Earning 1% in 1 hour for pltr option
At 10pm I bought The call at 2.54
At 11pm I sold the call at 2.56 nudge 0.02 or 1%
I opened 1 lot(s) $PLTR 20240920 22.0 CALL$ ,I opened 1 lot(s) $PLTR 20240920 22.0 CALL$ ,Sometimes doesn’t make sense to me too buy 2.54 sell 2.56 again is just earn so dun think so much rule is just do it and do not think so much**Understanding the Strategy:**
Options trading involves capitalizing on small price differentials, like premiums of 0.02, to generate profits. 📈
**Choosing the Option:**
Begin by selecting an option with a premium worth scraping. For instance, consider a single lot of $PLTR 20240920 22.0 CALL option. 🎯
**Executing the Trade:**
Initiate the trade by purchasing the option at the lower premium of 2.54. Wait for the premium to increase slightly, then sell the option at 2.56 to capture the profit margin. 🔄
**Embracing Simplicity:**
While the process might seem complex, simplicity is key. Remember, overthinking can hinder your decision-making. Just execute the trade and move forward. 🚀
**Final Thoughts:**
By consistently capitalizing on these small premiums, you can gradually accumulate profits over time. Stay disciplined, and don't hesitate to seize opportunities when they arise. 💰
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 2.56 1Lot(s) | -- Closed |
Modify on 2024-05-09 10:04
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- kooko·05-09Keep executing those trades and accumulating those profits.1Report
- Aqa·05-12Congrats good profits.LikeReport