I closed $PLTR 20241115 57.0 PUT$  ,$PLTR 20241115 57.0 PUT$  Turning a Quick Profit with Palantir (PLTR) Put Options: My 86.59% Gain in Just 7 DaysIn the world of options trading, few things feel as satisfying as pulling off a high-percentage gain within a short period. Recently, I managed to earn an impressive 86.59% return on my Palantir (PLTR) put option, generating a solid $120 profit in just seven days. This was all part of a carefully calculated strategy that took advantage of the stock’s price movements, timing, and market sentiment.Selling a put option essentially involves committing to buy the stock if its price falls to a certain level, known as the strike price, by the option’s expiration date. By selling the PLTR put, I was able to collect a premium upfront. The beauty of this strategy is that, as long as PLTR’s stock price remained above the strike price by the expiration date, I would keep the premium without having to buy the stock. In this case, the stock held steady, allowing me to pocket a tidy $120 without needing to purchase shares.This success wasn’t just luck—it was the product of a well-timed entry, where I analyzed PLTR’s technical indicators and recent market activity. By calculating my risk and return beforehand, I ensured I was positioned for a good chance of profit. The fact that I achieved this in only a week highlights the effectiveness of option selling as a short-term trading strategy.@MillionaireTiger @TigerStars @MillionaireTiger @TigerStars