Trade plan for Thursday: SPX, NVDA, COIN
Price Target Upgrade on $NVIDIA Corp(NVDA)$ from $795 to $1000
$NVIDIA Corp(NVDA)$ settled +2.0% to $870.39. Impressive, if helped by Morgan Stanley, overweight, 795>1000
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Trade plan for Thursday:
$S&P 500(.SPX)$ volatile day after a 50+ pt gap down. SPX if it closes under 5147 we can see a sell off to 5100. Puts can work under 5147. I'd wait for 5179 for calls.
$NVIDIA Corp(NVDA)$ relative strength today.. +16 on the day with SPX down 49. 900 im play if it closes above 875 900C can work above 975.
$Coinbase Global, Inc.(COIN)$ setting up for 276-300 in the next 4 weeks if #bitcoin can move to 73-75k soon. 260C can work above 250.
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Premarket plan
$S&P 500(.SPX)$ watch 5179 today if it can get through this level we can see 5200 test by tomorrow. Calls can work above 5179
$Microsoft(MSFT)$ 431 is a breakout level for a move to 450+. Calls can work above 431 over the next 2 days
$NVIDIA Corp(NVDA)$ as long as 867 holds we should see 900 by next week. Calls can work above 867