Trade of the week ending 11 November 2022: Profit +$2602

#tradeoftheweek Nov 12, 2022

No trades expired last week, so there no was update.  30 days ago, sold 170 contracts Palantir (PLTR), $6 PUT at $0.16, expired 11 November. Total premium profit after fees $2602.

NB: This was a specific against the trend trade as I wanted to buy some PLTR stock at $6.  In the end the option expired and I just kept the premium. I would have been happy to own the stock at $6 if I had been assigned.