I know I’m doing a lot with Palantir, and this one is another Naked Call, but I’ll be watching very closely. This one is a 20 contract 12/4/20 $30 Call for a premium of 41¢ for a total of $820.
Sell to Open 20 PLTR 12/4/20 $30.00 C @ 41¢ (+$820)
The stock is down but it’s still a very good stock. It’s a Naked Call almost $5 Out of the Money. This trade gets a Risk Factor 3. I will watch it very closely and cover if needed.
Successful trading,
Steve
The Options Coach