Jo Ker
05-07
$Palantir Technologies Inc.(PLTR)$  Hi all! Palantir beat estimates slightly and adjusted revenue forecast slightly upwards but it is still enough for the market at the moment. Looks like a losing trade even if we could have cashed out with good profits just before the earnings report. Well you win some and you lose some.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • mster
    05-07
    mster
    8% drop basically just erase the 8% single day gain before earnings. May just be a knee jerk reaction and be back up and stabilize at mid 20’s
    • Jo Ker: 
      Yup barring any unlikely announcements of new big contracts these two weeks. Those holding monthly call options like me should be counting our losses
    • msterReplyJo Ker: 
      Ah! Yes, this will not be good for Long Call, especially short dated ones, IV will crush a big chunk of the value. 🤞
    • Jo Ker: 
      Well the upwards momentum is lost and unless we regain it within two days, the earnings report trade for long call options should be a losing trade. There is a post market after earnings report rally attempt from $22+ all the way to $24.79. But the price failed to stay above even $24 so things are looking pretty grim. Of course, l will still wait for the main market reaction but l am prepared for a total loss for my call options.
Leave a comment
4
335