Trading PLTR Like for income — $1,186 Potential in a Single Session
📆 Trading PLTR Like for income — $1,186 Potential in a Single Session
Yesterday, June 30, 2025, was another power-play day in my Palantirq (PLTR) strategy. With precision and timing, I navigated both bullish and bearish reversals, usig my full toolbox: covered calls, cash-secured puts, and strategic rolls.
I executed a series of options moves that locked in a solid $262 of realized profit — with an additional $924 in open premium that could expire in my favor. All in, that’s up to $1,186 earned in a single day from one stock. Let me break it down.
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🧠 Why I Made These Moves: Reading Reversals
This wasn’t luck — it was strategy.
📉 When I saw bullish reversal shifting to bearish, I immediately closed my cash-secured puts to protect against sudden downside. I do this by buying back the puts early, locking in whatever premium is left and avoiding assignment risk.
📈 When I noticed a bearish reversal turning bullish, I quickly bought back my covered calls to free my shares. Why? So I can ride the wave higher and sell the next call at a better strike — possibly higher premium, closer to resistance.
This reversal-reading tactic allows me to stay ahead of market sentiment instead of reacting to it.
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💰 Covered Call Profits (PLTR Calls)
1. Sold 07/03 136C at $4.45 → Bought back at $3.45
➤ Profit: $1.00
2. Sold 07/03 137C at $3.41 → Bought back at $3.00
➤ Profit: $0.41
3. Sold 07/03 139C at $2.51 → Rolled to 07/11 138C at $5.29 after buying back at $4.80
➤ Profit: $0.49
4. Bought 07/25 137C at $8.00 → Sold same strike at $8.39
➤ Profit: $0.39
5. Sold 07/11 135C at $6.08 (Still open)
➤ Potential income
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💵 Cash-Secured Put Strategy (PLTR Puts)
1. Sold 07/03 138P at $3.30 → Bought back at $2.97
➤ Profit: $0.33
2. Sold again 07/03 138P at $3.16 (Still open)
➤ Potential income
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📊 Realized Profit Summary
Trade Type Profit per Lot Quantity Total
Covered Call 136C $1.00 1 $100
Covered Call 137C $0.41 1 $41
Covered Call Roll 139→138 $0.49 1 $49
Covered Call 137C $0.39 1 $39
Cash-Secured Put 138P $0.33 1 $33
Total Realized — — $262
📌 Unrealized Premium (Still Open): $6.08 (135C) + $3.16 (138P) = $924 potential
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🧠 The Mindset Behind It All
This is how I run my daily PLTR desk:
• On bullish reversal, I cancel my covered calls — I want to ride the upside.
• On bearish reversal, I close my puts to sidestep a breakdown.
• I sell weekly options with delta 0.30+, targeting $200–$300 a week.
• I don’t marry the stock. I marry the cash flow.
By staying nimble, I’m not just holding shares — I’m extracting income at every turn. While others are panicking, I’m milking volatility.
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🏁 End Result: PLTR Pays Me
With a base of 99 PLTR shares at $135.15, and weekly premiums in rotation, I’m turning this stock into my personal dividend machine. I keep the cash flowing, lower my average cost, and play the reversal game like a chessboard.
PLTR isn’t just an AI company — for me, it’s a premium generator. And yesterday, it paid out handsomely.
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@MillionaireTiger @TigerStars @CaptainTiger @TigerEvents @CaptainTiger @Daily_Discussion
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.
- JackQuant·07-01Impressive execution! 💡 Curious to see how that open premium plays out—managing theta here is definitely key!LikeReport
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