Trader who successfully shorted Tesla into earnings now sets sights on this high flyer

The article is an options-trading commentary saying a bearish Tesla put-spread trade worked as expected after Tesla’s Q2 earnings miss and subsequent ~14.5% drop. With most of the profit already captured, the author suggests either taking profits or recycling gains into another high-valuation earnings setup: Palantir, which reports August 3. The case for a bearish Palantir trade rests on slowing commercial backlog growth, lofty valuation versus peers and history, and the risk that earnings expectations are again too optimistic. The piece highlights that Palantir’s options market implies a sizable earnings move and recommends a defined-risk August put spread funded by some of the Tesla gains. Overall, the article frames both names as examples of “priced for perfection” stocks vulnerable to disappointment around earnings.