Initial Put Option Strategy (11 July 2024) On 11 July 2024, I executed a strategy involving the sale of two put option contracts for Palantir Technologies (PLTR) $Palantir Technologies Inc.(PLTR)$ with a strike price of USD 23, maturing on 9 August 2024. For each contract, I collected an option premium of USD 50, resulting in a total premium of USD 100. Rationale: Strong Stock Performance: Palantir's stock has surged 80% over the past year, indicating robust market confidence and performance. AI Capabilities: The company's AI-enhanced software has proven valuable to its customers, enhancing its market positioning and business prospects. Future Outlook: Palantir is well-positioned for continued growth, reflect
Palantir 52-Week-High: Next Target is $30?
Palantir reached a 52-week high on Monday, hitting $29.3. Among AI players, Palantir Technologies has emerged as a standout leader. Plus, its founder Peter Thiel is a strong supporter for J.D. Vance and Trump. --------- Is $30 the next target? Are you optimistic about Palantir's prospects?
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