Long
PLTR Ascending Triangle on the 1D Chart
It appears that PLTR is in an ascending triangle with a possible break to the upside in September-November. I am selling puts at anything under $20 strike price and doing covered calls at $26. I can generate about 5500/WEEK with little risk of losing shares. I am also using the money made from selling puts to purchase JAN 20 2023 LEAPS for a strike price of $30 and some at $50. These could print big money if PLTR catches on!
Anyways, let me know what you guys think! I'm pretty new to all of this so I would love some feedback!
Much love,
MagicMan
Anyways, let me know what you guys think! I'm pretty new to all of this so I would love some feedback!
Much love,
MagicMan
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.