Trading Volatility with PLTR Straddles 🎯 and covered calls

I recently managed a straddle position on Palantir (PLTR) with the December 2027 $280 strike, where I actively opened and closed positions to capture volatility. On September 8th, I sold a call at $26.10 and bought it back at $25.65, earning $45 in just 7 minutes. Shortly after, I sold another call at $26.00 and closed it at $25.95, locking in $5 over 25 minutes. Later in the session, I repeated the process—selling at $26.10 and buying back at $25.40, booking $70 overnight in about 4 hours.

Altogether, these three trades generated $120 in profits, simply by working both sides of PLTR’s volatility. Alongside the calls, I also sold puts at the same $280 strike, boosting my premium intake and reducing overall cost basis. This way, I turned Palantir’s price swings into multiple small wins rather than relying on a single big directional bet. 📊

Why PLTR Is Perfect for This ⚡

Palantir is one of my conviction plays in the AI space, but its stock is also known for strong intraday and overnight swings. This volatility makes it ideal for straddle trading, where both the call and put sides can be actively managed. Selling the $280 put complements the call trades by further enhancing premium income and lowering breakeven. The focus here is not on predicting direction, but on consistently profiting from movement and shifts in implied volatility.

My “Options Puppy” Framework 🐾

As an investor, I position myself as a disciplined learner in the markets, focusing on covered calls and cash-secured puts under the framework of my “Options Puppy” journey. With my accounting background, I bring a strong foundation in financial analysis, capital allocation, and risk management. Trades like these PLTR straddles are a natural extension of that journey—teaching me to manage risk, capture volatility, and recycle capital effectively.

Balancing Trades with Long-Term Freedom 🌱

While these quick PLTR trades generated $120 in short-term gains, my bigger picture remains focused on financial freedom. I balance the safety of Singapore government bonds with higher-yield strategies such as options premium generation and Tiger Vault. This dual approach allows me to cover housing loans and daily expenses while steadily growing my long-term portfolio. Ultimately, I live by freedom rules: disciplined capital management, prudent spending, and a clear separation between needs and wants. With this mindset, I stay resilient in volatile markets and progress toward lasting independence.

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# 💰Stocks to watch today?(16 Jan)

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.

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  • Merle Ted
    ·2025-09-09
    Shorts have volume of 21,763 puts expiring 9.12.25 Friday with strike price 155.00 so shorts will try to keep hovering 155 or lower to be in the game. So it will be hovering 157 and lower. Same suppression as last week.

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  • JackQuant
    ·2025-09-09
    Thanks for sharing this option strategy!
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  • Venus Reade
    ·2025-09-09
    Best company and market set up I can remember

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  • fuzzyx
    ·2025-09-09
    Impressive strategy
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