Trader Suggests Potential Bullish Options Strategies Involving Palantir Technologies (PLTR) Stock

From Yahoo Finance: 2025-05-10 15:36:00

Scott Bauer, CEO of Prosper Trading Academy, discussed bullish options strategies for Palantir Technologies (PLTR) stock on Schwab Network. He suggested buying calls with a $110 to $120 spread, paying a $3 premium, or selling puts. Rick Ducat, Lead Market Technician, analyzed PLTR’s technical status, noting key levels near $125 and below $135.

Bauer is waiting for PLTR shares to drop to the “$105 area” before executing his bullish options strategy. He mentioned buying calls expiring on May 30 and using a $110 to $120 call spread strategy with a $3 premium. Alternatively, he suggested selling puts on the stock.

Ducat’s technical analysis of Palantir Technologies (PLTR) highlighted that the stock recently tested the 21-day exponential moving average but did not fall to that level. The Relative Strength Interval was below overbought levels, but RSI remained above 50, indicating bullish momentum. Key upside levels include $125 and just below $135.



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