Swing Trading for a Bento Meal: Quick Profits from PLTR Puts š±
Options trading isnāt just about long-term strategyāit can also fund daily expenses like a nice bento meal in Singapore. Todayās quick swing trade on Palantir (PLTR) put options earned me $2.50 in profit, covering a delicious meal effortlessly.
Executing the Trade: Selling High, Buying Low
ā¢ Sold 1 PLTR 72.5 PUT (April 17, 2025) at $2.68
ā¢ Bought it back at $2.64
ā¢ Profit: $0.04 per share ā $4 total (since each contract covers 100 shares)
After fees, I netted around $2.50, enough for a simple but satisfying bento in Singapore. A few minutes of trading = a free meal!
Why This Trade Worked
1. Quick Premium Capture ā I sold the put at a slightly higher price and bought it back lower within a short time frame.
2. Minimal Risk ā With small price movements, I locked in a small, guaranteed profit.
3. Scalping Mentality ā I didnāt wait for massive movesājust enough to cover daily spending.
This kind of low-risk swing trading is a great way to supplement daily expenses while managing bigger trades in the background. Small, consistent wins like this add up over time, reinforcing a disciplined trading strategy.$PLTR 20250417 72.5 PUT$
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 2.64 1Lot(s) | +0.94% Closed |
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Much appreciation on your openness of your trading strategies and Best of luck with your future trades!
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