Terra Incognita
05-09

I opened $PLTR 20240607 19.5 PUT$  ,PLTR: sold covered puts on PLTR with strike at $19.5 and expiring on 7th June which is 30 days away. Premium collection will be 1.65%. PLTR had dropped 15% from its recent high after earnings on 6th May and it currently at support level around the 100 days MA. Took the chance to accumulate and concurrently sold multiple sets of covered puts over few weeks on 24th and 31st May and then 7th June,
PLTR PUT
05-08 22:50
US20240607 19.5
SidePriceRealized P&L
Sell
Open
0.33--
Closed
Palantir Technologies Inc.
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  • TigerOptions
    ·05-09
    TOP
    I actually did the same, but mine are expiry on Jun 21. Glad to see a star trader doing this too! [Grin] 
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    • Terra Incognita: 
      Happy to hear that and win together 🙌🙌!
      05-10
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  • WalterD
    ·05-09
    TOP

    gonna go back to the gap down

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    • Terra Incognita: 
      Seems like it. Short term charts are pretty bearish still
      05-10
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  • financead
    ·05-09
    Your strategy of selling covered puts seems well thought out.
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  • CynthiaVogt
    ·05-09
    Nice trade on PLTR!
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