EliteOptionsTrader

Brando- Options trader for 13 years. Here to spread my knowledge and help others.

    • EliteOptionsTraderEliteOptionsTrader
      ·03-05 13:02

      TRADE PLAN for Thursday 🔥

      $S&P 500(.SPX)$ relief rally today after a 200+ points sell off the past 4 days. SPX 6900-6921 will be a hard resistance to break above but if it gets through 7000 test incoming. SPX needs a macro catalyst to break above 7k and hold. SPX March 5 6920C can work near 6900 $Meta Platforms, Inc.(META)$ broke out above 663 and touched 672. META to 680-685 in play as long as 663 holds tomorrow. META March 6 675C can work above 668 tomorrow $Micron Technology(MU)$ reclaimed 400 today if it defend this level into Friday, MU to 420-425 in play by next week. MU March 6 410C can work above 400 Good luck tmrw everyone!! 🫡 For SG users only, Welcome to open a CBA today and
      59Comment
      Report
      TRADE PLAN for Thursday 🔥
    • EliteOptionsTraderEliteOptionsTrader
      ·03-04 22:00

      TRADE PLAN for Wednesday

      $S&P 500(.SPX)$ 130 pt bounce from the lows but still need to get back above 6900 to look more bullish this month. Let's see if SPX can defend 6800 tomorrow. SPX March 4 6860C can work above 6820 $Meta Platforms, Inc.(META)$ very close to a bigger breakout once it gets through 663. META 680,700 in play this month once it gets through 663 META March 6 670C can work above 663 $Micron Technology(MU)$ still in a consolidation period after the run to 455 we saw in late Jan. If MU can base above 363 we should see a push back above 400. Calls can work above 380 tomorrow as a lotto. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of u
      281Comment
      Report
      TRADE PLAN for Wednesday
    • EliteOptionsTraderEliteOptionsTrader
      ·03-04 21:59

      ORCL down ~60% Is This Finally the Bottom? 🤔

      $Oracle(ORCL)$ Oracle has retraced roughly 60% from last year’s highs, following the broader software sell-off. Price now basing around 137 support. If Oracle posts stellar earnings next week with clarity around debt repayment, it could run quickly back toward 200, with a possible pre-earnings squeeze into 165. Recent News & Developments + Management signaling stronger cloud growth + services uptake + Ongoing cost optimization initiatives to improve margins + Strategic focus on high-value enterprise contracts + Debt repayment transparency likely a catalyst this quarter Growth Opportunities + Cloud & SaaS Expansion: Oracle Cloud Infrastructure continues gaining enterprise adoption across data, analytics, and apps + AI Adoption: Integration
      4.19KComment
      Report
      ORCL down ~60% Is This Finally the Bottom? 🤔
    • EliteOptionsTraderEliteOptionsTrader
      ·02-27

      TRADE PLAN for Lotto Friday 🔥

      TRADE PLAN for Lotto Friday 🔥 $S&P 500(.SPX)$ tried to break under 6900 again today but closed above again. SPX dropped to 6859 and moved back above 6900. SPX needs to get thru 6921 to test 6962-7000 range. SPX Feb 27 6940C is best above 6921 $Meta Platforms, Inc.(META)$ closed green with the market lower. IF META can get through 663 it can run to 680,700. META Feb 27 660C best as a lotto above 657 tmrw. $Invesco QQQ(QQQ)$ massive dip from 619 after hours yesterday. It dropped to 604 today. If QQQ can reclaim 614 it can retest 618,622. QQQ Feb 27 612C can work above 610 The market continues to trade in a LONG range for 4+ months. Let's see if we get more momen
      328Comment
      Report
      TRADE PLAN for Lotto Friday 🔥
    • EliteOptionsTraderEliteOptionsTrader
      ·02-23

      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 69
      1.64K1
      Report
      Option Strategies: .SPX, MU& META
    • EliteOptionsTraderEliteOptionsTrader
      ·02-21

      Option Strategies: The Reality of Trading

      The reality of trading? $S&P 500(.SPX)$ You can be completely right and still lose money. > Price hits your exact level > Does what you thought it would > Then stops you out anyway before the move actually happens Just how it goes sometimes. Trading is about having something that works when you do it a hundred times. One trade doesn't tell you anything. 20 trades? 50? That's when you start seeing if you actually have an edge or if you just got lucky. Consistent traders don't care about landing one huge winner or having one good month. We care about not blowing up, trading the same thing every time, not losing our mind when trades go against us and making money most months. Anyone can screenshot one big win. Show me six green months in
      351Comment
      Report
      Option Strategies: The Reality of Trading
    • EliteOptionsTraderEliteOptionsTrader
      ·02-20

      Option Strategies: .SPX, QQQ& META

      Hello everyone! Today i want to share some trading strategies with you! 1. TRADE PLAN for LOTTO Friday 📈 $S&P 500(.SPX)$ another day of CHOP. SPX needs 6900 otherwise avoid calls. Once SPX reclaims 6900 and holds this level.. 7000 will come again. $Meta Platforms, Inc.(META)$ closed right near the 645 breakout level. If META can get through 645 we can see 665-670 in the next 2 weeks. META Feb 27 660C is best above 645 $Invesco QQQ(QQQ)$ still isn't ready for a break higher, it needs to close near 610 on a daily candle to set up for 618+. If QQQ gives up 600 it will be much more bearish for the market. Core PCE data premarket tmrw. Good luck tmrw everyone!! 🫡 2
      1.57KComment
      Report
      Option Strategies: .SPX, QQQ& META
    • EliteOptionsTraderEliteOptionsTrader
      ·02-19

      TRADE PLAN for Thursday 📈

      $S&P 500(.SPX)$ rejected at 6900 today but managed to hold near 6880 into the close. SPX needs to reclaim 6900 to set up for 7000 by the end of next week. SPX Feb 20 6920C is best above 6880 tomorrow $Micron Technology(MU)$ setting up for 455 by next week. Calls can work above 425 tomorrow. If MU gets through 455... 500 coming FAST. MU Feb 20 435C is best above 425 $Invesco QQQ(QQQ)$ still has some weakness compared to other sectors. Tech has been lagging all year. QQQ needs back above 610 to run to 614,618 next. Core PCE data coming on Friday. Good luck tmrw everyone!! 🫡 For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to
      283Comment
      Report
      TRADE PLAN for Thursday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·02-18

      TRADE PLAN for Wednesday 📈

      $S&P 500(.SPX)$ printed a low at 6775 but managed to rally to 6866 intraday. If SPX can move back above 6870 and reclaim 6900 this week we can see 7000 again by the end of next week. $NVIDIA(NVDA)$ earnings coming on Feb 25th. $Invesco QQQ(QQQ)$ dropped to 593 and rallied to 604 intraday. QQQ needs back through 607 to start a rally to 614-618. $Meta Platforms, Inc.(META)$ 645 is an important level to reclaim to set up for a bounce to 670-680 META Feb 20 655C is best above 645 We still have FOMC minutes and Core PCE data coming up this week. Good luck everyone!! 🫡 For SG users only, Welcome to open a CBA today and enjo
      330Comment
      Report
      TRADE PLAN for Wednesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·02-18

      SPX 4 month Range.. When will it end? 🤔

      $S&P 500(.SPX)$ has been trading in a wide range between 6700-7000 since the beginning of December. The questions many traders are asking is when will the market break out of this range and see a continuation move? Let’s dive into 3 possible scenarios the market could do going into the next couple of weeks Scenario #1: Bearish Continuation Move SPX ends up failing to hold 6700 and sees an aggressive move to 6666. Market tries to hold but tech continues to sell off dropping SPX to 6500 where we start to bottom out. Scenario #2: Chop Continues SPX retests 6700 getting bears excited again but fails to break down aggressively moving back to the 6880 level. Market tries to break higher above 6990 in the coming sessions but fails to do so. Market re
      3.72K1
      Report
      SPX 4 month Range.. When will it end? 🤔
       
       
       
       

      Most Discussed