TRADE PLAN for Jan 12 📈
Hello everyone! Today i want to share some option strategies with you!
1.
TRADE PLAN for Jan 12 📈
$S&P 500(.SPX)$ gapping lower on Powell news overnight. This could be a buy the dip event, New Fed chair coming in soon and this investigation could take at least a year so I don't think it will have a big effect on the market. SPX needs to hold near 6945 to see 7000 this week
$Tesla Motors(TSLA)$ possible breakout this week if it can get through 350. TSLA to 374 in play if it closes above 350
TSLA Jan 16 360C is best above 345
$SanDisk Corp.(SNDK)$ to 400 in play this week if it can get through 377.
SNDK Jan 16 390C is best above 377
$Micron Technology(MU)$ setting up for 350,360 as well. Let's see if MU and SNDK can breakout again.
Good luck everyone!! 🫡
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