Welcome back everyone!
Lets dive into the recap for todays session then move on to tomorrows analysis.
Recap of chat today:
This morning started phenomenally with NVDA selling down through the short level. I called out a put contract with a target that was relatively close, aiming for a 50% move. This target was reached as the price dropped sharply, putting these puts just above my intraday target. Here is what was sent this morning:
Additionally, there was significant movement from the intraday levels seen at the bottom of these posts.
AAPL, TSLA, MSFT, and AMZN experienced strong spikes right at the open, triggering a setup on calls. These stocks saw upside momentum for the entire session, providing plenty of opportunities.
Outside of stocks, futures performed quite well, with notable upside in the Nasdaq, Oil, and Gold. Below is the chart for Gold, which rebounded at the long levels before spiking up to the long target, setting the high of the day.
Now let’s move on to my thoughts for tomorrows session!