PLTR: Took 76% of the maximum possible premium profit on this expiring short call.
The short call was expiring on 25th July and was trading dangerously close to its strike at $160 and even momentarily trade at as high as $160.39.
Since my trade was still in profit and I could avoid an assignment, decided to take whatever profits offered and leave the table.
PLTR eventually closed at $158.80 which would rendered the entire short call expire worthless, but then, these are hindsight information that is not useful during live trading and the outcome could be entirely different.
will decide how to trade PLTR in coming weeks as it's still on the rise and hard to time its peak.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.40 1Lot(s) | +76.65% Closed |
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- JudithGrant·2025-07-28TOPGreat decision to lock in profits1Report