Option Strategies: TSLA, NVDA& .SPX
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for Wednesday 📈
$.SPX(.SPX)$ if we see a positive reaction to the election. SPX can gap through 5800 and run to 5848.
SPX 5830C can work above 5800
$NVIDIA Corp(NVDA)$ above 140 can test 144 by Friday.
142C is best above 140 this week
$Tesla Motors(TSLA)$ 271 test can come within the next week. Lets see if TSLA reclaims 258 tomorrow
260C can work above 252
2.
Understanding when to Size UP and DOWN is they key differentiator between an amateur and pro trader.
The next time $NVIDIA Corp(NVDA)$ closes above 140, I see a explosive move that could offer a big opportunity to grow your account 💰
If we get either of these setups this week, I’m ready to take a BIG shot:
1. If NVDA breaks and hold above 140, I’ll buy $NVIDIA Corp(NVDA)$ Nov 15 143C
2. If NVDA dips to 131 and hold, I'll buy $NVIDIA Corp(NVDA)$ Nov 15 134C
3. If NVDA breaks below 131 I'll buy NVDA Nov 15 126P
Follow me to learn more about analysis!!
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