The implied volatility curve for PLTY options hints at market expectation of a near-term price move. A surge above $15 could reprice calls rapidly. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. A hypothetical $10 000 allocation to PLTY at $52.30 on launch, with dividends reinvested, would now be worth $17 800 (78% total return), compared with $22 300 (123%) in direct PLTR exposure—reflecting PLTY capturing ~64% of PLTR’s gains while shielding 40% of downside through its Treasury allocation. For portfolios targeting 6–8% net yield, a 5–10% position in PLTY alongside a core PLTR stake can boost income and moderate equity beta. Strategically, reallocations around earnings offer tactical advantage: trimming PLTR into volatility spikes and adding PLTY ahead of IV inflation preserves yield and allows participation in covered-call roll-downs. PLTY stock price volatility has tightened, with the 20-day ATR down to 0.