Option Strategies: MU, .SPX& PLTR
Hello everyone! Today i want to share some trading ideas with you!
1
$S&P 500(.SPX)$ TRADE PLAN ๐ ๐
SPX bullish plan: SPX above 7400 | SPX July 1 7460C ๐
T: 7468, 7500 SL 7382
SPX bearish plan: SPX under 7300 | SPX July 1 7250P ๐
T: 7271, 7229 SL 7330
SPX dropped from 7530 to 7294 last week. SPX 7600 range has been tough to reclaim in June.
If SPX gives up 7228 it can drop to 7000 next. The price action in tech and chip stocks has been weaker the past week.
I donโt see a great trade from the upside yet. Iโd be more careful as long as SPX stays under 7468. Puts can work under 7300 this upcoming week. Calls can work above 7400 as a lotto.
2
$Palantir Technologies Inc.(PLTR)$
Trade Idea: July 16 115C
Trigger: Above 111 โ
Targets: 116, 125 ๐ฏ
Stop: 107 ๐
PLTR had dropped from 207 to 106 since October 31st 2025.
PLTR started to show some signs of strength on Friday after moving from 108 to 114 intraday.
If PLTR can form a base above 107 it can move back to 125, 134 on the next leg higher.
3
Trade Idea: July 2 1250C
Trigger: Above 1149 โ
Targets: 1200, 1262 ๐ฏ
Stop: 1086 ๐
MU dropped from 1255 to 1121 after the gap up after earnings.
If MU gives up 1100 it can test 1031, 1000 again. Letโs see if MU can reclaim 1200 to set up for 1262, 1343 next.
Itโs in a wider range for now. We havenโt seen MU dip more than 2 days in a row since Mid may.
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