Both PLTW and PLTY overwhelmingly track Palantir; without a bullish underlying thesis, neither vehicle works. The first sustained drawdown exposed PLTY's structural limits - months of flat-to-declining price action delivered only minimal mitigation, confirming the option layer is too light (and spread-based) to generate meaningful cushion. PLTW behaved mechanically as designed - the ~120% weekly reset leverage amplified downside (with volatility drag), but without option inefficiencies; its structure remains cleaner for capturing the next directional move.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 156 | $6,319.14 | $3,885.96 | -$2,433.18 | -38.5% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 1,046 | $47,785.78 | $17,646.02 | -$30,139.76 | -63.07% |
Christopher C. Powers Farther Finance Advisors, LLC | 259 | $9,680 | $4,369.33 | -$5,310.67 | -54.86% |