I do live trading on my Twitter and would like to post the real option trades that I am doing, and what my current watchlist is. Follow along on my journey to $1 million.
YouTube Video Link: HERE
Today my account is only up around $1000. Mostly everything was flat today except that I saw a decent dip in $SOXL.
My Notable Picks:
$SBE: +7.8% - Still in buy zone.
$CCIV: -2.5% - entered my buy zone
$REGI: -1.25%- wait for closer to entry price
Looks like we hit the $AMC nail right on the head. I'm a little surprised it jumped up so much in the after hours, and I'm looking forward to see what it will open at tomorrow. If anyone had an option contract when we first mentioned it, you'd be getting paid very nicely tomorrow - I expect.
$SBE bounced off of our support and is up 7.8% today. It is still in our buy zone and I'd recommend picking some up before it goes up more. Possibly wait for tomorrow to see which direction it is going first.
Adding to Watchlist
$LI - Li, the Chinese Electric vehicle manufacturer has been pulling back over the last few trading days, and in my opinion it is unjustly. The Technical Analysis looks as if it will bounce off of the support in the parallel trend lines and make a move toward $44, as it has been up there before. Yesterday I read an article in a Chinese publication that said Li is going to outperform NIO and XPEV and BYD. This is a must for a EV portfolio.
Target Price: $44
Timeframe: 1-2 months
$SOXX - One of my favorite ETFs and a must own in a growth portfolio, this semiconductor ETF, and its 3X cousin $SOXL, have outperforming almost every other ETF that exists. On the day chart you see a pull back inside of a couple channels that indicate to me a new support and a move toward $467. Once it is over $460, I'll reevaluate if I have any options positions- long term, I'm holding.
Target Price: $467
Timeframe: 7-10 weeks
Note: Risk (1 out of 5) is my opinion of how risky the stock and these plays are; 1 being the lowest and 5 is the highest.
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