Pre-Bell | Options Trade Ideas

  • Daily Trade Ideas

Important points to take note of before the market begins for day/scalp traders.

$SPDR S&P 500 ETF Trust(SPY)$ $S&P 500(.SPX)$

Source: TradingView

Buy Calls/Sell Puts when the price is above 449.40. Take profits when the price reaches 451.50-452.90 or anytime when you’re in profits. [Great]

Buy Puts/Sell Calls when the price is below 446.25. Take profits when the price reaches 442.20-443.75 or anytime when you’re in profits. [Great]

$Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ(.IXIC)$

Source: TradingView

Buy Calls/Sell Puts when the price is above 372.30. Take profits when the price reaches 373.35-375.10 or anytime when you’re in profits. [Great]

Buy Puts/Sell Calls when the price is below 368.88. Take profits when the price reaches 366.35-367.75 or anytime when you’re in profits. [Great]

$NVIDIA Corp(NVDA)$ $NVIDIA Bear 1.25X ETF-AXS(NVDS)$

Source: TradingView

Buy Calls/Sell Puts when the price is above 429.35. Take profits when the price reaches 433.70-436 or anytime when you’re in profits. [Great]

Buy Puts/Sell Calls when the price is below 421.30. Take profits when the price reaches 416.30-418 or anytime when you’re in profits. [Great]

Set stop-loss according to your risk appetite if you like my ideas and choose to take the triggers. Take profits early if low volume or the price action does not look good. [Victory]

 

Disclaimer: The levels given are my own opinions and not investment advice. If you choose to follow the trade, do note that you are responsible for your own money. Prioritise your own risk management, expel emotions & focus on your trading plan. [Observation]

Intraday trade strategy/guide:

  1. Trading Made Easy | Using Fibonacci to Trade Profits

  2. Introduction to J.O.I.T (1)

  3. Three Major Types of J.O.I.T(2)

Have an idea to share? Feel free to comment below.

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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.

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  • GriseldaBrown
    ·2023-08-11

    With all the restrictions, hit to our credit rating economic slowdown.....there is no way NVDA would be able to meet their earnings expectations. And even if they did their guidance isn't going to rosy.

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  • BenedictMill
    ·2023-08-11

    The possibility of seeing a strong SPY up should not be ruled out. Some of my data is leaning in that direction. So short-term perma-shorters should somewhat heed.

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  • BorgPetty
    ·2023-08-11

    How goes apple, so goes the market. 😩Too much of exposure. Look at the 100% correlation between AAPL chart and QQQ chart. Not good.

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  • fraymman
    ·2023-08-12
    Great ariticle, would you like to share it?
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  • AprilBridges
    ·2023-08-11

    So the higher the interest rates go the higher Nasdaq goes.

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  • delusion梦碎
    ·2023-08-11

    Load more QQQ call, rally to ATH

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