Option Strategies: .SPX, AVGO& HOOD

EliteOptionsTrader
06-04

1.

TRADE PLAN for Wednesday 📈

$S&P 500(.SPX)$ setting up for 6000 test in the next 2 days. IF SPX can break above 6000 we will see all time highs again in June

SPX 6000C can work above 5973

$Robinhood(HOOD)$ setting up for a move to 75,85 as long as 66 holds this month.

HOOD July 3 75C can work above 71

$Broadcom(AVGO)$ earnings coming up on Thursday, Possible we can see 270+ after earnings. AVGO touched 252 6 months ago and reclaimed this level today

AVGO June 6 270C best as a lotto

The market is shaping up for a bigger breakout once SPX reclaims 6000 and $Invesco QQQ(QQQ)$ can hold above 527. Good luck tomorrow everyone!! 🫡

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