Option Strategies: .SPX, QQQ& NVDA
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for Thursday ✅
$.SPX(.SPX)$ 13 consecutive days of consolidation above 5767. SPX is forming a longer base leading into the Election/FOMC next week. BE PATIENT. The market isn't ready for a move higher yet. It needs 5872
$Invesco QQQ(QQQ)$ tested 500 multiple times in the past 2 weeks but failed to get through. QQQ if it back tests near 493 and holds we can see 500 by Monday
495C can work near 493
$NVIDIA Corp(NVDA)$ 8 days of consolidation near 140. NVDA above 145 can run to 163+ this year. Be patient, it's not quite ready yet.
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