Sold another sell call for pltr rolling it one more week away at $4 

Rolling Covered Calls on PLTR for Steady Gains 💰

This week, I opened a PLTR 20250103 $76.00 call and sold another call option for PLTR, rolling it one week further out at a premium of $4.40. My cost basis for these 100 shares is $76 per share, so this covered call strategy aligns perfectly with my goals of generating steady returns while holding onto the stock.

The Breakdown: +2.60% Realized Profit 📊

Here’s how the numbers stack up:

• Sell Price: I sold the call for $4.44.

• Premium Earned: This premium adds $440 to my account for selling the rights to buy my shares at $76 by expiration.

• Realized Gain: With this move, I secured a +2.60% return on the trade, all while keeping my stock position.

Why Roll Calls? 🔄

Rolling covered calls allows me to push the expiration date further while collecting additional premiums. It’s a strategic way to capture the stock’s volatility and time decay. By choosing a strike price close to my cost basis of $76, I ensure the trade remains profitable whether the stock moves up or stays flat.

Long-Term Focus with Weekly Dividends ☕

With PLTR’s price swings, this strategy creates consistent “dividends” from premiums. Selling calls at $4.40 offsets my cost basis and generates a cash flow of roughly 5.8% annualized if repeated weekly. It’s not just about making profits—it’s about creating a system where every move builds toward long-term wealth.

Whether PLTR surges or retraces, I’ve positioned myself to win. Here’s to steady gains and disciplined trades!