Option Strategies: .SPX, TSLA& MSTR
Hello everyone! Today i want to share some option strategies with you!
1.
Premarket TRADE PLAN ✅
$.SPX(.SPX)$ bigger gap down this AM. SPX to 5800 in play if it fails to hold the 5848 support level. Puts can work under 5848 for today
$Tesla Motors(TSLA)$ still needs a bit more time to consolidate before it sets up again for a run to 363+. Let's see if it can form a base above 334 over the next 2 days first before considering calls
$MicroStrategy(MSTR)$ to 400 next. If MSTR can close through 400 it can run another 30 pts. Calls can work above 380 this week
2.
$.SPX(.SPX)$ unless it gets back near 5880-5900 range, Id avoid calls for now, SPX still trying to find a bottom here in this range above 5848
$Invesco QQQ(QQQ)$ down less than 2 on the day now, if it can reclaim 500 we can see 504, still a bit volatile here between 493-500
$Netflix(NFLX)$ looks like 900 in play this month if it can breakout above 863 this week
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