Here are five of my favorite stocks from my 2023 options trading as well as what I predict them to be one year from today on 12-27-2024 in no particular order.
- NVDA closed today at $494.25, one year from today I predict $1,200.00
- TSLA closed today at $262.15, one year from today I predict $310.00
- Ford closed today at $12.39, one year from today I predict $26.50
- RXRX closed today at $10.74, one year from today I predict $40.00
- SoFi closed today at $10.34, one year from today I predict $22.00
I’m working on my 2024 options strategies for these five so stay tuned.
Update on 3-18-24 – NVDA had broken-out and recently hit an all time high of $974. It’s well on the way to $1,200 by year end as predicted in late December.
Update on 12-7-24 – NVDA has split 10:1 and is currently at $142.44 adjusted price form what would have been $1,424.40 so we’ve more than exceeded our projections. The same is true for Tesla, closing on Friday at $389.22.
RISK – Trading options may result in potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the options markets. Do NOT trade with money you can’t afford to lose.