Trade Thesis for Palantir Technologies (PLTR):
- Palantir reports earnings on Thursday (8/12) this week.
- We have already accrued ~80% of our August cash secured put.
- Now we can roll the September put option with the same strike price.
- If you don't have a position in PLTR, the Sept. option is a good opening trade.
- Listen to the video for trade details!
- Strike Zone is $15.00 - $18.00
Trade Analysis (Click the video below)
Cash-Secured Put Analysis
We are buying back (buy to close) the August put option and selling the September put option (sell to open).
(Buy To Close)
PLTR Aug 20th $18.00 Put
Price (Premium): ~$0.08 (sold at $0.36)
Realized Yield%: 1.4%
MoS %: 17.5%
(Sell to Open)
PLTR Sept 17th $18.00 Put
Price (Premium): ~$0.30
MoS %: 17.5%
AMY % = Average Monthly Yield % / MoS % = Margin-of-Safety %
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