Studying and understanding a stock's behavior can be incredibly rewarding. Once you grasp its movement patterns, you can strategically aim to capture highs or lows to sell options, either generating extra income or acquiring/being called away the underlying stock.
Palantir, for example, has been trading within a range recently. Selling a put option just outside this range can result in earning premiums or acquiring the stock at a desired price level if it suddenly dips below the norm.Given Palantir's current uptrend, many Cash Secured Put Options have expired worthless, allowing for the retention of full premiums collected. However, I'm prepared to take assignment of these stocks if a sudden downturn occurs, and the stock temporarily drops below my desired strike price.
@CaptainTiger @MillionaireTiger @TigerStars @Daily_Discussion @TigerEvents
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