Notable profits for the buyer who lifted the $5.87 offer for 1,020 Palantir Technologies (PLTR) 11/14 weekly 185 calls yesterday at 09:35ET when underlying shares were trading at $186.80. Shares closed at $193.61, and the calls at $10.31 for a mark-to-market profit of 76%, or $453K, on the $598K outlay.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLTR:
- MU, NVDA, PLTR, AMD: Are AI Stocks Set for Another Breakout?
- Michael Burry Warns of ‘One of the More Common Frauds’ in AI Valuations, Citing Oracle and Meta Stock
- ‘Betting on What’s Coming Next,’ Says Top Investor About Palantir Stock
- Michael Burry Sounds Alarm on $176B Depreciation Gap among Tech Giants
- C3.ai (AI) Explores the Possibility of Selling Itself