Option Strategies: .SPX, TSLA& NVDA
Hello everyone! Today i want to share some option strategies with u!
1.
TRADE PLAN for Thursday 📈
$.SPX(.SPX)$ big gap up today after CPI. SPX setting up for 6000 test in the next 2 days if it can continue to defend the 5938 support level.
SPX 5980C is best above 5960
$Tesla Motors(TSLA)$ 429 breakout level for a run to 450+ next. Watch 429 closely
TSLA 440C is best above 429
$NVIDIA(NVDA)$ looks like it's finally found a bottom above 132. If NVDA holds above 136 we can see 140+ by next week
NVDA Jan 24 140C is best above 136
2.
I own $3 million in $Tesla Motors(TSLA)$ stock.. In one year I will sell this position for over $6M. Why did I buy so much TSLA? 🤔
$Tesla Motors(TSLA)$ has been a 3 year consolidation. It moved to $414 in 2021 and recently revisited this level again in December. TSLA is now forming a new base above 363. When TSLA starts this next 3 year bull run we can see TSLA run to $900+
Elon Musk has aligned himself with the Trump administration and we will see policies that benefit Elon's companies and the EV industry. Everything that Elon has been involved in has turned into gold. Paypal, SpaceX, Tesla, X, Boring Company, and others.
Betting against Elon is betting against the future and who wants to be on the wrong side of history. Who wants to be short on one of the greatest minds of our generation. Not me. I'm bullish and will hold all my shares for the next few years.
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