The strategy involves simultaneously selling a higher strike put option while buying a lower strike put option in the same expiration cycle. In exchange for selling the bull put spread, the trader receives the option premium and has risk equal to the difference in strike prices, less the premium received. Palantir Stock Bull Put Spread Setup TRENDING: See Nvidia's Growing Appetite For Startup Investments Palantir Technologies (PLTR) bounced nicely off its 50-day moving average Tuesday and could be a good ...