This morning I owned 5 Palantir (PLTR) Calls which are all deep In-the-Money. Because of the huge move the stock has been on I decided to take 2 of these Calls off the table and lock in some profit. If the stock pulls back a little because of profit taking, I’ll be right back in with more long term Call Options.
On January 29th, with the stock at $78.05 I bought 2 PLTR 7/18/25 $75 Calls at $16. I just sold these Calls at $45.
1/29.25 – Buy to Open 2 PLTR 7/18/25 $75.00 C @ $16.00
2/10/25 – Sell to Close 2 PLTR 7/18/25 $75.00 C @ $45.00
Profit +$5800
As you can see, these Calls worked out great. For the 2 Calls I invested $3200 and I just sold these Calls bringing in $9000 for a profit of $5800. This is a Return on Investment (ROI) of 181% in less than 2 weeks.
Successful trading,
Steve
The Options Coach
Great Job Thank you for the advice.
Thank you for reading Robert!