Terra_Incognita
10-08 23:50

$PLTR VERTICAL 261120 CALL 200.0/CALL 195.0$ 1️⃣ Why am I making this trade now?

PLTR broke $200 and retreated.

Setup this Bull Call Spread at $195/200 expiring on 20th Nov to give this plenty of room to move. 

Paid debit of $2.5 so breakeven at $197.5 which the stock is already trading above.

Just have to wait the next 40+ days for theta to work its round and for PLTR to hold the current ground. 

GEX analysis call wall at $200


2️⃣ What’s my plan from here?

Preset take profit at about 70-90% gains.

Cut loss of premium lose 50%.
PLTR Vertical
10-08 23:38
US200.0/195.0
SidePriceRealized P&L
Debit
Open
2.50--
Holding
PLTR VERTICAL 261120 CALL 200.0/CALL 195.0
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Comment（2）

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  • JulianAlerander
    ·00:32
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    That spread is pretty clean around the 200 call wall. If PLTR can push through 205, rolling it up makes more sense than waiting for max profit.
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    • Terra_Incognita: 
      PLTR certainly is running up now. Still $200 call wall is something to respect and we’ll see how it goes from then on.
      16:37
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