TradingView
kdubbw12
Feb 17, 2021 2:55 PM

PLTR - Selling a Put here Long

NYSE:PLTR1D
Palantir Technologies Inc.NYSE

Description

⋅
This action allows me to buy shares at $20 if it close below $20 by the 3rd Friday of March.
I get paid $58 to do this trade.
I love it.
Wave Analysis
Comments
Maddy50
⋅
You mean it would drop to 20$?
kdubbw12
⋅
@talentadvisormadhan, Im not saying itll drop to $20. Im saying "IF" PLTR close below $20 by March 19th, I will get 'put' shares of PLTR. If it stays above $20, I will keep the $58 profit and the contract expires.
Maddy50
⋅
@kdubbw12, Got it :)
More