TRADE PLAN for Oct 13th ✅

EliteOptionsTrader
10-13

$S&P 500(.SPX)$ big gap up this morning, if SPX fails to reclaim 6640 we can see a reversal back lower to 6600,6552 again. I'd stay bearish under 6640 this week.

$Invesco QQQ(QQQ)$ if it fails to reclaim 603 we can see a pull back to 597,593 again. Puts can work under 600 for today

$Meta Platforms, Inc.(META)$ . to 700 in play if it breaks under 710. Puts can work under 710 or 700 this week. I'd wait for 731 before considering calls.

Expect to see lots of volatility.

$S&P 500(.SPX)$ back above 6640 so far today, lets see if it can hold, $Invesco QQQ(QQQ)$ +11 on the day , back above 600.. through 603 can run to 606,610

$Oracle(ORCL)$ strong price action.. we should see this back at 345 in November, Best to hold above 300.

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