TRADE PLAN for FOMC Wednesday 📈

EliteOptionsTrader
09-17

$S&P 500(.SPX)$ 2 days of consolidation leading into FOMC. If we see 50bps cut. SPX to 6700 quickly by Thursday.

SPX Sept 17 6650C can work above 6600

$Meta Platforms, Inc.(META)$ through 784 can run to 800 by Friday. META connect day starts tomorrow as well. Let's see if META runs to 800

META Sept 19 790C can work above 780

$Tesla Motors(TSLA)$ through 430 after FOMC will set up for a move back to all time highs at 488+

TSLA Sept 19 440C is best above 430 this week

I'd wait until AFTER FOMC before considering a trade. Be patient and good luck tmrw everyone!! 🫡

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