Tony Zhang "Constructively Bullish" in SPX & NDX, Offers NVDA Options Trade
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The S&P 500 (SPX) and Nasdaq-100's (NDX) narrow leadership has made Tony Zhang (@OptionsPlay) "selectively bullish." Expanding market breadth is making him more "constructively bullish." He talks about key levels he believes the S&P and Nasdaq need to hold to solidify bullish expectations. Turning to his example options trades, he sees "cheap" opportunity in Nvidia (NVDA) as the stock approaches an upside target of $270. Tony tilts more bearish in his Citigroup (C) trade. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com
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