Option Strategies: .SPX, MU& META

Hello everyone! Today i want to share some trading strategies with you!

1.

$Micron Technology(MU)$ Trade Idea: Feb 27 440C

Trigger: 424 ✅

Targets: 442, 455 🎯

Stop: 412 🛑

MU moved from 394 to 430 this past week.

MU to 442,455 in play this week if it holds above 424.

Calls can work above 424. MU through 455 can run to 500+.

Image

2.

$Meta Platforms, Inc.(META)$ Trade Idea: Feb 27 665C

Trigger: 652 ✅

Targets: 663, 672 🎯

Stop: 640 🛑

META bounced from 627 to 663 this past week .

If META can get back thought 663 it can test 672, 680.

Calls can work above 652 or through 663 at some point this week.

Image

3.

$S&P 500(.SPX)$ TRADE PLAN 📈 📉

SPX bullish plan: SPX above 6921 | SPX Feb 25 6980C 📈

T: 6962, 7000 SL 6900

SPX bearish plan: SPX under 6850 | SPX Feb 25 6800P 📉

T: 6824, 6800 SL 6870

SPX had a very choppy week last week.

SPX printed a low at 6775 and ended up closing at 6909 on Friday.

If SPX can get back through 6921 it’ll set up for 7000 again.

Calls can work above 6921 this week. NVDA earnings on Wednesday will influence the direction of the market.

If SPX fails at 6765 it can drop to 6720, 6700 next.

Image

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

• 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

• How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.