PLTR target reach….and out of calls at $185.30, quick scalp, quick profits. 2/3 on this one today. Study your charts, set your targets, have an exit strategy and the wins will come to you. All moves don’t need to be huge move, account growth is the goal.
PLTR I really think institutions are taking advantage of the low volume on this stock and using gamma to pin the price here until earnings. They don't want the price to rise above 190 because many retail traders have limit orders to sell between 190 and 200. They want to try and hold the price here until their shares hit the 1 year mark from the rally that started last November so they can get the tax savings then they will start selling. I think earnings will either miss by some metric and cause it to crash or it will melt up to 200 and instantly reject. Once they finish selling all they can to retail traders they will change the narrative to something negative and make millions on put options.
PLTR I trade both sides because it’s simply more profitable. But even in this inflated market, bearish plays can still pay. Just because stocks are green doesn’t mean puts are dead….momentum shifts, and volatility creates opportunity. Random entries will bleed your account, but if you truly understand your indicators and chart setups, precise timing turns trades into wins. For instance, puts near the HOD are paying right now.
PLTR could it $250 post earnings. Comments please ?
