AAPL: Trading apple from $119 - $120 has provided a nice quick trade opportunity, the same is true today if we can hold $119 at open. if we lose support at $118 we can see a drop down to $116 by end of day. I will watch $116 puts this week expire if we fall below with PT $117, $116. There is a 2h demand zone @ $117 that may provide a bounce. Best trade for calls would if we could get above & hold $126 but we need time for this to setup

 

AMD: Formed bullish engulfing on the daily timeframe, calls above $83 can work with PT $85,86 <- watch nasdaq to see if there is strength in tech. Puts can work if we fall below $81.77 PT 80, 79.5

 

AMZN: Strong level of support at $3100, has tested and held above this level the last three trading days. Break below can trigger a fall to $3054,3026. Will be watching puts if we break below

 

BA: Strong Close yesterday, if we can hold above $200 at open I will watch for $205 Calls can see $207,215. Would wait until it breaks below $192 to consider puts.

 

BABA: Resistance @ $263.5 which matches up with $263 key level strong chance we see rejection here will be watching this level for $260 puts if we reject. Best to avoid calls on this name as its been showing weakness since last week.

 

COST: Set to gap up at open due to the news that they are giving investors $10 per share special dividend, this one looks great for calls if upside momentum continues but I’m only interested if we pullback to $385 and hold this level, will watch for $390 Calls

 

 

FB: Strong Close yesterday above $279 which was level FB was rejecting multiple times last week, If FB find support at this level at open I will consider $280 Calls with PT $283

 

ROKU: Broke above $227.5 yesterday with volume, will be watching calls if we pullback to this level and hold above with PT $233,239

 

SPOT: Trending Down since last wednesday, $241 strong level support will be watching this level if we test it today, break below can see $266, if we hold this level I’m interested in calls with PT $245, $250

 

TSLA: be careful with this one, I expect premiums to be high with this move up & wide spreads, don’t chase it just because its moving up 9/10 you will get burned doing that. These are the scenarios I will consider for calls:

1. If we pullback at open I will be watching $450 <- must hold level for upside. If there is sign buyers are defending this level i will buy calls

2. If gap and go at open above $470 will consider calls here with tight stop below $470

-> there is a 4H Supply zone @ $485.5 that could lead to a pullback unless buyers are strong enough to push through.

-> Key Levels to watch: $450, $460, $470, $481, $500

 

ZM: Gapping up over $400 PM, I like calls if we pullback to this level and hold above will look for $420 calls <- premiums on this stock are very high I prefer to take profits quick & set tight stops. Puts can work under $400 but I would wait for it to reject this level multiple times to confirm sellers are strong there.

 

$DKNG: Upgraded yesterday AH with PT $100, $44.78 has acted as strong resistance, once we break above this level it will setup a move to $48,59