Lets Talk Options

Welcome to the POWERUP Options Chat! This chat is meant for educational purposes only. Chat topics are not a recommendation to any person(s) to enter into any particular transaction, or adopt any particular strategy. Trades posted within this chat are not to be taken as triggers to buy or sell at an

With layoffs and talk of possible bankruptcy, I am looking at possibly shorting CVNA

Holding my apple position possibly even adding to it. What are you guys on. Also AMZN is dropping earnings, it’s not looking good for them. I don’t know how the stock will react though so I won’t call it.

If you’re taking any of the trades I mentioned keep in mind Apple doesn’t report till tomorrow after hours.. Also add AMZN & Intell (IBM did well) to your watchlist, plays TBD.. *** please do your own HW & risk analysis ***

TSLA gave a pretty much symmetrical triangle which is a bilateral pattern. Which means it could go either up or down no clear direction. Also if you look at the red line (my resistance line) and the green line (my support line) you’ll see that TSLA is trading in between. Which made this a NO GO for

PUTS: SPY, QQQ, MSFT, SNOW, META CALLS: SQQQ #TickerTuesday ⚠️ 🥳🥳

If you understand options this is a great time to look at puts. If you are new to the community don’t worry I am putting something together to teach you For my long term investors you do not have to be in a rush to buy stocks right now. Think of it like you don’t buy clothes when you know they are

If the trade doesn’t work study which point of your analysis faulted and sharpen that. Could it have been that your technical analysis was 150% accurate but you missed some big news? (I.e ceo stepping down) Whichever it was correct it and get back in the game. Red days are going to HAPPEN, but so

Today is a great day to find puts ! Especially on SPY & SPX

@Steph is Apple fundamentals breaking down ?

Sometimes you think you have a really great contract but the time decay is higher than the amount you make per dollar movement of the stock. For example the below trade, RN SPX is down 86 points (and counting lol) but the option is LOSING ITS WORTH 🥹 Trade was entered yesterday while SPX was at a

Twitter users fear the app may shut down.. any negative impact on the app cause by the transition of ownership, could cause the stock to plummet 📉📉📉 TWTR’s MACD (on 1hr chart) has already crossed downward, stock is also trading sideways on the 1hr chart.

If you played any of the options I sent out yesterday 🥳🥳🥳🥳🥳🥳 ITS PAY DAY!! META- 30point DROP MA- on its way up ⬆️ AAPL- has started to FALL 📉 Happy trading my friends ✨

Large bullish engulfing candle Netflix looks like it’s gonna go bullish. Might fill the first gap.

Swinging TSLA calls today. They may test the 50 day moving average so be careful of that

I personally think we have gotten to a place in the market we’re we are not counting for negative news. In my eyes that is dangerous which is why I think we have some red days ahead.

Idc what anyone tells you.. in the first 6months of options trading YOU WILL LOSE SOME MONEY, there’s a stiff learning curve. You have to look for quality setups, not quantity of setups. Leave the hype alone. If it’s on Social Media the money has already been made!!! This is not gambling 🎰!

S/o to @Steph for dropping a play for everyone to eat off. Congrats to our members who made over 10k last week on Amazon! 💰💰

So Friday I did a put on SOXL because I felt like we had more selling to do. I always feel like the billionaires get together on the weekend and talk about what they are going to do next just my opinion. I walked away with a profit just under 7k. I am now putting that money back in a call for SOXL

A straddle is when you buy both a call & a put at the same strike price and expiration in hopes to leverage one or the other. Or both. PLEASE NEVER PLAY A STRADDLE THAT HAS NO VOLATILITY. You will lose the value of both contracts. These are never short term option plays. & work best when there is

If you’re planning to trade SPY or SPX Today, please use the 5 or 15 minute charts & scalp the trade. No swings. 📉📉 Scalping - multiple option contracts bought to profit from small price changes. & if your acct is under $25k DO NOT DO MORE THAN 2 day trades. This is where your risk assessment i

Today into tomorrow: V 📈 Hess 📉 Googl 📉 BA 📉 MSFT 📉 Tomorrow into Thursday: META - could go either way MA 📈 APPL 📉 What are yours?

Load the boat.. add to your portfolio.. either way

Having your order filled in a timely fashion is super important, as it will impact your option trade. So please pay attention bf don’t close the app until everything is cleared. You may have to readjust your trade for it to be filled. Happy Trading 🥳🥳🥳

I Have decided to do a Put on Carvana it is up 40% in the last month. As interest rates continue to rise I think less people will be buying cars Carvana ticker is CVNA

Look out for puts that are reacting from Powells speech yesterday. If going Inverse ETF do the complete opposite and do calls. 💪🏾🥂 happy Thursday.

Now is the best time to find great setup and hold down PUTS !!! The market is going to correct itself. This is no time to trade with emotion, you have to hold it down and trade the setup. Scale your account, stop looking to flip your account!!! The money is there to be made 📈📈📈📈📈💰💰💰

So I have been trying to learn options the past several months want to give a big shoutout to @Stephanie Macharia for helping me. So with the market having a light pull back to start this year off I began to look for places that were over sold. I have already been following SOXL thanks to @Tyler