Top 3 Stocks Analysis, Palantir Earnings Today

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Hey Options Trader,

More uncertainty looms this week as the presidential odds have drastically shifted! Here’s the breakdown:

1. Palantir $PLTR earnings after the bell, my current position

2. Apple touches bottom bollinger band, what i’m doing next

3. $NVDA looking HOT to breakout

4. VIX levels + Presidential odds via Kalshi (US legal betting market)

$PLTR my favorite stock under $150 billion market cap

Palantir, an AI data analytics company, reports earnings after the bell!

I currently have 7 cash secured puts (November 15 $38 Puts) which i'm collecting around $813. Depending on how earnings play out, I might get assigned on these shares or I they might expire worthless and I will sell another set of puts that expire in December to collect MORE INCOME!

I believe this is a decent entry point as the stock is trading around $40 from its highs of $44. I personally would wait until end of day tomorrow to figure out the direction of PLTR as we saw GOOGL have blowout earnings, then give most of it away the day after.

$NVDA Looking HOT!

Nvidia reports earnings on the 20th of this month. Historically we see $NVDA run up into earnings, thats why I have tripled down on my position. If NVDA doesn’t go anywhere until earnings, I will have still collected premium and time decay.

My current position: 4 - $135 Nov22 puts and 4 - $132 Nov11 puts to collect income before earnings and after earnings. I also own 100 shares as I just had 200 shares called away at $130.

The reason my bullish thesis remains on NVDA is because, Apple, Meta, and Google just announced in their earnings releases that they will be spending significantly more on Ai chips from Nvidia, which will eat into their profits. This is wonderful news for Nvidia.

Also historical P/E, price to earnings, is extremely low for Nvda meaning their earnings are growing at a faster rate then the demand for their shares.

We just touched the bottom bollinger band and bounced up. My take is NVDA shoots to $160 with good earnings. $115 with bad earnings.

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$AAPL

Apple has been trading sideways for quite some time which has been a steady income stream for options sellers and a nightmare for shareholders.

They are fundamentally expensive if you look at their historical P/E ratio. That is why I am more comfortable selling puts on the dips to get lower entries on the stock rather than buying shares outright.

I think we remain in the range between $215-$235 for another month or two. Current position:

200 shares and 2 $215 Nov11 puts.

SPX, VIX, TRUMP VS KAMALA ODDS

Vix is still quite elevated as Kamala Harris odds went up significantly according to Kashli betting polls (legal US betting market). The polygon market in previous emails was not legal in US only overseas, therefore less significant.

I still foresee $SPX to hit $6k by end of December once the elections are behind us.

-Ryan