Hello everyone! Today i want to share some option strategies with you!
1.
$S&P 500(.SPX)$ 7000 Loading… 💻 📈
After pulling back to 4850 in April, right at the 2022 highs, we printed a bullish monthly hammer candle to close out the month. Since then, $SPX has reclaimed momentum and is now coiling between 5700-6160. Here’s what I’m watching in the months ahead:
Scenario #1: Extreme Bull
$S&P 500(.SPX)$ decides to consolidate between 5700-6150 for at least 1 month before breaking ATH’s. We then proceed to 6300 before retesting the ATH break of 6150. We end up holding the retest and go on for a 2-3 month bull rally towards the psychological 7000 level.
Scenario #2: Bear Trap to Bull SPX pushes toward 6000, baiting bulls into thinking the breakout is here. Instead, we fail to hold above 6000 and drop back to 5700. This draws in short sellers expecting a deeper pullback to April’s lows. But bears get trapped as the market snaps back, breaks ATHs, and grinds higher toward 7000, pausing for consolidation after each major move.
The market looks poised for more upside, but it likely won’t make it easy. Expect tricky price action designed to shake out weak hands. Dips will likely get bought, but stay sharp - one headline can flip the script fast.
Stick to your plan. Stay disciplined. Let’s see just how far this rally can go in 2025.
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2.
TRADE PLAN for Wednesday 📈
$S&P 500(.SPX)$ another strong move today, SPX broke above 5900 with ease. SPX 6000 in play by Friday.
SPX 5940C is best above 5900 tomorrow
$Tesla Motors(TSLA)$ big breakout through 325 today.. TSLA setting up for 350+ next.
TSLA 345C can work above 335
$Meta Platforms, Inc.(META)$ if it holds above 657 we can see a run to 670,678
META 670C can work above 657
Strong momentum in the market the past few days. SPX all time highs is coming again this year. What a recovery from the tariff sell off.
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