Option Strategies: .SPX, NVDA& QQQ
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for Thursday 📈
$S&P 500(.SPX)$ day 10 of consolidation above 5670. The longer we see this constructive basing, the bigger the move will to the upside this month. I'd stay bullish above 5670
$NVIDIA Corp(NVDA)$ above 120 can test 123-126 in the next 2 weeks.
120C is best as a lotto over the next 2 days
$Invesco QQQ(QQQ)$ if it can reclaim 484 we can see a key resistance test at 488 again
486C can work above 484
2.
$NVIDIA Corp(NVDA)$ is the LARGEST position in my portfolio. I have an 8 figure position that I will hold over the next five years. 🐂
NVDA is at the forefront of the AI revolution and they just partnered with Accenture to accelerate their AI adoption. NVDA can breach above a $10 trillion valuation before the end of this decade. We're just at the tip of the iceberg when it comes to AI with its capabilities and potential. Its on the verge of becoming more mainstream in the average person’s daily life. I'm backing up my thesis with my own money. Let's ride! 🚀
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https://x.com/EliteOptions2/status/1841649692826038359
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