Trade Alert - (PLTR) May 1, 2025 - STOP LOSS

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.

Tech Alert - Palantir Technologies Inc. (PLTR) – SELL STOP LOSS

SELL Palantir Technologies Inc. (PLTR) May 2025 $120-$125 in-the-money vertical BEAR PUT spread at $3.00

Closing Trade

5-1-2025

expiration date: May 16, 2025

Portfolio weighting: 10%

Number of Contracts = 22 contracts

Palantir’s bounce from $73 per share to $120 in just weeks has been breathtaking.

Our lower strike price has been breached, and we are cutting losses right here.

The bear market rally has been quite vicious and could have legs.

Here are the specific trades you need to exit this position:

Sell to Close 22 May 2025 (PLTR) $125 puts at………….$13.60

Buy to Close 22 May 2025 (PLTR) $120 puts at………….$10.60

Net Proceeds:……………………..…….………..….…...............$3.00

Profit: $4.40 - $3.00 = $1.40

(22 X 100 X $1.40) = $3,080 or 31.81%

If you are uncertain about how to execute a bear put options spread, please watch my training video by clicking here.

The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep-in-the-money spread trades can be enormous.

Don’t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile on expiration months farther out.

Keep in mind that these are ballpark prices at best. After the alerts go out, prices can be all over the map.

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