$PLTR 20260515 120.0 PUT$ $PLT-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$PLTR 20260515 120.0 PUT$

$PLTR PUT $120 | Over halfway there. Thesis intact.

Sold the $PLTR 20260515 $120.0 PUT at $4.49.

Now trading at $2.20. Unrealized: +51.03%.

Position is healthy. Here's the full picture.

Why Palantir at $120?

Let me be direct — PLTR is not cheap by any traditional metric. It never has been. But that's not why I sold this put.

I sold it because the business has crossed a line that most people haven't fully priced in yet. US Government contracts aren't going away. AIP — their AI platform for enterprise — is genuinely gaining traction with commercial clients. The demo days they run convert at a rate that almost no other enterprise software company can replicate. Revenue is growing. Margins are expanding. And they just got added to the S&P 500 not too long ago, which brings a structural bid from passive funds.

$120 as a strike isn't me calling a floor. It's me saying — at this price, the risk-reward of owning the business outright is something I can live with if I get assigned. That's the discipline. You don't sell puts on names you wouldn't hold.

Why the premium was worth collecting:

PLTR carries elevated IV relative to its sector peers. That's partly the retail enthusiasm around it, partly the binary nature of government contract news flow. Either way — that elevated premium is real money in my pocket as the seller. $4.49 collected on a name I'm fundamentally comfortable with at the strike. That's not a gamble, that's a structured income trade.

Where I stand now:

Past the 50% mark. No earnings in the immediate window. Stock is trading well above the strike. Macro headwinds exist broadly but nothing specifically threatening the PLTR thesis — if anything, government AI spending is accelerating, not decelerating.

Holding. Letting theta finish the job.

The only thing that changes my mind:

A genuine breakdown in government IT budget allocation, or PLTR losing a flagship contract that signals competitive displacement. Neither is showing up in the data right now.

Until then — system says hold, I hold.

Not financial advice. Options carry significant risk. Size responsibly.

#PLTR #Palantir #SellPut #WheelStrategy #TigerIDEA #TigerCommunity #OptionsIncome #PremiumSelling #AIEnterprise #T184_Options

Modified in.04-17

Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.

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But that's not why I sold this put.</p>\n<p>I sold it because the business has crossed a line that most people haven't fully priced in yet. US Government contracts aren't going away. AIP — their AI platform for enterprise — is genuinely gaining traction with commercial clients. The demo days they run convert at a rate that almost no other enterprise software company can replicate. Revenue is growing. Margins are expanding. And they just got added to the S&amp;P 500 not too long ago, which brings a structural bid from passive funds.</p>\n<p>$120 as a strike isn't me calling a floor. It's me saying — at this price, the risk-reward of owning the business outright is something I can live with if I get assigned. That's the discipline. You don't sell puts on names you wouldn't hold.</p>\n<p>Why the premium was worth collecting:</p>\n<p>PLTR carries elevated IV relative to its sector peers. That's partly the retail enthusiasm around it, partly the binary nature of government contract news flow. Either way — that elevated premium is real money in my pocket as the seller. $4.49 collected on a name I'm fundamentally comfortable with at the strike. That's not a gamble, that's a structured income trade.</p>\n<p>Where I stand now:</p>\n<p>Past the 50% mark. No earnings in the immediate window. Stock is trading well above the strike. Macro headwinds exist broadly but nothing specifically threatening the PLTR thesis — if anything, government AI spending is accelerating, not decelerating.</p>\n<p>Holding. Letting theta finish the job.</p>\n<p>The only thing that changes my mind:</p>\n<p>A genuine breakdown in government IT budget allocation, or PLTR losing a flagship contract that signals competitive displacement. Neither is showing up in the data right now.</p>\n<p>Until then — system says hold, I hold.</p>\n<p>Not financial advice. Options carry significant risk. Size responsibly.</p>\n<p>#PLTR #Palantir #SellPut #WheelStrategy #TigerIDEA #TigerCommunity #OptionsIncome #PremiumSelling #AIEnterprise #T184_Options</p><img src=\"https://community-static.tradeup.com/news/68d4a3e95511c3091dcb06a730a171f0\" tg-width=\"782\" tg-height=\"1525\"></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/OPT/PLTR 20260515 120.0 PUT\">$PLTR 20260515 120.0 PUT$ </a>&nbsp;</p>\n<p>$PLTR PUT $120 | Over halfway there. Thesis intact.</p>\n<p>Sold the $PLTR 20260515 $120.0 PUT at $4.49.</p>\n<p>Now trading at $2.20. Unrealized: +51.03%.</p>\n<p>Position is healthy. Here's the full picture.</p>\n<p>Why Palantir at $120?</p>\n<p>Let me be direct — PLTR is not cheap by any traditional metric. It never has been. But that's not why I sold this put.</p>\n<p>I sold it because the business has crossed a line that most people haven't fully priced in yet. US Government contracts aren't going away. AIP — their AI platform for enterprise — is genuinely gaining traction with commercial clients. The demo days they run convert at a rate that almost no other enterprise software company can replicate. Revenue is growing. Margins are expanding. And they just got added to the S&amp;P 500 not too long ago, which brings a structural bid from passive funds.</p>\n<p>$120 as a strike isn't me calling a floor. It's me saying — at this price, the risk-reward of owning the business outright is something I can live with if I get assigned. That's the discipline. You don't sell puts on names you wouldn't hold.</p>\n<p>Why the premium was worth collecting:</p>\n<p>PLTR carries elevated IV relative to its sector peers. That's partly the retail enthusiasm around it, partly the binary nature of government contract news flow. Either way — that elevated premium is real money in my pocket as the seller. $4.49 collected on a name I'm fundamentally comfortable with at the strike. 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Size responsibly.</p>\n<p>#PLTR #Palantir #SellPut #WheelStrategy #TigerIDEA #TigerCommunity #OptionsIncome #PremiumSelling #AIEnterprise #T184_Options</p><img src=\"https://community-static.tradeup.com/news/68d4a3e95511c3091dcb06a730a171f0\" tg-width=\"782\" tg-height=\"1525\"></body></html>","text":"$PLTR 20260515 120.0 PUT$ $PLTR PUT $120 | Over halfway there. Thesis intact. Sold the $PLTR 20260515 $120.0 PUT at $4.49. Now trading at $2.20. Unrealized: +51.03%. Position is healthy. Here's the full picture. Why Palantir at $120? Let me be direct — PLTR is not cheap by any traditional metric. It never has been. But that's not why I sold this put. I sold it because the business has crossed a line that most people haven't fully priced in yet. US Government contracts aren't going away. AIP — their AI platform for enterprise — is genuinely gaining traction with commercial clients. The demo days they run convert at a rate that almost no other enterprise software company can replicate. 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Macro headwinds exist broadly but nothing specifically threatening the PLTR thesis — if anything, government AI spending is accelerating, not decelerating. Holding. Letting theta finish the job. The only thing that changes my mind: A genuine breakdown in government IT budget allocation, or PLTR losing a flagship contract that signals competitive displacement. Neither is showing up in the data right now. Until then — system says hold, I hold. Not financial advice. Options carry significant risk. 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