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REDDIT

PLTR covered call?

M
Feb 13, 2025 · 05:08

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I have opened CC for what's it worth at that time but I dint know that PLTR stock has skyrocketed recently. I saw my profile now and amazed.

If I wait for the options to expire, I would get 25k as profit ( cc premium + stock appreciation) on Feb 14th expiry, else I need to close out with -13k loss.

in a similar way Feb 21st, my loss would be 4k if I close out with profit around 32k .

Can you please share your suggestions on the best strategy to use here and any advice feedback is welcome. Thanks