Hello everyone! Today i want to share some option strategies with you!
1.
$Tesla Motors(TSLA)$ Trade idea: TSLA June 13 310C
Trigger: 300 ✅
Targets: 309,325 🎯
Stop: 129 🛑
Last Week Recap:
TSLA closed at $295.14 on Friday. After a solid run into the 300s early last week, it couldn’t hold above that level and faded back under 296 by the close. The stock is still stuck in a broader range between 276 and 300.
Key Levels to Watch:
Support: 283-290 zone — TSLA has bounced here a few times recently. Below that, 276 is a key downside level.
Resistance: 300-309 is the area TSLA needs to clear to see a bigger move toward 325-334.
What I’m Watching This Week:
TSLA needs to reclaim and hold above 300 to get momentum going again. If it can base above that level early in the week, we could see a push toward 313+. But if it fails to hold 290, it could drift lower toward the 276 area before setting up again for the upside.
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2.
$S&P 500(.SPX)$ TRADE PLAN 📈 📉
CALLS: SPX above 6000 SPX June 11 6050C T 6050 SL 5973 📈
PUTS: SPX under 5938 SPX June 11 5900P T 5900 SL 5973 📉
Last Week Recap:
SPX closed right at 6000 on Friday — a key psychological and technical level. The index has been grinding higher with strong support from large-cap tech, and it’s now at the doorstep of a potential breakout zone.
Key Levels to Watch:
Support: 5938 — short-term level that’s been acting as a launchpad. Below that, 5843 is the next key area.
Resistance: 6000 — this level is a major resistance level A clean break above it could shift momentum toward 6147 this month.
What I’m Watching This Week:
SPX holding above 5938 keeps the breakout thesis alive. A push and hold through 6,000 would be a major technical trigger and could open the door to 6147 — the next measured target from recent price structure. If 5938 fails, we may see a quick move back to 5843 before buyers step back in.
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