. If 600 can hold a push to 613, 630 can come next. Get thru 630 and things can start to squeeze pushing us back to 700 in the coming weeks. Mega caps have also been gaining some momentum again, this should further help drive $Meta Platforms, Inc.(META)$ higher. META dropped ~22% from its Aug’25 highs on CAPEX fears. The market punished it for spending $135B on AI with nothing to show. That fear just became the opportunity. Meta is turning its massive AI infrastructure from a cost center into a revenue engine, and the re-rate is just starting. Me
      1.32KComment
      Report
      META Buy When Nobody wants it.
    • EliteOptionsTraderEliteOptionsTrader
      ·07-07

      TRADE PLAN for Tuesday 📈

      TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ held 7500 on the gap up and ran 50+ points above 7500. SPX to 7621 in play this month. IF SPX can breakout above 7621.. 8000 will come. SPX July 10 7600C is best above 7550 $Robinhood(HOOD)$ strong rally again today, HOOD through 120 can run to 135 HOOD July 17 125C can work above 120 $Tesla Motors(TSLA)$ had another strong day, it reclaimed 400 and ran to 417. TSLA to 434 by Friday. TSLA July 10 425C can work above 414 $Invesco QQQ(QQQ)$ if it forms a new base above 722 it can test 731 next .QQQ through 731 can pu
      1.37KComment
      Report
      TRADE PLAN for Tuesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·07-06

      Option Strategies: MU, PLTR& .SPX

      Hello everyone! Today i want to share some trading ideas with you! 1 $Micron Technology(MU)$ Trade Idea: July 10 1100C Trigger: 1000 ✅ Targets: 1058, 1100 🎯 Stop: 956 🛑 MU dropped from 1255 to 950 since earnings. If MU gives up 928 it can drop to 900, 863 next. I’d wait to see if MU can reclaim 1000 before considering calls. MU above 1000 can move back to 1058-1086 again. It may take a few more weeks before we see an easier trade for the upside for MU. The best entry for those that missed the run from April to June would be near 651. 2 $Palantir Technologies Inc.(PLTR)$ Trade Idea: July 24 135C Trigger: 125 ✅ Targets: 135, 140 🎯 Stop: 120 🛑 PLTR continued to bounce higher thi
      1.74KComment
      Report
      Option Strategies: MU, PLTR& .SPX
    • EliteOptionsTraderEliteOptionsTrader
      ·07-03

      .SPX: The VOLATILE Week

      What a VOLATILE week. $S&P 500(.SPX)$ ended up closing positive on the day while $Invesco QQQ(QQQ)$ closed down 1.7%, We're seeing more weakness in chip stocks and tech leading into the long weekend. Next week will be a big tell as the next trend in the market for July. I'll post my charts and plan on Sunday, HAGW everyone!! 🙏
      917Comment
      Report
      .SPX: The VOLATILE Week
    • EliteOptionsTraderEliteOptionsTrader
      ·07-02

      TRADE PLAN for Thursday 🎲

      TRADE PLAN for Thursday 🎲 $S&P 500(.SPX)$ very choppy day today, SPX moved from 7450 to 7521 in 90 minutes then chopped around all day. SPX needs to get through 7500 to set up for ATH at 7620. SPX July 2 7520C can work above 7500 $Robinhood(HOOD)$ setting up for 120 this month. It's been in a 6 month consolidation and it looks like its finally ending. HOOD 153 back in play this year. HOOD through 153 can run to 200 HOOD July 10 115C can work above 110 $Invesco QQQ(QQQ)$ lagging behind SPX today. Chip stocks dragging down the Nasdaq. If QQQ can get back through 731 I'd consider calls. Wait for this level. Good luc
      1.16KComment
      Report
      TRADE PLAN for Thursday 🎲
    • EliteOptionsTraderEliteOptionsTrader
      ·07-01

      MU: The Next Phase for the AI Super Cycle is Robotics

      $Micron Technology(MU)$’s hardware is the key catalyst pushing us towards the next Industrial Revolution After a 20% earnings beat and a subsequent 10% selloff, $Micron Technology(MU)$ is right back near ATHs, holding just under 1200. The overall market is finally showing strength and $Micron Technology(MU)$ looks ready to break ATHs and push towards the key psychological 1500 level. Get thru 1172 and a push to 1250 can happen fast. Thru 1250 and we see the next leg higher towards 1500 Humanoid Memory Demand 🤖 The next phase for the AI super cycle is robotics, with $MU’s CEO saying that humanoid robots carry 10x the memor
      931Comment
      Report
      MU: The Next Phase for the AI Super Cycle is Robotics
     
     
     
     

    Most Discussed