TSM making a nice bull flag with buffet stake and AAPL saying they will buy chips from arizona. good news behind it too and foundries have been looking strong in last month or so compared to other chip making companies. looking at 84C fro DEC 2 on this flag intraday. over 83 can rip to 88
Excellent day. Made 100%+ on almost all the trades from yesterdays plan. Market is getting frothy here. Took my profits into strength and just have runners now.
TTD right at weekly 200MA. It got hit pretty bad on SNAP ROKU ER’s but my view is TTD is a much better company than those and expectations are too low right now too. AUG 5 51C above 49.80 can work.
MDB got rejected at 324 multiple times. this will be a big break. Can get to 340 if we breakout on volume. Options chain is pretty illiquid on this. So i am going with shares.
DDOG nearing trendline breakout. We have ER this week, might have a run into it. AUG 5 112C can work above 109.
875 - 937 is no trade zone for me. Above is a long and below is short. I can see 972 on it if it breaks 937
GOOGL can be a long above 116.80 with SL at 115. AUG 5 118C
the roll ups on TSLA 930C yielded 200% today. closed out my longs on TSLA for now until it can clear 200DMA.
ADBE is right at 200 week MA. Forming a cup and handle on 60min right underneath it. can be a gap fill trade above 415 AUG 5 420C can work
LULU getting near base breakout. If market stays strong next week, LULU can breakout over 313. Keep in mind that market is extended for now. So risk is elevated for longs here compared to last 2 weeks. AUG 5 220C can work
If AMZN can sustain the gap below this next week, this can be an island reversal. These kind of setups are really powerful, can be strong reversals. Can try AUG 5 140C above 137.70 for gap fill.
Market is extended in the short term, if market is indeed weak this coming week, META can breakdown below 154. AUG 5 152.5P can work
QQQ hit all my PT’s. Next weeks calls up 200% from our entry at 308.50 from last post. Still looks good but a little extended short term. NQ also hit 13K resistance. If we see a gap up on monday, i might sell into strength and wait for pullback.
880C up 1500% for today. 870C for AUG 5 are up 150% from yesterday. Sold them at 865 and rolled them out to 900C AUG 5. Those are up 120% into close. Closed those and opened 920C into next weekend. Looks really good but markets are pretty extended short term imo. Will be careful next week. If we see a gap up, i might sell into strength. This week alone TSLA...
Took 155C for next week as per plan posted yesterday. Up 30% so far. Looks good i to next week.
Took RBLX AUG 5 44C at the breakout from yesterdays post. It started breaking out in the last 30min of the day. Above 42.80, JUL29 43C or AUG 5 44C should work if anyone wants to try today if you get an entry. More than likely we gap up because of AAPL AMZN
WDAY is building a nice base here with accumulation volume. Most of the up days are seeing higher volume than down days. AUG 5 155C can work above 153.50
MSFT getting near 2nd breakout area. Above 277.70 can see more upside. We were long MSFT from 265 break out area. Really good push so far. Sold my calls yesterday at 277.70. Will try some roll ups for AUG 5 280C if we breakout again. Link to the last breakout post is attached below.