Wolveofwallstreet
10-31 00:40
$PLTR 20261106 260.0 CALL$ Seems like a bad trade! 


I would NOT buy this PLTR $260 call at $0.30 right now. PLTR closed around $196.42, meaning the stock needs to rise over 32% in roughly one week just to reach the strike, before accounting for premium. The key catalyst is Q3 earnings on November 2. Fundamentals remain strong: Q2 revenue grew 93%, U.S. commercial revenue 149%, and management guided FY2026 revenue growth of 82%. However, valuation is demanding, while November 6 options carry high implied volatility around 97.5%, creating significant IV-crush risk after earnings. I prefer owning PLTR shares or a lower-strike call than chasing this far OTM contract.
PLTR CALL
10-30 03:53
US20261106 260.0
SidePrice | FilledRealized P&L
Sell
Open
0.30
1Lot(s)
+33.34%
Holding
Palantir Technologies Inc.
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Comments

  • OwenBess
    10-31 00:52
    OwenBess
    97.5% IV is the whole problem here, not just the 32% move. One bad guide and that premium gets vaporized fast
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