20/7 all my options expiry and this helped me erased some of my losses for selling call at the wrong time

Optionspuppy
07-20

### Trading Summary for July 20th

#### Option Contracts:

1. **PLTR Put Option (Strike Price: $20)**

- **Outcome**: Expired worthless

- **Premium Earned**: $0.15 per share

- **Reason**: Low-risk contract with PLTR trading at $26, providing a 30% buffer.

$PLTR 20240719 20.0 PUT$ 

2. **PLTR Call Option (Strike Price: $15)**

- **Outcome**: Assigned$Palantir Technologies Inc.(PLTR)$  

- **Action**: Forced to sell 100 shares of PLTR at $15

- **Premium Earned**: Previously received $3.60 per share

3. **PLTR Call Option (Strike Price: $23)**

- **Outcome**: Assigned

- **Action**: Forced to sell 100 shares of PLTR at $23

- **Premium Earned**: Previously received a premium (not specified) $50

4. **JEPI Put Option (Strike Price: $56)**

- **Outcome**: Expired worthless

- **Premium Earned**:  $15 

#### Profit and Loss (P&L):

- **Palantir (PLTR)**:

- **Total P&L**: $1,824.30

- **Unrealized P&L**: $93.07

- **Realized P&L**: $1,731.23

- **Manulife**:

- **Total P&L**: $1,065.93

- **Unrealized P&L**: -$0.33

- **Realized P&L**: $1,066.26

### Key Points:

- **Covered Call Assignments**: The call options led to selling PLTR shares at lower prices, but premiums helped offset some of the loss.

- **Put Options**: Both PLTR and JEPI put options expired worthless, allowing me to keep the premiums without buying any shares.$JEPI 20240719 56.0 PUT$ 

- **Overall P&L**: Despite some mistakes, my total profit from PLTR and Manulife is still near $2,900.

This trading summary shows how option strategies can sometimes backfire, but also highlights the importance of managing risks and premiums to still achieve a profitable outcome.

@MillionaireTiger 

@TigerStars 

@Daily_Discussion 

# 💰 Stocks to watch today?(20 Sep)

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Comment（2）

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  • OYoung
    ·07-22
    Nice recovery from the wrong timing! Great job turning losses into profits. [Applaud]
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  • kookieman
    ·07-22
    Lucky save! [Grin]
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