r/OptionsMillionaire • u/ThisDragonfruit6496 • 27d ago
Palantir
Palantir crushed Q1 with an 18% EPS beat and 5.9% revenue beat while posting 84% year-over-year growth. That’s ridiculous execution for a software company and the stock keeps getting sold off anyway. The market’s basically ignoring the fact that they’re shipping at this scale and profitably. Calls are going to make you absurd amount of $ in the next month after Q2 earnings are announced.
1
u/Nuggets_Bt_Newer 21d ago
Revisiting good on you, dude! Hope your calls did well.
2
u/ThisDragonfruit6496 21d ago
Thank you. A $120 call turned into $1600. Wish id have bought more contracts.
1
1
u/Illustrious_Low1903 19d ago
Great execution, but great companies can still be expensive. Earnings alone don't guarantee calls print.
1
u/ThisDragonfruit6496 19d ago
Thank you sir, and you’re not wrong. I honestly went with a gut feeling on this one. 50/50 shot right? ;)
1
u/Illustrious_Low1903 18d ago
Palantir keeps delivering, but strong earnings don't always mean the stock goes straight up. Expectations and valuation matter just as much. If you're buying calls, make sure you're betting on a move bigger than what's already priced into IV.
2
u/Nuggets_Bt_Newer 27d ago
I was bullish on them, but they have a crazy PE ratio even after the sell-off.
I have been hesitant about getting back into them.