PLTR touched $67.88 this morning, taking all of our calls in both the PRO and Premium Trading Services with it to new highs. Every single unexpired call in the PRO service is now deep in the money. Trade up, or, just hold on for the ride? PLTR - PRO Service Calls (Unexpired) PLTR is up 2.5% today, while all of the above unexpired calls are up between 12-14%. Going out of the money, the Jan $70C is up 22% and the Feb 21st $80C is up 20%. Not that much additional leverage to take on the risk of going from deep in the money to out of the money. Add in bid/ask slippage and costs associated with rolling up, I just don't see the risk:reward advantage. Stand pat and/or Sell Dec $37C and buy Jan $70C, banking half your gains. PLTR - Jan Out-of-the-Money Calls PLTR PLTR is gapped up out of the Wave iv triangle and is headed toward the $70's and ultimately, triple digits. All PLTR 2024 PRO Service Option Trades Pyramiding PLTR Calls (Not Recommended, just illustrative) How to turn $1,000 into $198,011 in six months.
