Options puppy options strategy one earn $300 every contract selling weekly covered calls
@Optionspuppy:
📈 Why I Use the 1-Hour Chart to Sell Weekly Calls on PLTR A Tactical Strategy Balancing Premiums and Protection When trading options on a high-IV stock like Palantir Technologies Inc. (PLTR), timing is everything—especially for short-dated covered calls. I often use higher-frequency charts, specifically the 1-hour timeframe, to identify precise support and resistance levels that help me optimize my weekly call writing strategy. ⸻ 🔍 Why the 1-Hour Chart? The 1-hour chart offers a finer lens on price behavior compared to daily candles. It reveals short-term consolidations, fakeouts, and breakout attempts that I can act on within the week. This chart clearly shows: • A recent resistance zone around $135.5 – $136, confirmed by multiple candle wicks (notably the peak at $135.62). • A swift reje