I opened $Palantir Technologies Inc.(PLTR)$  ,Building a Stronger Position in Palantir at $36.60 Today, I seized the opportunity to build a stronger position in Palantir (PLTR) by purchasing additional shares at $36.60, which has shown strong support around that level. This strategic move comes as part of my broader plan, where I already have a sell call contract at $36, meaning if the stock price remains at or above $36, my shares will likely be assigned and sold at that price. While this might seem like I’m cutting it close, it’s part of a calculated strategy to maximize my gains. Palantir has been consistently trading near this $36.60 support level, offering a prime buying opportunity for those looking to ride its growth in AI and data analytics. I believe in its long-term potential, so increasing my position at this price aligns with my confidence in the company’s upward trajectory. Although my sell call at $36 could mean I’m forced to sell those shares at a slight discount, the premiums I’ve already collected through this strategy make it worthwhile. This approach allows me to effectively trade around my core position, capturing profits in the short term while maintaining exposure to future gains. Even if my shares are called away at $36, I’ve made a profit from the sell call and can always look to re-enter on dips like today’s. For now, I’ll watch the price action closely, ready to adjust my strategy as needed.
PLTR
09-23 21:34
USPalantir Technologies Inc.
SidePriceRealized P&L
Buy
Open
36.60--
Closed
Palantir Technologies Inc.
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  • Sushil
    ·09-25
    oops its gonna crash and burn soon. ceo and insiders are selling actively.
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  • CINDYTAN
    ·09-24
    [smile]
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