Jan 7 • General discussion
PLTR trade idea
🔥 Selling a Cash-Secured Put on $PLTR:
A Strategic Move for Steady Income! 🚀
Today, I sold a cash-secured put on $PLTR with the following details:
- **Strike Price**: $55
- **Days to Expiration**: 46
- **Premium Received**: $1.30 per contract
---
### **Why This Trade?**
💡 **Attractive Entry Point**:
Palantir ($PLTR) is a high-growth company with strong fundamentals. Owning it at $55 aligns with both value and potential upside.
🛡️ **Downside Protection**:
With $1.30 in premium received, my breakeven price drops to $53.70 ($55 - $1.30), offering a safety cushion against price fluctuations.
💵 **Income Opportunity**:
Earning $130 per contract for 46 days provides a solid return while keeping risk manageable.
---
### **Possible Outcomes**:
✅ **Price Stays Above $55**:
The put expires worthless, and I keep the $130 premium as profit.
📉 **Price Falls Below $55**:
I get assigned the shares at $55, but my breakeven is $53.70, positioning me well for future gains or selling covered calls for additional income.
---
💡 **Options trading is about managing risk and generating consistent returns. This trade demonstrates the power of cash-secured puts for wealth-building!**
#OptionsTrading #CashSecuredPut #PLTR #PassiveIncome #StockMarket #Investing #FinancialFreedom #OptionsStrategies #TradingJourney
1
5 comments
PLTR trade idea
skool.com/retire-on-margin-9223
Learn to sell naked puts on Tasty Trade, pay your bills, and retire early. Join "Retire on Margin" for strategies, support, and your path to freedom!
Leaderboard (30-day)
1
+6
2
+4
Powered by