Closed the sell call with some profit 

Turning Volatility into Profit: My $10 PLTR Covered Call Win ☕

This week, Palantir Technologies (PLTR) had quite the rollercoaster ride, soaring from $77 to $84 before dipping back down. Recognizing the opportunity, I sold a covered call option early in the week and carefully tracked the price movements. As the stock began to dip, I quickly acted and closed the position near the day’s low, locking in a $10 premium (or $0.10 per share) on my 100 shares.

While $10 may not seem like much, it’s a consistent, low-risk way to generate weekly income—what I like to call my “coffee money” strategy. By using covered calls, I effectively turned PLTR’s volatility into a quick profit while still holding my shares for long-term growth.

The key to success here was timing and keeping a close eye on PLTR’s price swings. When the stock reached $84, I could have let the option ride for a bigger gain, but with the sharp pullback, closing early ensured I locked in the profit.

This strategy isn’t about hitting home runs; it’s about stacking small, reliable wins over time. Covered calls like this allow me to earn steady “dividends” from stocks I already own, even during choppy market conditions. Each trade brings me closer to my financial goals—one cup of coffee at a time!