🌗 Bangers at Midnight Vol. 3
Review of our monster PLTR short today and two new Flow Trades
After a long day there’s nothing better than just sitting at the computer in the search for bangers.
Sometimes this happens in the morning.
Often it happens during the day.
But when it’s 12:00 AM it becomes…
✅PLTR Put Play Trade Review
PLTR had been on fire, but it seemed like some whales thought the party was winding down. We spotted some serious flow on the PLTR 82p for 3/07, including a 20,015 contract sweep—and when a whale hits with that kind of size, you know they're serious. No hesitation, they were ready to move.
When we saw that sweep, we knew fast money was likely coming for the downside play. 👀
📈 The Chart Setup
This premarket, PLTR was testing some key levels on the chart:
$92.33 was a crucial level (yellow line) that PLTR had recently bounced off. We knew if it broke this, it could start falling.
$95.91 & $97.00 (yellow lines) were the big resistance points that needed to break for a bullish continuation. If it didn’t break these, the downside was looking very likely.
PLTR was showing a bit of a struggle. If it couldn’t get past that resistance, things could get messy on the way down, especially through the $85.39 - $84.74 range (red zone). That’s when we started to get a little excited—everything was lining up for a drop. 🔥
🧠Why We Hit the Flow
Big Ask-Side Buys 🛒: We saw huge buying pressure from the ask side. When you see that kind of action, you know they mean business.
Massive Sweep 🧹: This wasn’t just a regular trade. This whale was cannonballing into PLTR puts. A sweep like that doesn’t happen without serious confidence.
Rising IV 📈: When implied volatility heats up, you know something’s coming. This was a sign that the smart money was expecting a move.
With the chart looking shaky and the flow on our side, it was a no-brainer to go with the downside play.
âš¡ The Entry: Using Flow + Price Action
When we saw the flow and the chart, we pulled the trigger. The flow was too strong, and the chart was showing resistance at $95.91. We hopped into the PLTR 82p 3/07 with a clear target in mind.
The flow confirmed that the whale wasn’t playing around—they were anticipating a drop by how deep OTM they were
The chart confirmed that PLTR was struggling at the resistance levels, which made the downside play even more appealing.
The TLDR
This was a textbook example of using whale flow and chart levels together. The flow gave us the confidence to get in, and the chart gave us the perfect spots for entry and targets. PLTR broke resistance, then faded just like we expected.
We nailed the trade, moving with the flow and staying ahead of the chart’s moves.
Lesson of the day? When flow and price action agree, you can stack the odds in your favor. 🚀💸