Palantir (PLTR) is going absolutely wild.<\/p>\n
On 11\/20 I bought 4000 Shares of the stock at $18.47, and on 11\/23 I sold a 40 contract $19 Call bringing in a $4000 premium. Today, as I write, the stock is up to $29.60. For sure I’ll be getting assigned on this Call locking in the $4000 premium and making $2120 on the stock sale.<\/p>\n
A few minutes ago I bought another 2000 shares at $28.40 and sold the 11\/27\/20 $29 Call for a $2 premium for another $4000. The market is closed tomorrow and Friday is a half day. This is a fantastic premium!<\/p>\n
You never know what happens in the market but I don’t see this trade going sour. If I don’t get assigned on Friday it’s still a very hot stock.<\/p>\n
Buy 2000 Shares PLTR @ $28.40<\/strong><\/p>\n Sell to Open 20 PLTR 11\/27\/20 0 $29.00 C @ $2.00 (+$4000)<\/strong><\/p>\n In addition to this premium, if assigned, I’ll make another 60\u00a2 on the 2000 shares for $1200.<\/p>\n This trade gets a Risk Factor 1<\/strong>. It’s a Covered Call on a very hot stock.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Palantir (PLTR) is going absolutely wild. On 11\/20 I bought 4000 Shares of the stock at $18.47, and on 11\/23 I sold a 40 contract $19 Call bringing in a $4000 premium. Today, as I write, the stock is up to $29.60. For sure I’ll be getting assigned on this Call locking in the $4000 […]<\/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-9405","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\/p75MP0-2rH","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9405","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=9405"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9405\/revisions"}],"predecessor-version":[{"id":9406,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/9405\/revisions\/9406"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}