EliteOptionsTrader

Brando- Options trader for 13 years. Here to spread my knowledge and help others.

    • EliteOptionsTraderEliteOptionsTrader
      ·02-21 09:18

      Option Strategies: The Reality of Trading

      The reality of trading? $S&P 500(.SPX)$ You can be completely right and still lose money. > Price hits your exact level > Does what you thought it would > Then stops you out anyway before the move actually happens Just how it goes sometimes. Trading is about having something that works when you do it a hundred times. One trade doesn't tell you anything. 20 trades? 50? That's when you start seeing if you actually have an edge or if you just got lucky. Consistent traders don't care about landing one huge winner or having one good month. We care about not blowing up, trading the same thing every time, not losing our mind when trades go against us and making money most months. Anyone can screenshot one big win. Show me six green months in
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      Option Strategies: The Reality of Trading
    • EliteOptionsTraderEliteOptionsTrader
      ·02-20 15:36

      Option Strategies: .SPX, QQQ& META

      Hello everyone! Today i want to share some trading strategies with you! 1. TRADE PLAN for LOTTO Friday 📈 $S&P 500(.SPX)$ another day of CHOP. SPX needs 6900 otherwise avoid calls. Once SPX reclaims 6900 and holds this level.. 7000 will come again. $Meta Platforms, Inc.(META)$ closed right near the 645 breakout level. If META can get through 645 we can see 665-670 in the next 2 weeks. META Feb 27 660C is best above 645 $Invesco QQQ(QQQ)$ still isn't ready for a break higher, it needs to close near 610 on a daily candle to set up for 618+. If QQQ gives up 600 it will be much more bearish for the market. Core PCE data premarket tmrw. Good luck tmrw everyone!! 🫡 2
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      Option Strategies: .SPX, QQQ& META
    • EliteOptionsTraderEliteOptionsTrader
      ·02-19

      TRADE PLAN for Thursday 📈

      $S&P 500(.SPX)$ rejected at 6900 today but managed to hold near 6880 into the close. SPX needs to reclaim 6900 to set up for 7000 by the end of next week. SPX Feb 20 6920C is best above 6880 tomorrow $Micron Technology(MU)$ setting up for 455 by next week. Calls can work above 425 tomorrow. If MU gets through 455... 500 coming FAST. MU Feb 20 435C is best above 425 $Invesco QQQ(QQQ)$ still has some weakness compared to other sectors. Tech has been lagging all year. QQQ needs back above 610 to run to 614,618 next. Core PCE data coming on Friday. Good luck tmrw everyone!! 🫡 For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to
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      TRADE PLAN for Thursday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·02-18

      TRADE PLAN for Wednesday 📈

      $S&P 500(.SPX)$ printed a low at 6775 but managed to rally to 6866 intraday. If SPX can move back above 6870 and reclaim 6900 this week we can see 7000 again by the end of next week. $NVIDIA(NVDA)$ earnings coming on Feb 25th. $Invesco QQQ(QQQ)$ dropped to 593 and rallied to 604 intraday. QQQ needs back through 607 to start a rally to 614-618. $Meta Platforms, Inc.(META)$ 645 is an important level to reclaim to set up for a bounce to 670-680 META Feb 20 655C is best above 645 We still have FOMC minutes and Core PCE data coming up this week. Good luck everyone!! 🫡 For SG users only, Welcome to open a CBA today and enjo
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      TRADE PLAN for Wednesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·02-18

      SPX 4 month Range.. When will it end? 🤔

      $S&P 500(.SPX)$ has been trading in a wide range between 6700-7000 since the beginning of December. The questions many traders are asking is when will the market break out of this range and see a continuation move? Let’s dive into 3 possible scenarios the market could do going into the next couple of weeks Scenario #1: Bearish Continuation Move SPX ends up failing to hold 6700 and sees an aggressive move to 6666. Market tries to hold but tech continues to sell off dropping SPX to 6500 where we start to bottom out. Scenario #2: Chop Continues SPX retests 6700 getting bears excited again but fails to break down aggressively moving back to the 6880 level. Market tries to break higher above 6990 in the coming sessions but fails to do so. Market re
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      SPX 4 month Range.. When will it end? 🤔
    • EliteOptionsTraderEliteOptionsTrader
      ·02-17

      Option Strategies: TSLA, MU& .SPX

      1. $S&P 500(.SPX)$ TRADE PLAN 📈 📉 SPX bullish plan: SPX above 6870 | SPX Feb 18 6900C 📈 T: 6900, 6921 SL 6851 SPX bearish plan: SPX under 6800 | SPX Feb 18 6750P 📉 T: 6765, 6720 SL 6824 SPX dropped almost 200 points from last week’s highs into Friday. If SPX fails to defend 6800 this week we can see one more dip to 6720 - 6765 range next. We need to see SPX above 6921 to start to look more bullish. I’d be more careful trading both directions again this week. Let’s see if SPX can start to bottom by Wednesday. Image 2. $Micron Technology(MU)$ Trade Idea: Feb 20 425C Trigger: 412 ✅ Targets: 424, 436 🎯 Stop: 400 🛑 MU held 400 into the end of the week. There still seems to be lots of relative strength in bot
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      Option Strategies: TSLA, MU& .SPX
    • EliteOptionsTraderEliteOptionsTrader
      ·02-13

      TRADE PLAN for Lotto Friday 📈

      Hello everyone! Today i want to share some trading strategies with you! 1. TRADE PLAN for Lotto Friday 📈 $S&P 500(.SPX)$ massive sell off today. SPX dropped 130 points from the highs. Possible we see more downside tomorrow if SPX fails to reclaim 6870. SPX needs through that 7k level to trigger a run to 7400+. $Invesco QQQ(QQQ)$ dropped from 616 premarket to 601 at the lows. QQQ under 600 can test 589 again. I'd wait for 607 to consider calls. Mag7 price action has also been very weak. $Apple(AAPL)$ is down 20 points since yesterday, AMZN is down 50 points the past 2 weeks, NFLX is a long downtrend, $NVIDIA(NVDA)$ hav
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      TRADE PLAN for Lotto Friday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·02-12

      TRADE PLAN for Thursday ✅

      $S&P 500(.SPX)$ tried to move near 7000 today but failed and dropped 80 points from the highs. SPX still just ranging from 6900-7000 for now. WAIT for 7k. $Micron Technology(MU)$ wants to to move to 425-430 this week. MU to 500 coming this year MU Feb 13 425C is best above 415 tomorrow. $SanDisk Corp.(SNDK)$ setting up for a push back to 700 as well. If SNDK can hold 600 into the end of Friday we should see another rally higher. The S&P500 and the Nasdaq have been ranging for 3+ months. When the breakout comes the rally will be fast. Be patient for now. 🫡 Follow me to learn more about analysis!!
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      TRADE PLAN for Thursday ✅
    • EliteOptionsTraderEliteOptionsTrader
      ·02-11

      TRADE PLAN for Wednesday 📈

      TRADE PLAN for Wednesday 📈 $S&P 500(.SPX)$ consolidation day today but SPX managed to hold above 6921. SPX all about that 7000 resistance this month. Once SPX can get through 7700 coming this year. BE PATIENT. Wait for it. $Tesla Motors(TSLA)$ had lots of relative strength today for once. As long as TSLA can hold above 414 we should see 440-450 this month. TSLA Feb 13 435C can work above 424 $Invesco QQQ(QQQ)$ stuck in this wide range from 610-629 for now. Once QQQ reclaims 618 we'll see a push back to 622-629 again. Most likely we see another consolidation day. Good luck everyone!! 🫡
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      TRADE PLAN for Wednesday 📈
    • EliteOptionsTraderEliteOptionsTrader
      ·02-11

      TSLA 500 coming sooner than you think. ✅

      1. $Tesla Motors(TSLA)$ Tesla has been consolidating for 4 months since it broke out last September above 363. It's currently trading under 440. If 441 can break there can be an explosive move 500 fast. TSLA to 700 can come quickly this year once it breaks above 500. Recent Developments Semi Production: Tesla confirmed expanded Semi output at Giga Nevada with fleet customers moving beyond pilot programs Robotaxi Reveal: Tesla reiterated plans for a dedicated Cybercab/Robotaxi unveiling later this year Future Growth Opportunities Next-Gen EV Platform: Tesla is developing a sub-$30K vehicle aimed at mass affordability and global scale, which could drive volume growth even if margins per unit are lower Robotaxi/Cybercab: Autonomous ride-hailing is al
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      TSLA 500 coming sooner than you think. ✅
     
     
     
     

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