Palantir Technologies Inc.Updated Opening (IRA): PLTR Feb 28th 70/75/100/105 Iron Condor
... for a 2.11 credit.
Comments: High IVR/IV at 89.1/81.3. Adding to my PLTR position as an earnings announcement volatility contraction play.
Metrics:
Max Profit: 2.11
Buying Power Effect: 2.89
ROC at Max: 73.01%
50% Max: 1.06
ROC at 50% Max: 36.51%
Will generally look to take profit at 50% max, immediately roll out to March if a side is tested.
Comments: High IVR/IV at 89.1/81.3. Adding to my PLTR position as an earnings announcement volatility contraction play.
Metrics:
Max Profit: 2.11
Buying Power Effect: 2.89
ROC at Max: 73.01%
50% Max: 1.06
ROC at 50% Max: 36.51%
Will generally look to take profit at 50% max, immediately roll out to March if a side is tested.
Note
Double yikes. Rolled the -75P/105C to the -95P/125C for an 8.04 credit; 10.15 total credits collected.Trade closed manually
Closing here for a 9.55 debit while I can for a small profit. .65 ($65) profit. Still have the February 21st 62/94C/95P/127 on.
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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.