Option Strategies: TSLA, HOOD& .SPX
Hello everyone! Today i want to share some trading strategies with you!
1.
$S&P 500(.SPX)$ TRADE PLAN 📈 📉
SPX bullish plan: SPX above 6921 | SPX Dec 31 6960C 📈
T: 6962, 7000 SL 6900
SPX bearish plan: SPX under 6900 | SPX Dec 31 6850P 📉
T: 6870, 6849 SL 6921
SPX printed a new all time high at 6945 on Friday.
SPX to 7000 in play this week if can hold the 6900 support level.
Calls can work above 6921.
I’d avoid calls under 6900.
If SPX gives up 6900, I’d watch to see if it can hold 6870 before considering calls.
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2.
$Robinhood(HOOD)$ Trade Idea: Jan 2 115P
Trigger: 117 ✅
Targets: 112, 110 🎯
Stop: 120 🛑
HOOD struggled to hold up on Friday.
If HOOD gives up 117 it can dip to 110 again.
Puts can work under 117 this week.
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3.
$Tesla Motors(TSLA)$ Trade Idea: Jan 2 485C
Trigger: 474 ✅
Targets: 488, 450 🎯
Stop: 466 🛑
TSLA dropped from 498 to 473 this past week.
TSLA needs to get through 500 to test 515, 531.
We’ve seen TSLA move lower for 4 consecutive days.
Let see if TSLA can defend 474 early this week.
Calls can work if TSLA holds 474.
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- AuntieAaA·12-30 00:33GoodLikeReport