Earn 10% through pltr palantir $465 sell secured put options
In the thrilling world of options trading,
I embarked on a journey that would lead to a 15% gain, a journey that exemplifies the power of strategic thinking. My venture began with a keen eye on Palantir Technologies (PLTR), $Palantir Technologies Inc.(PLTR)$
The magic of this strategy lay in my conviction that PLTR's value wouldn't plummet below $14
within the specified time frame. By selling the put option, I obliged myself to buy 300 shares of PLTR if the stock price fell below $14. However, I also received a premium for taking on this obligation.
As the months ticked by, PLTR held its ground, never dipping below my strike price. The put option I sold eventually expired worthless. I had hope successfully captured the full premium, amounting to 15% of the $14 strike price, which translated to a tidy $465 profit on my 300 options contracts.
This venture was a testament to my meticulous analysis and the power of well-timed options strategies. It exemplified how strategic thinking and a strong belief in a stock's performance can yield substantial gains in the dynamic world of options trading. @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion
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Investors will have opportunity to buy PLTR at a lower price than what the price it is now. Be patient and you can buy in the $14’s or low $15’s in October.
palantir is forming a head and shoulders pattern and held the 14 level this week. 16 is the level to watch for resistance
One of these days in a not so distant future Palantir will cross $100.
October is good for PLTR UP 20%