Reported 2 days ago
Scott Bauer, CEO of Prosper Trading Academy, recommended potential bullish options strategies for Palantir Technologies (PLTR) stock following its first-quarter earnings report. He anticipates waiting for the stock to reach around $105 to implement his strategies, considering buying calls that expire on May 30, and employs a $110 to $120 call spread while recommending selling puts. Alongside, market technician Rick Ducat provided insights on PLTR's technical condition, noting its bullish momentum despite not reaching key levels.
Source: YAHOO