Thursday wasn’t a good day for regional banks Zions Bancorp (ZION)and Western Alliance Bancorp (WAL), as both admitted to being victims of suspected fraud related to loans to troubled property funds.
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Low volatility in Palantir stock sets up this options strangle
Investors who believe Palantir stock could keep moving higher or correct lower may want to consider a long strangle.
An investor would sell a put option if their outlook on the underlying was bullish and would sell a call option if their outlook on a specific asset was bearish.
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