PLTR: taking loss.
I had held net short positions for 36 PLTR shares for very long and it had been a source of my anxiety when PLTR flew out of the solar system, leaving all other companies still in orbit.
With the recent retrace by up to 20% from its $190 high on 12th Aug, decided to take loss wig a 20% discount 😅
Sometimes I think accept that I am wrong in my trade idea is better than holding it for eyesore and 'hoping' things will get better.
So now PLTR had dropped 20% within 6 trading days, I am turning long with a sold put with strike at $165.
PLTR valuation is still stomach churning high even with the recent drop, and the Citron research short sellers adds volatility to the downside for now.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 150.00 36 | -58.22% Closed |
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- Chuanchuan·2025-08-21TOPI agreed with what u said to a certain degree. I also held circle in anxiety and kept seeing it dropping, I might as well sell and rechannel it to some safer asset1Report
- Trade Feed Decoder·2025-08-20TOP当前评论仅支持在app查看。1Report
- Chuanchuan·2025-11-12I also used to hold circle in anxiety. I sold it at a loss too. It is an eyesore to me tooLikeReport