19/10 : How I made $18 in a day trading pltr put options with just 3750 of capital
@Optionspuppy:
Title: "Turning Late-Night Trading into Profits! How I Made $18 with PLTR Call Options 🚀" Hey, everyone! today I've got an exciting trading story to share. Last night, at 10 PM, I decided to dive into the world of options trading, specifically with Palantir Technologies (PLTR). I purchased 3 call option contracts for PLTR at a price of $0.89 each. Now, the first thing we need to understand is that each contract represents 100 shares. So, with 3 contracts, that's 300 shares of PLTR. Fast forward to 2 AM, and I sold those call options for $0.95 each. Here's how the math works out: Initial Investment: - 3 contracts x $0.89 = $2.67 Sale: - 3 contracts x $0.95 = $2.85 from the sale Profit: - $2.85-2.67 = 0.18 So, I made a profit of $0.18x 100 = $18 on this qui