With Palantir running hot, I added to my PLTR portfolio.With the stock at $153, I bought 1 PLTR 1/16/26 $150 Call for a premium of $28, costing $2,800.
Palantir (PLTR)
Buy to Open 1 PLTR 1/16/26 $150.00 C @ $28.00
Nvidia (NVDA)
On May 27, I bought 2 Nvidia LEAPS set to expire in January 2027.
Today, I cashed in on one of those LEAPS and used the funds to buy 2 shorter-term contracts.
Closing Trade
5/27/25 – Buy to Open 1 NVDA 1/15/27 $135.00 C @ $35.85
7/17/25 – Sell to Close 1 NVDA 1/15/27 $135.00 C @ $60.00
💰 Profit: +$2,415
With the proceeds, I opened a new position:
Nvidia (NVDA)
Buy to Open 2 NVDA 1/16/26 $170.00 C @ $23.00
These new LEAPS have a Delta of .61, meaning each contract gains $61 for every $1 move in NVDA.
With 2 contracts, this position increases by approximately $122 for every $1 the stock rises.
📈Successful trading,
Steve
The Options Coach