A few minutes before the close of the market I bought 100 shares of Palantir and sold a 1 contract Call. I sold 1 PLTR 8/15/25 $150 Call for a premium of $11.40 for $1140. I give this trade a Risk Factor 1. I really don’t care if I get assigned or not in 63 days because I like the stock. But if I do get assigned I’ll make $1250 on the stock sale and I’ll keep the $1140 premium. That would be a total gain of $2390. The Return on Investment (ROI) will be 17.3%.
Buy 100 Shares PLTR @ $137.50
Sell to Open 1 PLTR 8/15/25 $150.00 C @ $11.40 (+$1140)
Successful trading,
Steve
The Options Coach