$Palantir Technologies Inc.(PLTR)$ A buy/write is the same thing in essence as the covered call which is what I suggested. I don't usually do buy/writes since I want to buy the underlying on any sort of dip, then sell the calls on any sort of bump. A buy/write executes both sides based on what the underlying is selling for at the time of that trade.
For example, if you buy the underlying when its trading at $42, then wait a day or so to sell the calls in a rising bump in the stock price, you'll get more premium. This can make a significant difference depending on whether the stock moves in your direction.
I have done this three times on $Oklo Inc.(OKLO)$ in the past week or so, harvesting profits on the calls on dips in the underlying. This is particularly worth doing on PLTR and OKLO because the premiums are so rich. Make sense?
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