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Moglyzoke Moogleman

Moglyzoke Moogleman

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I'm currently watching FSLY and have taken a decent position with it being down in pre market. Could be a nice long term win. I can share dossier for DD but it's super fucking long so ask in PMs. I could spoiler it but only if interest.
 
Zog

Zog

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Araysar said:
PLTR is now trading at 25.89, feels like a no-brainer buy at this price
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I dont think so brother. Looks like its uhh... not going in a good direction.
 
Zog

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wtff.png



This is what I see when i look at palantir, im relatively new to stocks so if you want to point out what your guys plan is for it, I just see a lot of risk or no growth at all with that $27 compression.

If the original holders sell its not coming back, if you're in it for micro-trends then thats a different story and I see what you're doing.
 
Araysar

Loser Araysar

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Zog said:
View attachment 335796


This is what I see when i look at palantir, im relatively new to stocks so if you want to point out what your guys plan is for it, I just see a lot of risk or no growth at all with that $27 compression.

If the original holders sell its not coming back, if you're in it for micro-trends then thats a different story and I see what you're doing.
Click to expand...

Their Q4 2020 earnings report was very positive and they have a lot of govt contracts lined up. Future is looking good for them, and the price point is already low.
 
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Fogel

Fogel

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Zog said:
View attachment 335796


This is what I see when i look at palantir, im relatively new to stocks so if you want to point out what your guys plan is for it, I just see a lot of risk or no growth at all with that $27 compression.

If the original holders sell its not coming back, if you're in it for micro-trends then thats a different story and I see what you're doing.
Click to expand...

A lot of people here are long PLTR, so if it has support at 25, then that's the perfect opportunity to buy in or buy more. Your shorter chart took it out of context and made it look like it was going to keep crashing. But if you look at the longer chart, you'd see it's primed to bounce
 
Sanrith Descartes

Sanrith Descartes

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PLTR - I own this at $10 so when I hit see it hit $25 I think... wow I am up 150%.

Do I think its a $45 dollar stock today? No. Do I think its an $18-22 stock today? Yes and that is where I sell my puts at. Do I think this company is either going to keep growing and hit $100 at some point or get bought out by a big dog for a lot of money? Yes.

SaaS companies have crazy multiples. Personally, my take is to trade it with puts at this level in the $20 to 22.50 range. If you get assigned you have the stock long term at a good price. If you dont, you rinse and repeat until you get assigned or their next earnings report. Unless you are a day trader, investing is about the long game.

Let me add this context. I feel the market is overbought and due to some form of correction. This is going to lower the tide for most everyone. But ofc ourse, Mr. Market can stay irrational a long fucking time so who knows.

edit: full disclosure I am long the stock and short 5 put contracts at $22.50 expiring next month. I went out to March to ride out the volatility of earnings and lock-up period.

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FYI this is driving PLTR today...

finance.yahoo.com

Palantir Faces Big Test as 80% of Shares Unlock for Trading

(Bloomberg) -- Palantir Technologies Inc. has amassed a long list of shareholders in the nearly two decades since it was founded. On Thursday, almost all of them will have the option to sell as much of their stock as they’d like for the first time.Four-fifths of shares will become eligible to...
finance.yahoo.com
 
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Sanrith Descartes

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WMT beats on revenue but misses on earnings but gets crushed on guidance as they mention pay raises for employees and sales slowing as Coronachan goes away eventually.

-6% pre-market


Here are the results versus the estimates, according to Bloomberg:

  • Adjusted EPS: $1.39 v. $1.50 estimate
  • Revenue: $152.1 billion billion v. $148.39 billion
  • Walmart U.S. comp-store sales (excluding gas): 8.6% v. 5% estimates
  • Walmart U.S. e-commerce sales: 69%

finance.yahoo.com

Walmart Q4 revenue soars, boosted by strength in web sales during COVID-19

The retailer's results were boosted by strength in e-commerce, and it's handing some of that back to workers.
finance.yahoo.com finance.yahoo.com
 
Arden

Arden

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TheBeagle said:
You do realize it's not this thread's job to actively manage your investments right?
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I do indeed big guy, and that's why I never asked if I should unload, stock up, or cash out. That's my decision to make. Like anyone with half a brain cell I try and get as much information as I can before making a decision. Part of my information gathering process is to get opinions from more experienced traders.
 
Borzak

Borzak

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Magic 8 ball says, sure why not.
I am not a professional broker or investment consultant, take all advice with a grain of salt.
 
Locnar

Locnar

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Sanrith Descartes said:
What was the premium you got? Today might be a good day to close out on the dip or roll them out.
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3.69 a share. I see its dropped and my shares look "safe". I'm conflicted because I am (promise) working on getting my margin paid down and would half not mind if it got called away within a dollar or two of strike+premium. Its a winner for me considering i've only held less than a month I think.

Even my overstrock 90 strike for tomorrow (4 dollar premium) is within the range of "no big tragedy" if it now gets called away, and again that money can sorely be used for paying down margin.

Its only CCIV that will be sad tomorrow with the 35 strike and 3.09 premium that I'll be leaving a ton of money on the table with. Still doubled my initial investment with it and again, what better thing to pay down margin with than something thats doubled (well better would be tripple but...)

Thanks for looking out for me, but I think i'm gonna let the NIVIDIA ride. If I keep it, great. If it sells, it should be selling at a acceptable, for me, price.

Edit: and since PLTR has dropped so much, guess who is for sure going to be getting more margin calls in their future anyways??? yeah this guy. So the spice must flow and the shares must sell (no, not PLTR, the other shit).
 
Sanrith Descartes

Sanrith Descartes

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Locnar said:
3.69 a share. I see its dropped and my shares look "safe". I'm conflicted because I am (promise) working on getting my margin paid down and would half not mind if it got called away within a dollar or two of strike+premium. Its a winner for me considering i've only held less than a month I think.

Even my overstrock 90 strike for tomorrow (4 dollar premium) is within the range of "no big tragedy" if it now gets called away, and again that money can sorely be used for paying down margin.

Its only CCIV that will be sad tomorrow with the 35 strike and 3.09 premium that I'll be leaving a ton of money on the table with. Still doubled my initial investment with it and again, what better thing to pay down margin with than something thats doubled (well better would be tripple but...)

Thanks for looking out for me, but I think i'm gonna let the NIVIDIA ride. If I keep it, great. If it sells, it should be selling at a acceptable, for me, price.
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Well, here are you options (no pun). You can close right now for a cost of 2.75 so a profit of about a dollar and keep the shares. Or you can roll out and up to the say the $650 strike next week, pay the 2.75 to close and then get $6 for the new calls. So you add another 3.25 profit and add a week of time and $45 more to the strike.

edit numbers changed a bit as I wrote this.

1613660696970.png
 
Khane

Khane

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We're back in PLTR boys!

Now I don't feel so bad about getting stopped out of it at $23 last time around
 
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Locnar

Locnar

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Sanrith Descartes said:
Well, here are you options (no pun). You can close right now for a cost of 2.75 so a profit of about a dollar and keep the shares. Or you can roll out and up to the say the $650 strike next week, pay the 2.75 to close and then get $6 for the new calls. So you add another 3.25 profit and add a week of time and $45 more to the strike.

edit numbers changed a bit as I wrote this.

View attachment 335846
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Thanks for this example hmmm, I'm going to look into this. Almost seems a no brainer. Seems like the stock price and its premium is dropping a lot though, already to 1.77. What a red day, its not inconvievable that my OSTK will get under strike by tomorrows close, along with NVIDIA staying safe.

What exactly is the command to 'close' this NVIDIA covered call? trade it and select "sell to close"?
 
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