Income in a Sideways Market: Why I Just Collected USD900 in Premium Selling Covered CALL Options on Palantir and Robinhood

If you’ve been watching the markets lately, you know that things can feel a bit stuck in neutral. When stock prices are moving sideways or drifting downward, a buy-and-hold strategy can feel like watching paint dry. But as cash-flow-focused investors, a quiet or choppy market is exactly where our favorite strategy shines: The Covered Call. … Continue reading Income in a Sideways Market: Why I Just Collected USD900 in Premium Selling Covered CALL Options on Palantir and Robinhood

[28 March 23 Trade] Sold A CSP On Tesla, SP $150, Expiration Date 28 April 23, Premium $239 (1.59% Return In 30 Days)

I sold a Cash Secured PUT on Tesla for a 30-day contract to earn 1.59% return on capital if the contract expires worthless on 28 April 23. This is a relatively low risk trade where I have enough safety of margin for a 21% drop in share price (USD190 -> USD150). Even if Tesla crashes … Continue reading [28 March 23 Trade] Sold A CSP On Tesla, SP $150, Expiration Date 28 April 23, Premium $239 (1.59% Return In 30 Days)