Sell PPLT puts with an expiry of a June 18 2026, $200 strike. Premium of $30.00 a share.
DD: platinum is very rare compared to gold and silver. For every 18g of gold, 1g of platinum is produced. Silver is 100g to 1g for production. Platinum has critical uses in multiple industries (auto, medical, tech, energy). Current world demand exceeded world supply in 2025, 2024, and 2023. Demand is expected to exceed supply for 2026 unless recycling of platinum sees a significant increase. South Africa supplies 70% of the world’s platinum. Political strife in SA has hurt production in recent years.