optionfarmers

How to Get paid to buy stock w/ puts : Palantir (PLTR) example

NYSE:PLTR   Palantir Technologies Inc.
Selling or writing options on stock is a way to get paid to buy at lower prices. it is not risk free. But if you already want a stock at a lower price, its a way to get paid to wait and do so.

In the video we look at selling a put at 6 strike for 21 cents (x100), so collecting 21 dollars for 600 worth of stock.

Also, we choose our strikes based on valuation, not charts alone. Valuation is where we estimate the value of the business today and over time.

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