Option Strategies: SOFI, SPY,. SPX& MU
Hello everyone! Today i want to share some option strategies with you!
1.
Santa Claus rally starting this week? Based on historical data, this is where it begins seasonally. Probs low volume the next two weeks, but the market could still push up.
$.SPX(.SPX)$ / $SPDR S&P 500 ETF Trust(SPY)$ target of 6100 / 610
Looking at buying January calls or call debit spreads to play a potential move.
2.
Not a lot of earnings this week, but got our 👀 on a few tickers for Optionselling trades. Targeting the following put strikes.
- $Micron Technology(MU)$ 84 and 96
- $Nike(NKE)$ 65 and 70
- $FedEx(FDX)$ 235, 245, and 255
3.
$SoFi Technologies Inc.(SOFI)$ consolidating on the daily timeframe and building volume support at the 15.50-16 level.
Am looking at optionselling puts targeting strikes in the 13-15 range, and might buy calls to play next earnings release.
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