Mar. 12 at 10:19 PM
$PLTR looking spicy with AIPCon’s growth guidance and that fresh
$200 PT upgrade
Seeing lots of action today with about 80% calls by premium
Big moves with
$3.1m in 3/13
$155 call sweeps
Traders are betting on some short term pops around
$155
Past five sessions showed a focus on March-April calls between
$160 and
$170
Seems like a solid zone for swing traders to set up call spreads or target profits
But watch out, there’s also hefty downside protection with 4/2
$150P blocks and those April
$135 to
$125 put sweeps
Bigger players are hedging so maybe consider defined risk structures instead of going all in on long calls