$Palantir Technologies Inc.(PLTR)$
$SoFi Technologies Inc.(SOFI)$ $Palantir Technologies Inc.(PLTR)$ - if you want an income trading vehicle, is the perfect stock for this. It's so over'loved that it's basically stuck in the mud between about $22 and $25. But because it's so loved the options are well priced weekly. So, here's what you do - WHEEL it baby. Buy the stock, then short 1 strike calls above and 1 strike puts below. You buy 1000 shares? Short 10 calls and 10 puts. You'll have to buy 1000 more shares if the stock is in the put $ by next Frid. But that lowers you basis on the stock that will then allow you to short 2x the calls the following week. Rinse and repeat. SOFI sucks for this because it's VOL is so low the options trade like shit. You can bitch about the lunacy over stocks like PLTR, or you can make a living off them.
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