Potentially earn $310 within 4 days 🎯 The Art of Precision: My 4-Day PLTR Covered Call Strategy
🎯 The Art of Precision: My 4-Day PLTR Covered Call Strategy
On June 23, 2025, as Palantir Technologies (PLTR) touched $138.70, I acted decisively. I bought 100 shares and immediately sold a $138 strike call expiring June 27, collecting a handsome $3.81 per share in premium, or $381 total.
This is a textbook in-the-money (ITM) covered call strategy—a calculated move where I accepted a cap on my upside in exchange for immediate income and downside cushioning.
⸻
💰 Locked-In Return: The Risk-Adjusted Yield
Given my buy price of $138.70 and the call strike of $138, if my shares are called away, I’ll be selling them $0.70 below my purchase price. But thanks to the $3.81 premium, my effective exit price becomes $141.81—a tidy $3.11 per share gain, or ~2.24% in just four trading days. That annualizes to an aggressive over 100% yield, assuming similar trades.
This strategy makes sense when I foresee short-term resistance and want to lock in profit, reduce volatility exposure, and collect income—without needing PLTR to rally.
⸻
📈 If PLTR Rises Above $141? My Contingency Plan
As of today, PLTR trades at around $141, already surpassing the strike. If it holds or moves further up, I will consider rolling the call option forward—buying back the current $138 strike (likely at a loss) and selling a new call with a later expiry and higher strike, ideally above $141.50 to offset the cost and preserve upside.
Why? Because if the intrinsic gain on the stock (>$2.30) outweighs the option roll loss, the total net position still profits. Rolling allows me to stay long on PLTR, capitalize on bullish momentum, and earn more premium—like squeezing extra juice from a ripe orange. 🍊
⸻$Palantir Technologies Inc.(PLTR)$
🔐 Summary: Why This Works
• Buy 100 shares at $138.70
• Sell $138 call for $3.81 → Receive $381
• Max Profit if called away = $311
• Effective break-even = $134.89
• Strategy outlook: Short-term income > long-term waiting
By using covered calls below market price, I get paid to reduce risk while staying opportunistic. If PLTR climbs, I have the flexibility to roll and adapt, not just react.
This is the beauty of options when you wield them with intention.@Daily_Discussion @TigerStars @TigerEvents @CaptainTiger @MillionaireTiger @CaptainTiger @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links: