Option Strategies: NVDA, .SPX& AVGO
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for Tuesday 📈
$.SPX(.SPX)$ printed a higher low at 5902 today on the daily chart. SPX setting up for 6000 test this week. IF SPX reclaims we can see 6100 in early January
SPX Dec 27 6000C best above 5973
$NVIDIA(NVDA)$ above 140 can run to 144,149 in January. NVDA much more bullish if it reclaims 140
NVDA Jan 3 142C best above 140
$Broadcom(AVGO)$ setting up for 250-254 if it can defend the 230 support level over the next 3 days.
AVGO 235C is best above 230
2.
$NVIDIA(NVDA)$ on the verge of a bigger breakout, Don't miss it. NVDA has many catalysts for Q1 2025. 📈
1. January 5th Vegas- There will be a keynote from NVDA CEO Jensen Huang
2. February 26th $NVIDIA(NVDA)$ earnings- Blackwell Demand and Data center revenue will only increase
3. NVDA 6 month consolidation- We can breakout once it closes through the technical resistance at 140
4. March 2025 NVDA GTC GPU Technology Conference Santa Clara
This may be your last chance to buy $NVDA in this range from 127-140. The next leg higher will send this back to all time highs at 153 and up to 170 next.
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