Went tits up, but before that, I made a pretty penny on my March calls, some 1/29 calls, and some 45c & 50c I sold to hedge. Wish I had bought a leap and calls, but you can't buy them all.
Short term I am bearish, PLTR might go under $30 like to $27 or $28. Earnings might get eclipsed by all this meme stuff, but it looks like the movement is losing steam. Last major tech earnings created a beautiful dip that was rewarded handsomely if you bought.
I should probably close any short term long positions I have, sell some calls around earnings for moderately high IV, then buy back after earnings. Looking for calls at least in April. Gotta roll them before theta eats their ass ya know.
Looks like the hedge funds have a sense of humor and drew a middle finger with the price action. Ah yes, head and shoulders, but it doesn't look like there will be any head before Valentine's Day.
Short term I am bearish, PLTR might go under $30 like to $27 or $28. Earnings might get eclipsed by all this meme stuff, but it looks like the movement is losing steam. Last major tech earnings created a beautiful dip that was rewarded handsomely if you bought.
I should probably close any short term long positions I have, sell some calls around earnings for moderately high IV, then buy back after earnings. Looking for calls at least in April. Gotta roll them before theta eats their ass ya know.
Looks like the hedge funds have a sense of humor and drew a middle finger with the price action. Ah yes, head and shoulders, but it doesn't look like there will be any head before Valentine's Day.
