By Dan Darrow

August 29, 2022

Intraday Update: PLTR

A weak open on the indices after a buyer-strike close on Friday will likely make for a busy morning, but we will start off by wrapping up PLTR.  The early drop has sent PLTR near May/June support, and it is offering a nice opportunity to lock in the remainder of the trade - Oct21 $8 - $6 put spread.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication