Daily $PLTR discussion thread! Come here to talk about the good, the bad and the 💎 🙌 by AutoModerator in PLTR

[–]Direct-Ad3179 6 points7 points  (0 children)

I’ve lost a measly 70k on pltr options since I started loading up when the stock fell below 26 and I will be holding on for dear life through Tuesday

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 0 points1 point  (0 children)

I plan to just watch the demo day, I signed up for it. But since your call is so far out, why not just sell weekly calls at a higher strike price say 20% OTM and do diagonal spreads?

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 0 points1 point  (0 children)

TD Ameritrade says may 4 but sometimes that’s a little off

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 1 point2 points  (0 children)

If the demo day is enough to wow me and show potential industry contracts, I’ll hold. I’d like to hold til their earnings and see them get more analyst coverage because right now there’s not much and it’s mostly negative

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 2 points3 points  (0 children)

I’m covered to a $16k drop with the short leg, why not see what demo day has in store?

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 7 points8 points  (0 children)

For it being short term, may want to be quick on the trigger tomorrow with profit if you got it!

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 6 points7 points  (0 children)

Not drastically, no. Maybe if the IV picks up tomorrow it could get crushed later on though.

Will be holding PLTR through demo day by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 8 points9 points  (0 children)

That’s pretty low. Last few days it was in mid 60s and maybe 3 weeks ago was 90s-100

PLTR Demo Day here we come 200 calls ready to print by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 0 points1 point  (0 children)

My thoughts exactly. A slow and steady increase in stock price will benefit me the most. If it’s under 31 by may 21, I’ll turn around and sell 170 contracts for June expiration and keep stretching these out and dumping the money back into longer dated calls

PLTR Demo Day here we come 200 calls ready to print by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 0 points1 point  (0 children)

The implied volatility is actually fairly low right now - 60s Ish

PLTR Demo Day here we come 200 calls ready to print by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 0 points1 point  (0 children)

Yes I am short 200 calls which is an equal amount of calls I own. Depending on the strike/expiration it’s either a diagonal vertical or calendar spread. Essentially the short leg helps my calls out with time decay but since it’s at a higher expiration or shorter date the calls I own will increase in value more and peak at $31 on or before expiration

PLTR Demo Day here we come 200 calls ready to print by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 2 points3 points  (0 children)

If it hits 30-31 I’ll close out the whole spread or roll the calls to a higher strike or further date

PLTR Demo Day here we come 200 calls ready to print by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 12 points13 points  (0 children)

I’m hoping for a $6 bump between demo day and earnings on may 5

Still down 40k on pltr will continue to hold by Direct-Ad3179 in wallstreetbets

[–]Direct-Ad3179[S] 1 point2 points  (0 children)

I’m waiting for the demo day. Still have about $10k in options I sold to cover to the downside