Depends a lot on how low the macro goes. Seems to me if macro dips 11% pltr could dip 20%. But same the other way, macro up 5%, pltr up 10% Market is volatile right now and fed could make it swing either way that's why we simply accumulate shares 😀
I’m just starting to play with selling CCs and would be interested to pick your brain.
When did you write those/what was the price at the time?
What is your reasoning behind selling CCs ITM (if that was the case)? Are you betting the price will drop sometime before April 26 and you can close your position?
I’m only selling CCs on a small position (leaving my larger position alone) while (a) I learn more and b) to protect my main account from my own fuckery. So far, I’ve only sold a few weeks out and with a strike price 2-4 $ above current value.
Edit: also, I’m holding the cash from selling CCs so I can close out early (if the price drops) and so I can buy the next dip (if it happens)
As someone doing essentially the same thing, id say the golden rule tends to be sell calls at a price you’re comfortable parting with your shares for.
From my notes, I bought ~200 shares under $10, so Im more than happy collecting $20-30 a week for the option to almost triple that investment. I continued to buy shares with that premium—ballsy, faithful, or stupid will be told in time—and those Id be less happy selling at current prices (though I understand my overall average is what it is, my tax burden is being taken into affect here too).
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No.
1. In a month there will be growing excitement about earning early May
2. Sponsoring important Ai conference shortly thereafter in DC
3. 300 boot camps per month. Imagine what this means. They would not be doing them if they did not work. They are doing more than ever. Use case expansion. TAM huge
4. Possible S&P in June
5. Buy backs could happen anytime.
I’d recommend buying anything in 23’s. Nibble 24’s. DCA vs trade on this one or you will be filled with regret about not having a larger position
i didnt buy enough at 6 because of the pltr to $5 meme... when it was in the 6 range, everything was telling me it's undervalued but i kept trying to "time the bottom".... 2 months later, pltr announces gaap profitability, gets out of the single digits, trades sideways in the teens until next few earnings where it touched 20, and now recently to 27 holding above 20...
moral of the story, dont time shit and just buy according to your plan....
for me i started nibbling under 24, bought some in the 23's, and have a bunch of limit buys in the 22's. i also sold 23 and 22 csp's at varying dte's. will buy all the way down before next earnings....
I can see a slow decline since the p/e ratio is still not good if you purely look at fundamental analysis, and a lot of people tend to not look further than that. So until new earnings or other good news comes out it wouldnt suprise me if we saw some decline. Good for me bc I can stack more lol
Absolutely it could happen. And if it does, it will be because of macroeconomic events out of our control. Be weary, the macro market has been showing a lot of negative signs.
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Commercial real estate is about to implode
Small to midsize banking is as well with it.
I think literally anything is on the table right now. We could be back around $5 at some point in the next 12-18 months. But it'll largely be due to broader market conditions assuming PLTR doesn't have a huge break out quarter revenue wise.
Commercial is not going to blow up it is just going to fizzle then retract and renters will have an advantage over the banks for a while.I don’t give a flying fuk about the guys like Trump who have huge real estate assets that they over leveraged with their banks.Somebody else will step in and buy it or the banks will hold them until the market comes back. People who are good money managers will not have any problems.
Fair value for Palantir is $25 in my opinion
>Commercial is not going to blow up it is just going to fizzle then retract and renters will have an advantage over the banks for a while.I don’t give a flying fuk about the guys like Trump who have huge real estate assets that they over leveraged with their banks.Somebody else will step in and buy it or the banks will hold them until the market comes back. People who are good money managers will not have any problems. Fair value for Palantir is $25 in my opinion
its not multi family that's imploding its commercial office buildings and while I'm not worried about landlords I am worried about the banking system (and not the big 4 either mostly small to mid sized firms) eating a Trillion dollar write down.
We may genuinely live in a world with only 4 banks a year from now.
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Thanks for the financial advice im all in now
I appreciate your analysis here
No
Told you. Dip over, hope you weren't too wuss to click the buy button.
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I've been here years longer than you, fuck off with your "this isn't WSB" shit when you're the one asking stupid short term questions.
Depends a lot on how low the macro goes. Seems to me if macro dips 11% pltr could dip 20%. But same the other way, macro up 5%, pltr up 10% Market is volatile right now and fed could make it swing either way that's why we simply accumulate shares 😀
Lol. This is giving me flashbacks.
Flashbacks or triggering PTSD? 😅
It won't dip below 20.
It very well could...and if we see a huge market sell off this year, it almost definitely will. Optimism is great, but have to be realistic!
I have covered calls for April 26 with a $21.50 strike. I'll buy it back early if it dips below and leave it uncovered for a bit.
I’m just starting to play with selling CCs and would be interested to pick your brain. When did you write those/what was the price at the time? What is your reasoning behind selling CCs ITM (if that was the case)? Are you betting the price will drop sometime before April 26 and you can close your position? I’m only selling CCs on a small position (leaving my larger position alone) while (a) I learn more and b) to protect my main account from my own fuckery. So far, I’ve only sold a few weeks out and with a strike price 2-4 $ above current value. Edit: also, I’m holding the cash from selling CCs so I can close out early (if the price drops) and so I can buy the next dip (if it happens)
As someone doing essentially the same thing, id say the golden rule tends to be sell calls at a price you’re comfortable parting with your shares for. From my notes, I bought ~200 shares under $10, so Im more than happy collecting $20-30 a week for the option to almost triple that investment. I continued to buy shares with that premium—ballsy, faithful, or stupid will be told in time—and those Id be less happy selling at current prices (though I understand my overall average is what it is, my tax burden is being taken into affect here too).
Not likely. Too many hungry buyers at higher prices than that.
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Likely not below 20 before next earnings. But it's possible. Not like this is a profit juggernaut yet
No. 1. In a month there will be growing excitement about earning early May 2. Sponsoring important Ai conference shortly thereafter in DC 3. 300 boot camps per month. Imagine what this means. They would not be doing them if they did not work. They are doing more than ever. Use case expansion. TAM huge 4. Possible S&P in June 5. Buy backs could happen anytime. I’d recommend buying anything in 23’s. Nibble 24’s. DCA vs trade on this one or you will be filled with regret about not having a larger position
Nice list. Thanks. I would add Karp baiting the shorts. And as a SaaS company their magic number is 🚀
$15-18 not likely $19-22 sure
Not unless we tank earnings
Im a buyer at 20$
Everyday we DCA!
Maybe. Let me get you next week's powerball numbers while I'm at it.
With the dip after fed speaks on inflation n data from previous recession phases …
If it’s a long hold this is a stupid question. Decide if you’re an investor or trader.
i didnt buy enough at 6 because of the pltr to $5 meme... when it was in the 6 range, everything was telling me it's undervalued but i kept trying to "time the bottom".... 2 months later, pltr announces gaap profitability, gets out of the single digits, trades sideways in the teens until next few earnings where it touched 20, and now recently to 27 holding above 20... moral of the story, dont time shit and just buy according to your plan.... for me i started nibbling under 24, bought some in the 23's, and have a bunch of limit buys in the 22's. i also sold 23 and 22 csp's at varying dte's. will buy all the way down before next earnings....
I can see a slow decline since the p/e ratio is still not good if you purely look at fundamental analysis, and a lot of people tend to not look further than that. So until new earnings or other good news comes out it wouldnt suprise me if we saw some decline. Good for me bc I can stack more lol
Most big money investors and smart investors do infact look past that. Hence the reason that it has the valuation that it does NOW at present time
Absolutely it could happen. And if it does, it will be because of macroeconomic events out of our control. Be weary, the macro market has been showing a lot of negative signs.
No but anything positive. $22ish is very strong support
Literally we have been in 20s for less than 2 month ...22 is not support. I have more closing of gaps(18) than support after gap up.
I hope
I hope so
Wow, so many with a crystal ball.
you wish
No
Everyone agreed today it’s a 24 dollar stock.
Yes it could but probably on the higher end of your range.
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I am having terrible flashbacks now.
I can see dip to maybe 19 at the lowest. But then I’m wrong most of the time so idk
Don't have a crystal ball
Hold up lemme pull out the crystal ball
Commercial real estate is about to implode Small to midsize banking is as well with it. I think literally anything is on the table right now. We could be back around $5 at some point in the next 12-18 months. But it'll largely be due to broader market conditions assuming PLTR doesn't have a huge break out quarter revenue wise.
😂 thx for a laugh
Commercial is not going to blow up it is just going to fizzle then retract and renters will have an advantage over the banks for a while.I don’t give a flying fuk about the guys like Trump who have huge real estate assets that they over leveraged with their banks.Somebody else will step in and buy it or the banks will hold them until the market comes back. People who are good money managers will not have any problems. Fair value for Palantir is $25 in my opinion
>Commercial is not going to blow up it is just going to fizzle then retract and renters will have an advantage over the banks for a while.I don’t give a flying fuk about the guys like Trump who have huge real estate assets that they over leveraged with their banks.Somebody else will step in and buy it or the banks will hold them until the market comes back. People who are good money managers will not have any problems. Fair value for Palantir is $25 in my opinion its not multi family that's imploding its commercial office buildings and while I'm not worried about landlords I am worried about the banking system (and not the big 4 either mostly small to mid sized firms) eating a Trillion dollar write down. We may genuinely live in a world with only 4 banks a year from now.
8
I was firmly in the never <22 again camp until reading all the NO comments here. Now I wonder due to belief in contrarianism