Option Strategies: .SPX, MSFT& QQQ
Hello everyone! Today i want to share some option strategies with you!
1.
Trade plan for Wednesday 📈
$S&P 500(.SPX)$ sharp sell off after breaking 5600 today. SPX can fill the gap at 5463 next if it breaks under 5500
5470P is best under 5500 this week.
$Microsoft(MSFT)$ can test 400 by Friday if it fails to hold 408
400P can work under 408
$Invesco QQQ(QQQ)$ 451 in play next if it can't reclaim 465 by Thursday. Puts can work under 460 for tomorrow
2.
Big sell off today with $S&P 500(.SPX)$ almost at ATH on Friday and dropping 140+ points. Non farm payrolls report on Friday can send SPX to 5400 or back above 5600 leading into next week. As long as SPX Holds a higher low above 5400 on this current dip we can still see SPX to 5800+ by October.
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https://x.com/EliteOptions2/status/1831155118181654715
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