Bullish strategy if you believe pltr will run till Xmas. You can do a vertical debit spread strike at current price atm. Profit are cap, but it's much cheaper than doing a buy call.

104115441 : are the losses capped?

籠的傳人288 OP 104115441 : yes, all debit spread or pay money option play like buy call or buy put are cap. what you pay  is what you lose.