I think more sideways compression is coming for $SPCX
which is why I'm still selling covered calls 🤑
Meanwhile, money is pouring into tech.
Here's my full thoughts and analysis on $META , $SMH, $AMD, $NVDA, $MSFT, $GOOGL, $AAPL, $TSLA, $SPY and the $QQQ ... Let's Go... 🚀
@1776wildfire Ya. Totally. Covered calls are a great strategy. If you’re serious about learning this we’ve put together a thorough course on covered calls and income trading you can learn about here https://t.co/25KVrf0uYu
I think more sideways compression is coming for $SPCX
which is why I'm still selling covered calls 🤑
Meanwhile, money is pouring into tech.
Here's my full thoughts and analysis on $META , $SMH, $AMD, $NVDA, $MSFT, $GOOGL, $AAPL, $TSLA, $SPY and the $QQQ ... Let's Go... 🚀
$SPCX got rejected just pennies from $150.
$AAPL may finally be trying to reverse.
$PLTR keeps making new highs.
Plus why $NVDA is testing a key breakout level and what $QQQ is telling us about the broader market.
@USKUncleScott Yeah, exactly. Good point that options expiration max pain sees a lot of the big tech with high options liquidity pinning on those Fridays.
$SPCX sold off Friday, but I’m not convinced it was bearish. $150 is the key level I’m watching Monday.
$TSLA is coiling tighter and tighter below $370.
Meanwhile, $SPY and $QQQ may have just pulled off a major liquidity sweep.
Here’s what I’m watching next. 🚀
@chadgarvin1 Thanks just went with the bullish butterfly. Didn’t end up putting the bearish one on although it would be pretty cheap at this point since the stock is higher now. If SpaceX rises over the next couple of weeks to the 170 to 175 area it should go up about 1000%.
$SPCX just ripped $7 after sweeping below support.
That has my attention.
In this video, I break down why $152.50 could unlock a move toward $160, $170, even $175, plus how I’m structuring my options so I can potentially profit if $SPCX rips, goes sideways, or even craters.
Plus, my latest outlook on $TSLA and $AAPL.
$SPCX just ripped $7 after sweeping below support.
That has my attention.
In this video, I break down why $152.50 could unlock a move toward $160, $170, even $175, plus how I’m structuring my options so I can potentially profit if $SPCX rips, goes sideways, or even craters.
Plus, my latest outlook on $TSLA and $AAPL.
Thanks so much for the comment. Love to hear you’re enjoying my videos. Are you part of our swing trading club at https://t.co/ffdu9iJEQA ? Every Monday I’m live for an hour with my clients discussing my top 5 favorite stocks and then I take stock requests to analyze live. Check it out you can grab a 14 day free pass from my homepage. I’d love to analyze Intel for you live. Cheers
🚀 FREE $SPCX WORKSHOP
I’m breaking down the road to $1 trillion in revenue, and how I’m using covered calls with my shares.
RSVP 👇
https://t.co/P00eUeZBCY
@FelloMillennial Thanks for the comment. I covered $GOOGL in detail for my client group today at 11 AM Pacific during my live swing training show. Grab a free 14 day pass in my bio to catch the replay.
$SPCX got rejected at $152.50.
$145 is now the level I’m watching. If it cracks, $140 comes into play.
$TSLA is losing momentum below $370, while $AAPL is stalling after its run to $335.
Plus, I’m breaking down $BSP for the first time. This one has my attention.
I teach you how to think and how to read momentum which I think is more valuable. I built https://t.co/ffdu9iJEQA where I’ve taught 50,000 people how to trade.
We built a real time screener on the back of my methodology that allows people to see opportunities as they come up throughout the day. Check it out if you’re interested.
$SPCX just closed above $150, and I bought another 1,000 shares this week.
$145 is now the level I’m watching. Hold it and I think $160-$170 comes into play.
$AAPL just ripped $20. $TSLA is compressing below a make-or-break $370.
Meanwhile, $NVDA is getting messy, and a break of $217 could open the door to a gap fill.
My full weekend breakdown 👇
@RosscoTrades Yes. I’m always worried about downside risk. That’s why I manage my position delta with short calls. Put kickers. Bearish butterflies. All sorts of contraptions using options.