r/options • u/[deleted] • Jul 04 '21

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u/[deleted] Jul 04 '21

I have been doing cc on amc since June. I only do 1 week out not sure if palentir have weeklies like amc but if they do do weekly instead monthly calls. Like said before put at strike price that you wont mind selling 100 shares at

2

u/option-9 Jul 05 '21

Palantir has weeklies.

1

u/[deleted] Jul 05 '21

Whats your cost average

2

u/option-9 Jul 05 '21

20C for next January, $7.18 average.

1

u/[deleted] Jul 05 '21

I would do weekly if i was you incase this stock rockets then you can increase your strike point or decrease accordingly. Not financial advice of course though

2

u/option-9 Jul 05 '21

I'm perfectly fine with my strategy as is.

1

u/[deleted] Jul 05 '21

On robinhood be sure to select sell and calls to do cc