Option Strategies: .SPX, QQQ& AVGO

EliteOptionsTrader

1.

TRADE PLAN for LOTTO Friday ✅

$S&P 500(.SPX)$ 2 weeks of consolidation to end May. We have Core PCE data coming up tomorrow. IF SPX can get through 5938 we will see 6000 test. I'd wait for 5938 for calls.

$Invesco QQQ(QQQ)$ 515 is an important support level to hold leading into June. IF QQQ breaks 515 it can drop to 508.

QQQ 513P is best under 515 over the next few days

$Broadcom(AVGO)$ possible we see 252-255 after earnings next week.

AVGO June 6 250C is best above 240

The market is still holding onto most of its gains since the bottom from April 7th. If SPX gets through 6000 and QQQ through 531, we'll see all time highs again. Good luck tomorrow everyone! 🫡

2.

Lastly, scalping is a losing strategy.

By definition it's impossible to get rich with this strategy. Your trading for pennies on the dollar in profit. Multi day to multi week swings are the most profitable types of trades.

Be careful of getting into this style of trading. It's an unsustainable way to trade especially with a small account.

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here：
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
💰CBA Mini Course 1: What is Cash Boost Account(CBA)?

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We have Core PCE data coming up tomorrow. IF SPX can get through 5938 we will see 6000 test. I'd wait for 5938 for calls.</p><p> <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  515 is an important support level to hold leading into June. IF QQQ breaks 515 it can drop to 508. </p><p>QQQ 513P is best under 515 over the next few days</p><p> <a data-mention-id=\"AVGO\" class=\"teditor-mention\" data-mention-name=\"Broadcom\" href=\"https://ttm.financial/S/AVGO\">$Broadcom(AVGO)$</a>  possible we see 252-255 after earnings next week.</p><p>AVGO June 6 250C is best above 240 </p><p>The market is still holding onto most of its gains since the bottom from April 7th. If SPX gets through 6000 and QQQ through 531, we'll see all time highs again. Good luck tomorrow everyone! 🫡</p><p></p><p>2.</p><p>Lastly, scalping is a losing strategy. </p><p>By definition it's impossible to get rich with this strategy. Your trading for pennies on the dollar in profit. Multi day to multi week swings are the most profitable types of trades. </p><p>Be careful of getting into this style of trading. It's an unsustainable way to trade especially with a small account.</p><p></p><p>For whom haven't open CBA can know more from below:</p><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://tigr.link/9ApRRc\" title=\"Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.\" target=\"_blank\">Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.</a></p></li><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p>1.</p><p>TRADE PLAN for LOTTO Friday ✅ </p><p> <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>  2 weeks of consolidation to end May. We have Core PCE data coming up tomorrow. IF SPX can get through 5938 we will see 6000 test. I'd wait for 5938 for calls.</p><p> <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  515 is an important support level to hold leading into June. IF QQQ breaks 515 it can drop to 508. </p><p>QQQ 513P is best under 515 over the next few days</p><p> <a data-mention-id=\"AVGO\" class=\"teditor-mention\" data-mention-name=\"Broadcom\" href=\"https://ttm.financial/S/AVGO\">$Broadcom(AVGO)$</a>  possible we see 252-255 after earnings next week.</p><p>AVGO June 6 250C is best above 240 </p><p>The market is still holding onto most of its gains since the bottom from April 7th. If SPX gets through 6000 and QQQ through 531, we'll see all time highs again. Good luck tomorrow everyone! 🫡</p><p></p><p>2.</p><p>Lastly, scalping is a losing strategy. </p><p>By definition it's impossible to get rich with this strategy. Your trading for pennies on the dollar in profit. Multi day to multi week swings are the most profitable types of trades. </p><p>Be careful of getting into this style of trading. It's an unsustainable way to trade especially with a small account.</p><p></p><p>For whom haven't open CBA can know more from below:</p><p>🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!</p><blockquote><p>Find out more here：</p><ul style=\"\"><li><p><a href=\"https://tigr.link/9ApRRc\" title=\"Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.\" target=\"_blank\">Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.</a></p></li><li><p><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p></li><li><p><a href=\"https://ttm.financial/TW/413454436958416\" title=\"💰CBA Mini Course 1: What is Cash Boost Account(CBA)?\" class=\"\">💰CBA Mini Course 1: What is Cash Boost Account(CBA)?</a></p></li></ul></blockquote><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\" tg-width=\"1080\" tg-height=\"1080\"></p><p></p></body></html>","text":"1. TRADE PLAN for LOTTO Friday ✅ $S&P 500(.SPX)$ 2 weeks of consolidation to end May. We have Core PCE data coming up tomorrow. IF SPX can get through 5938 we will see 6000 test. I'd wait for 5938 for calls. $Invesco QQQ(QQQ)$ 515 is an important support level to hold leading into June. IF QQQ breaks 515 it can drop to 508. QQQ 513P is best under 515 over the next few days $Broadcom(AVGO)$ possible we see 252-255 after earnings next week. AVGO June 6 250C is best above 240 The market is still holding onto most of its gains since the bottom from April 7th. If SPX gets through 6000 and QQQ through 531, we'll see all time highs again. Good luck tomorrow everyone! 🫡 2. Lastly, scalping is a losing strategy. By definition it's impossible to get rich with this strategy. Your trading for pennies on the dollar in profit. Multi day to multi week swings are the most profitable types of trades. Be careful of getting into this style of trading. It's an unsustainable way to trade especially with a small account. For whom haven't open CBA can know more from below: 🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly! Find out more here： Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading. 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 💰CBA Mini Course 1: What is Cash Boost Account(CBA)?","highlighted":1,"essential":1,"paper":2,"likeSize":33,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/440498916008016","repostId":0,"isVote":1,"tweetType":1,"viewCount":3628,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ","AVGO",".SPX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1180,"optionInvolvedFlag":true,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/440498916008016"}