i just purchased long term shares for PLTR that i plan on holding for a long time, with that being said the short term upside on this thing can be magical. i will be looking into the option chain and decide my strategy it'll either be very far out strike and expiration ($60 and like next september) or more realistic but i don't know how read i am to put on expiration on something in this market because i think we will fall further but have a bullish week, that is in regards on how chart patterns form. (I dont wanna get far into it but to form double bottoms we have to go down again and the Nasdaq looks like it wants to make a head and shoulders) any ways it'll all depend on premiums i think under $70 is a good price if u already hold shares and wanna roid effect on your portfolio like i strive for. i have always liked this company scroll in my profile i never put a "short" strategy on a PLTR post and held, as well as rolled over options may times.
also if we see a break in the falling wedge definite upside i think with cathie doubling down and short term bull trap
good luck be very careful with options right now
also if we see a break in the falling wedge definite upside i think with cathie doubling down and short term bull trap
good luck be very careful with options right now