1: This is from 13-F filing. So, by definition, it was position he bought in Q3, which means the PLTR puts reported here are all at significant loss, because even after the big drop from the earning, PLTR still sits at higher level than almost anytime in Q3.
2: When you report option transactions in 13-F, the value is notional, meaning it is the value of the corresponding equity, not the option premium. So, the actual position he has on PLTR is much less than what it appears here
3: Fund manager typically waits for 45 days from the end of last quarter to report 13-F (ie, Nov 15 to report Q3 13-F), but he picked the exact 1 day before PLTR earning to report his. It sounds to me that he needed some event to help reduce his loss on PLTR put he bought in Q3.
