Terra Incognita
05-29

I opened $PLTR 20240628 19.5 PUT$  ,PLTR: collected 1.45% when sold cash secured put on PLTR with same strike of $19.5 and expiring in 31st days on the 28th June. PLTR seems to be consolidating with most moving averages compressing around the midpoint of $20.5. The selected strike was just a notch above its 200 days MA support and at the next of a large gap fill back to the $17.5 range. Looking for the $20 support to hold the line to continue profit else will either buy in the stock or roll further out depending on market situation and capital liquidity when the decision arises.
PLTR PUT
05-28 23:14
US20240628 19.5
SidePriceRealized P&L
Sell
Open
0.29--
Closed
Palantir Technologies Inc.
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  • JimmyTurner
    ·05-30
    TOP

    Long term options are more risky than short term?

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    • Terra Incognita: 
      Depends on which side you trade on. Longer term just meant more events could had happened in between and affect the stock direction.
      06-04
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  • TigerOptions
    ·05-31
    [Miser][Miser][Miser]
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