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!