Option Strategies: .SPX, TSLA& META
Hello everyone! Today i want to share some option strategies with you!
1.
Trade plan for Thursday! 📈
$.SPX(.SPX)$ strong breakout above 6000 on Tuesday. SPX setting up for a key resistance at 6100 by next week.
SPX 6060C is best above 6034
$Tesla Motors(TSLA)$ setting up for 500 in the next 2 weeks. if TSLA gets through 466 tomorrow we can see 480-488
TSLA 475C is best above 466
$Meta Platforms, Inc.(META)$ through 610 can run to 633-640 in early January
META Jan 3 620C is best above 610
2.
$Tesla Motors(TSLA)$ Q4 deliveries are next week. If they beat the estimates we can see TSLA run to 500 by next Friday.
Q4 delivery estimates are set to be at 515,000 Which represents a 6% increase YoY.
TSLA will continue to have strong momentum over the next 4-5 years due to its long term opportunties with autonmous driving and artificial intelligence.
I'm bullish on TSLA for the long term. 2025 Target still remains ar $700
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