A few minutes before the closing bell I was filled on 1 Put with Coreweave (CRWV) and 2 Puts with Palantir (PLTR). CRWV is a very hot/volatile stock. With the stock at $162.50 I sold 1 CRWV 6/13/25 $131 Put for a premium of $2. I give this trade a Risk Factor 2 because of its volatility. The only reason it’s not a RF 3 is because it expires this Friday and the Strike Price is $30 lower than the stock price.
Sell to Open 1 CRWV 6/13/25 $131.00 P @ $2.00 (+$200)
I was also filled on a 2 contract Put with PLTR. This position will expire on June 27th. I give this trade a Risk Factor 1 because I really would not mind getting assigned and owning the 200 shares. I sold 2 PLTR 6/27/25 $126 Puts for a premium of $3.70 for $740 on the 2 contracts.
Sell to Open 2 PLTR 6/27/25 $126.00 P @ $3.70 (+$740)
This Expiration Date is 18 days away but I like the $740 premium!
Successful trading,
Steve
The Options Coach