@Terra Incognita:I closed $GOOG 20240426 170.0 CALL$ ,GOOG: collected full premium of 0.8% over 25 days when this covered call went into money. The strike was set pretty high at $170 at the point of my selling this covered call was only at $156. However earnings announced on 25th April were really good and GOOG went up 10% above the strike so I’ve sold the shares as part of being called away. Happy to let them go at 22% profit for those shares as I collected them at $139 back in Mar through cash secured puts. GOOG looks overbought at the moment and I think it might go sideways or corrects a bit lower should the general market is on the weaker side. Will monitor how I trade this counter moving forward.
@Blinkfans:I opened $Palantir Technologies Inc.(PLTR)$ ,I opened $Palantir Technologies Inc.(PLTR)$ ,I bought more pltr shares as I am selling calls Selling calls is like a insurance company selling safety and security And the coverage is able to give them the assurance they can buy at the sell call price even if the stock rises up a lot is a question between giving up potential gains vs getting regular premiums **Diving into the Beat:** Diving into $Palantir Technologies Inc. (PLTR)$ feels like stepping onto a stage set for a thrilling performance. 🎤 As I bought more PLTR shares and ventured into selling calls, it felt like choreographing a dance of risk and reward. 💃📈 **Selling Calls:** Selling calls