TopgOptions

PLTR Palantir Technologies Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:PLTR   Palantir Technologies Inc.
If you haven`t bought PLTR ahead of the previous earnings:

Then analyzing the options chain and the chart patterns of PLTR Palantir Technologies prior to the earnings report this week,
I would consider purchasing the 19usd strike price Calls with
an expiration date of 2024-3-1,
for a premium of approximately $0.73.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade closed: target reached:
PLTR traded at $22.18 after earnings, and the Calls went up from $0.73 (when I wrote this article) to $3.25 at the close today (even higher intraday!!), for about 4.38X gain!
Congrats to those who bought the calls!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.