Mastering Volatility: How I Navigated Palantir’s Market Swings on 30/12/2024 💹✨

Identifying Opportunity Amidst Uncertainty 🌊📈

• Action: Closed a previously sold $80 call option by buying it back at $1.31 (originally sold at $2.11).

• Profit: Locked in $80 profit ($0.80 × 100 shares).

• Key Insight: Volatility in options creates opportunities to capture premiums with calculated patience and decisive action.

Rolling Up and Out for Additional Gains 📊💪

• Next Move: Sold a new $82 call option at a premium of $1.95.

• Benefit: Collected $195 upfront while allowing more room for potential capital appreciation.

• Strategy: Adjusted the position to a higher strike price to maximize gains while managing risk effectively.

Calculating the Profits 🧮💵

1. Profit from Closing the $80 Call:

• Sold at $2.11, bought back at $1.31.

• Profit = $80.

2. Premium Earned on the $82 Call:

• Sold at $1.95.

• Current premium value: $0.55.

• Unrealized Profit = $55.

3. Total Profit (Realized + Unrealized):

• $135 so far, with more potential gains if PLTR rises further.

Why This Strategy Works 🛡️🚀

• Risk Management: Closed the $80@MillionaireTiger @TigerTradingNotes @TigerEvents @TigerStars $PLTR 20250110 82.0 CALL$