@TheMarketRaven Thatโs Wild! I scooped the 7450 puts as my own super lotto play at 1.46 and sold them way too early at $14.25 a pop โฆ. they went to 67-68 a pop
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Donโt overthink the $ORCL 261 break, thatโs why you missed the 200 break
$ORCL traded under $200 for almost 5 months, but as soon as it reclaimed 200 it moved 25% in three days
That explosive move puts it right outside another key level: $260, the previous ATHs before a 100 pt gap up earlier last year
Trade Plan ๐
$ORCL above 261
Day Trade: 6/5 280C
Swing Trade: 6/18 300C
A break through 261 will push $ORCL into the next demand zone, where buyers will quickly fill the 40 pt gap towards 300
When a name finally breaks out of a 5 month consolidation, theyโre going to move hard. Donโt overthink these trades: wait for the key level break
@TheMarketRaven You really are the Master Chef ๐ฆโโฌ ๐ฐ ๐ฅ
Raven what's your read on $TSLA this week? 425 calls are locked and loaded. SPTP letting the rest ride ๐