With today's pltr pricec of 42.48 what put should I buy expiring end of week

Given the specific conditions you've outlined, I've refined the screening criteria to focus on stocks with high volatility and strong earnings growth, with an emphasis on those that can serve as effective hedges. Here are the key criteria:

1. High Volatility
   • Volatility > 5%
2. Strong Earnings Growth
   • 3-Year EPS CAGR > 20%
   • 3-Year Net Income CAGR > 20%
3. Current Price
   • Closing Price > $40
4. Earnings Estimate
   • Estimate EPS > 0.09
5. Release Date
   • Earnings Release Date is Nov 4, 2024
6. Expiration Date
   • Expiration Date is Nov 8, 2024
7. Hedging Focus
   • Stocks that can effectively hedge each other

There are 16 stocks that meet these criteria. Explore these options further to identify potential trading opportunities.

However, based on the relevant information, I have identified some key points regarding Palantir Technologies' options activity that may be useful for your analysis:

1. Recent Options Activity: Investors, including those with significant funds, have shown a bullish stance towards Palantir Technologies. This is evident from the options history, which reveals a higher number of call trades compared to put trades.
2. Predicted Price Range: The predicted price range for Palantir Technologies over the next three months is between $13.0 and $60.0, indicating a wide range of potential prices.
3. Volume and Open Interest: There has been significant trading activity, with high open interest and volume for certain strike prices, suggesting that these prices are key areas of interest for investors.
4. Insider Activity: Despite the positive sentiment, there has been insider selling activity, which could be indicative of a potential shift in market dynamics.
5. Technical Indicators: Palantir Technologies' stock is showing signs of consolidation and potential exhaustion, which could suggest a pullback or consolidation in the near term.

These points provide a comprehensive view of the current options market for Palantir Technologies and can help inform investment decisions.

Given the current market conditions, it may be beneficial to consider a put option with a strike price that is slightly out-of-the-money (OTM) but still within the expected price range. This can provide a better risk-reward profile and potentially higher returns. For example, a put option with a strike price of $39, expiring in 16 days, could be a suitable choice. However, it's important to conduct thorough analysis and consider your risk tolerance before making any investment decisions.