TopOptionsAIerts
Nov 1, 11:01 AM
$PLTR NOV20 190C · still actionable
Zone:
$182.82 to
$185.40
Invalidation: close under
$180.81
Objectives:
$196.42, then
$209.05
The math: up 6.7% to the first objective and 13.5% to the second, against 1.8% risk on the invalidation, better than 7 to 1 to the second.
I like this swing because Friday flushed it to
$180.81 and buyers still closed it back at
$184.11. Earnings land Monday after close, so the Nov 20 expiry gives this room past the report. The zone is tight and the invalidation is clear, so you know where you are wrong before the move starts. If
$180.81 holds,
$196.42 is the first spot to watch for buyers pushing back toward the highs.
Watch:
$186.70, the 50 day average.
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