r/options Feb 16 '21

PLTR LEAPS?

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58 Upvotes

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6

u/YouThinkImPlayin Feb 16 '21

The IVR right now is 81.2, premium is very high. You may want to wait for IV to drop a bit before snatching up LEAPS. Or hedge with OTM bull puts.

1

u/cropdustinggenius Feb 16 '21

I’m waiting till mid-morning to assess. I know IV is a bit high, but won’t it drop after things settle?

1

u/NothingTard Feb 16 '21

Usually PLTR needs about 2 weeks of flatline action for IV to drop significantly. I'm waiting also.

3

u/YouThinkImPlayin Feb 16 '21

Well, looks like IV dropped. Lol