Grasshopper Trade with Palantir

Last week I bought 200 shares of Palantir (PLTR) at $25 and sold 2 $25.50 Calls. I was not assigned. I was just filled on another 2 contract Call. I sold 2 PLTR 6/25/21 $25.50 Calls for a premium of 50¢ for $100.

 

 Sell to Open 2 PLTR 6/25/21 $25.50  @ 50¢ (+$100)

This premium is a return of 2%. If assigned I’ll make an additional 2%.

 

Successful trading,

Steve

The Options Coach

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