$Palantir (PLTR.US)$ if you want a hedge just to be careful ...
$Palantir (PLTR.US)$ if you want a hedge just to be careful against your long position the August 9th 21 puts are 77 cents. if there's any weakness this is cheap insurance to protect your long position every contract is equivalent of 100 shares
if they blow the cover off the ball these puts will go down by 50% tomorrow you'll still be able to recoup a little bit of the money because you'll have a couple days left in time value you will add to your cost basis but you've protected against what could be a bloodbath.
if there's any weakness there's a long way down it could go
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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