Hello everyone! Today i want to share some option strategies with you!
1.
$Tesla Motors(TSLA)$ Trade idea: TSLA May 16 310C
Trigger: 300 ✅
Targets: 311,325 🎯
Stop: 290 🛑 TSLA- closed at 298.26.
TSLA dip was bought up at 271 last week and moved up to 307 on Friday. If TSLA can breakout above 300 this week we can see a move to 325 in the next 2 weeks. Calls can work above 300 early this week.
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2.
$Strategy(MSTR)$ Trade idea: MSTR May 16 430C
Trigger: 417 ✅
Targets: 436,451 🎯
Stop: 400 🛑
MSTR- closed at 416.03. MSTR broke out higher with bitcoin this past week. If MSTR can defend the 400 support level this week we can see a move to 451 next.
Calls can work near 400 on a pull back or back through 417. 436 will be a harder resistance to break above this week.
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3.
$S&P 500(.SPX)$ WEEKLY TRADE PLAN ✅
CALLS: SPX above 5700 SPX May 14 5770C T 5767 SL 5670 📈
PUTS: SPX under 5600 SPX May 14 5530P T 5537 SL 5646 📉
SPX- closed at 5659.91. SPX has continued to be bought up the past week. SPX moved above 5700 last Thursday but failed to hold above.
For this week. let's see if SPX can hold above 5600. SPX through 5700 can run to 5800. Calls can work above 5670 or 5700 this week. Puts can work under 5600.
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4.
$Bitcoin(BTC.USD.CC)$ is going to $200K. Bitcoin is only 4%+ off all time highs. It's considered to be one of the riskiest asset classes. What does that tell you?
This is a risk on environment. The stock market will go back to all time highs again tbis year beyond. Many many opportunties on the horizon. Exciting times we're living through.
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