3/11/2021 Markets jump (QQQ up significantly again). Bought back PLTR short puts. Looking for a market dip to reenter long, and ORCL looks good at these levels.

Hi everyone. The markets are up significantly today (especially QQQ). I’m not sure what to do here because risk reward is mostly neutral and the market could go either direction now. I got out of my short puts on PLTR for a 94% gain when price was near $26.55 today.

PLTR daily chart below:

ORCL reported earnings and are down significantly, it looks like a buyable dip so I plan to either scale into shares or sell weekly puts.

ORCL daily chart below:

I hope you have a nice rest of your week!


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