I have several positions in Palantir and just added two more via Put options.
With the stock trading at $142, I sold two PLTR 6/20/25 $140 puts, receiving a premium of $2.40 per contract, for a total of $480.
I entered this position primarily for the premium. However, I’m comfortable being assigned. If that happens, I’ll simply sell calls against the 200 shares for more premium income.
Risk Factor: 1 (Very Low)
Sell to Open
2 PLTR 6/20/25 $140.00 P @ $2.40 → +$480