{"id":9310,"date":"2020-11-17T10:20:12","date_gmt":"2020-11-17T15:20:12","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=9310"},"modified":"2020-11-17T10:20:12","modified_gmt":"2020-11-17T15:20:12","slug":"sold-a-10-contract-call-with-palantir-technologies","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=9310","title":{"rendered":"Sold a 10 Contract Call with Palantir Technologies"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk4-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1556\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1556\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk4-1.png?fit=75%2C87&amp;ssl=1\" data-orig-size=\"75,87\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Risk4\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk4-1.png?fit=75%2C87&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk4-1.png?fit=75%2C87&amp;ssl=1\" class=\"size-full wp-image-1556 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk4-1.png?resize=75%2C87\" alt=\"\" width=\"75\" height=\"87\" \/><\/a>Palantir Tech (PLTR) is a new public company. It&#8217;s been public about a month. I think the new company can do well but right now the Relative Strength Index (RSI) is very high. I thought it was a good opportunity for a Naked Call. With the stock at $17.10 I sold 10 contracts of the 11\/20\/20 $18.50 Call for a premium of 35\u00a2 for $350.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 PLTR 11\/20\/20 $18.50 C @ 35\u00a2 (+$350)<\/strong><\/p>\n<p>This trade is a Naked Call so it gets a <strong>Risk Factor 4<\/strong>.<\/p>\n<p>I don&#8217;t care how large my account gets I still love Naked Calls on low priced stocks. This did not affect my margin account much and I&#8217;m still bringing in $350 with no investment. I will watch it closely to see if I have to cover this Call before Friday.<\/p>\n<p>See my last post <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?p=9306\">Square Covered Call<\/a><\/span>.<\/p>\n<p>Successful trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palantir Tech (PLTR) is a new public company. It&#8217;s been public about a month. I think the new company can do well but right now the Relative Strength Index (RSI) is very high. I thought it was a good opportunity for a Naked Call. With the stock at $17.10 I sold 10 contracts of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-9310","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-2qa","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9310"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9310\/revisions"}],"predecessor-version":[{"id":9311,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9310\/revisions\/9311"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}