Currently a Strong Bearish Trend on PLTR
Bounced off $22, let's see if PLTR can hit $25. If it breaks out of $25 I might establish a long position. If not, I'll wait for a drop to about $20-$22 or so. At least it's the whole market that is down, not just PLTR. With all the drone strikes going on in Syria, it's a little ugly for me to say this, but I'm bullish on PLTR for conflicts in the middle east.
Potential PT on the temporary spike: ~$28
PLTR is prolly gonna fade after like it always does. Kinda sucks but at least it's predictable. You know the drill, buy calls on the open, when they hit, take profits and then sell calls against my other leaps and shares.
Might fuck around and use an options profit calc or black Scholes equations to set limit orders.