TRADE PLAN for Tuesday 📈

EliteOptionsTrader
08-05

Hello everyone! Today i want to share some option strategies with you!

$S&P 500(.SPX)$ strong bounce today after the gap up to 6270+, IF SPX can reclaim 6334 it'll set up for 6400 again. The price action can start to look more bearish under 6300 this week.

SPX 6360C is best above 6334 as a lotto tomorrow.

$NVIDIA(NVDA)$ through 180 can test 184 this week. $AMD has earnings after hours tomorrow. Let's see if NVDA can run to 184 by Friday.

NVDA 182.5C can work above 180

$Strategy(MSTR)$ setting up for 400 test if $BTC can move back above 116k this week.

MSTR 400C best above 390

The market has proven to be resilient, we saw a 2 day sell off last week and $S&P 500(.SPX)$ and $Invesco QQQ(QQQ)$ already recovered half the loss. Good luck tmrw everyone! 🫡

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