Trading Strategies: SPCX& AMD

Hello everyone! Today i want to share some trading ideas with you!

1

The fact that $Advanced Micro Devices(AMD)$ price is this high and $NVIDIA(NVDA)$ price is not is just disgustingly disrespectful to NVDA!

Gonna write puts on AMD, Aug 21 expiry, put strike at 300 or lower.

There is no strong volume support levels until AMD gets down into the 260 to 190 range.

2

No one knows where bottom support is on $SpaceX(SPCX)$ since it just IPOed and price discovery has to happen to find downside support. We may see that happen this week for earnings ... who knows. 🤷🏻‍♂️

Currently got a 105/90 put credit spread in play and am debating what to do with it. Might write another put credit spread, Aug 21 expiry, 80/75 or 80/70 or lower strikes.

3

So many optionselling opportunities next week, but won't be able to trade them all. 😭

Might just place all the trades for the week on Monday and then let it ride.

👀

$Palantir Technologies Inc.(PLTR)$

$Grab Holdings(GRAB)$

$Hut 8 Mining Corp(HUT)$

$Advanced Micro Devices(AMD)$

$SpaceX(SPCX)$

$Walt Disney(DIS)$

$Datadog(DDOG)$

$Oklo Inc.(OKLO)$

$Vistra Energy Corp.(VST)$

... and then also watching

$Micron Technology(MU)$

$Roundhill Memory ETF(DRAM)$

$NEBIUS(NBIS)$

$NVIDIA(NVDA)$

$Cerebras Systems(CBRS)$

$Rocket Lab USA, Inc.(RKLB)$ for sympathy moves

Trade ideas in 🧵👇🏽

4

Gonna target that gap and 200EMA around 75. Writing puts to play earnings - $Hut 8 Mining Corp(HUT)$

Aug 21 expiry, $75 or $80 strike puts.