Entered a Large Naked Position With PLTR

PLTR is on the move and I just sold a large Naked position. I’m hoping the stock will back off a little before Friday. Read more…

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John LeBrecht says:

January 25, 2021 at 3:12 pm

I tried to go Naked with a Jan 29 $36 Strike but set a trigger at $35.5 to cover. It triggered less than 10 minutes later, so I remain covered. This stock is going crazy.

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The Options Coach says:

January 25, 2021 at 4:51 pm

Good luck with that position. As you know I’m Naked with the $45 Strike.

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