Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for LOTTO Friday 📈
$S&P 500(.SPX)$ 5783-5800 in play in the next week. This will be a tough range to break above so be careful as SPX approached 5800.
SPX 5730C can work above 5700 tmrw
$Strategy(MSTR)$ on the next leg higher can run to 451. If #bitcoin holds above 100k, calls in play on MSTR tmrw.
MSTR 430C can work above 420
$Meta Platforms, Inc.(META)$ through 610 can move to 623+ next week
META 615C is best above 610
The market held up after FOMC. Now we can see another push higher into next week. I'd be careful as SPX approached 5800. Very hard resistance level.
2.
There's money to be made in every type of market.
It's your job to find the opportunities.
I've seen people lose everything in a 10 year bull market. I've also seen people become insanely wealthy during the same 10 year bull market from 2010-2020.
Why do some people become rich and some lose it all during the same time period?
It comes down to patience and timing. If you don't have the patience to let the trade work, you'll end up selling at a loss or very small profit. If you don't have a general idea of basic technical analysis you'll have no idea how to time your entries and exits.
A structured system is KEY when it comes to trading. Remember this if you want to become a profitable trader.
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