Am I doing this right? (PLTR)
I have 500 shares with an average price of $19.
A few days ago I wanted to have a options position in PLTR so i sold puts and bought calls.
5 x 20Jan23 20P @ $4.91 5 x 20Jan23 25C @ $4.39
I used my put premium received to buy my calls. And if the price goes to $20 and my puts are exercised i’m happy to buy another 500 shares.
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July 21, 2021 at 04:46PM