What’s the expected impact of the PLTR downgrade by MorganStanley? I want to get in right around $23 but may grab some before it possibly gets there for a long position.

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I think the impact is already realized w pltr dropping 10-15% after that announcement

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Yes already priced in like manager 1 has said.

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Ploy to drop the price so institutions can swoop up shares at a cheaper price. DISCLAIMER: I have no idea what I’m talking about

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Continue to sell puts while IV is high for few months out. I sold 10 contacts at $14 for 1/15/2021, was $2.95/contract when opened position so received just short of $3k cash upfront

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You also tie up $14K cash for 2 months. You could have made just buying shares and locking the upswing with covered calls.

Yes impact by that type news happens as soon as the news comes out. I’d buy now if you are long on PLTR as it shouldn’t be going lower due to that news.

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Interesting question MD. I would say there’s a short squeeze - you stated where you wanted to get in at 23 but it’s trading above that.. some I’m confused on your long position. Either way, PLTR is squeezing bullish - expect it to go up. But, personally I want it to go down.

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Tank city with my spicy puts!!

Did you trim your puts?

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