@nathanworden lemme check on this

@diggity thanks Delos!

@nathanworden fixed. it's a long option

@diggity wohoo thanks!

@nathanworden I'm bullish long term

@dissectmarkets This is a great question, I am also curious 😃

@dissectmarkets So a $5 Call would be the right to buy 100 shares of PLTR for $5 per share by January 16th, 2025. If PLTR shares aren't $5 or higher on Jan 16th, 2025, this option will expire worthless.

Since the share price is currently $7.84, if you assume PLTR DOESN'T fall 36%, then these options will be worth... something. But to make the full premium back, you'd need PLTR to go up at least 14.16% (to $8.95).

I guess that's a pretty safe bet... PLTR will probably go up by 14% at some point in the next 21 months.

^ Is that essentially the bet you're making @eric or do you think about this differently?

@dissectmarkets PLTR's next earnings call is May 8th... and with how the rest of tech has been doing, maybe this is an earnings play?

@nathanworden @dissectmarkets it's a safe play for earnings, as well of over the long term IMO. I think the general defense and government spending space will see more contracts, at higher contracts, and I also like what Palantir is doing with AI.

@eric not bad reasoning at all 🙌