Option Strategies: TSLA, META, .SPX& QQQ
Hello everyone! Today i want to share some trading strategies with you!
1.
$S&P 500(.SPX)$ setting up for 5600 test, breaking out above 5568.. Calls working above the 5568 resistance i mentioned premarket
$Coinbase Global, Inc.(COIN)$ 283 coming next.. #bitcoin conference starting on Thursday.. COIN through 283 can run to 300
$Meta Platforms, Inc.(META)$ 500 coming 🚀
2.
$Tesla Motors(TSLA)$ Earnings Trade Idea 📈
TSLA July 26 265C ✅
Target 1 268
Target 2 278
$Tesla Motors(TSLA)$ is close to breaking out of a 12-month consolidation if it closes through 268 after earnings. TSLA through 268 can run to 300+ this year.
3.
Trade plan for Wednesday ✅
$S&P 500(.SPX)$ reversed 30 pts lower into the close today. SPX can continue to trade in a wider range from 5500-5600 leading into FOMC next week. Be patient for now.
$Invesco QQQ(QQQ)$ can test 475 by Thursday. Puts can work under 480 for tomorrow. We can see a gap fill at 468 next week
$Meta Platforms, Inc.(META)$ under 485 can drop to 474. puts can work under 485 over the next 2 days.
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https://x.com/EliteOptions2
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