Win from Selling PLTR Puts – 60% Gain Realized
Post:
I’ve been selling cash-secured puts on PLTR, and this trade just crossed a 60.39% unrealized profit.
Contract: PLTR Put
Strike: $170
Expiry: Dec 2025
Cost Basis: 6.99
Current: 2.77
This is a long-dated put I sold when premiums were high. The idea was simple:
I’m comfortable owning PLTR at a lower price if assigned
If it doesn’t drop to my strike, I keep the premium
Either outcome is acceptable
This trade has worked out well so far because volatility contracted and the stock moved up, reducing the option’s value.
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.
- Enid Bertha·11-12If PLTR can keep a 500 PE ratio it should be $500. The definition of a momentum play as traditional metrics just don’t apply!LikeReport
- Maurice Bertie·11-11Love this strategy! Volatility’s gift + stock uptrend = easy profits 👏1Report
- Athena Spenser·11-1160% gain on PLTR puts!1Report
- dimzy5·11-11Nicely played! Long-dated puts harvesting premium works wonders [666]1Report
- Valerie Archibald·11-121 trillion company soon is PLtR!1Report
- Shawn Lian·11-11niceLikeReport
