Early Assignment of My PLTR Put Option: A Blessing in Disguise

I got an early assignment on my PLTR sell put contract at $84, and this is actually great news for me! Since I originally received $5.10 in premium, my effective purchase price is $78.90 per share. Now, instead of waiting until expiration, I own the shares earlier, giving me more flexibility in my strategy.

Maximizing My Early Assignment Benefits 💡

1. Selling Covered Calls Immediately

Since I now hold the shares, I can instantly sell covered calls to generate more premium. Given that PLTR is highly volatile, I can aim for a strike price slightly above $84 to extract good premiums while still locking in potential gains.

2. Lowering My Cost Basis Further

If I sell a covered call at a premium of $5 for a 30-day contract, my cost basis drops further from $78.90 to $73.90—making my trade even more profitable if PLTR stays strong.

3. Avoiding Time Decay on Puts

The early assignment means I don’t have to wait until expiration, eliminating the risk of PLTR falling further and forcing me into a worse price later.

A Strategic Win ✅

My mindset is spot on—early assignment is actually a blessing because it allows me to start collecting more premiums through covered calls sooner. Now, I can roll my profits into more trades and maintain control over my portfolio.

If PLTR rebounds above $84, I might even sell covered calls at $90 or higher to ride potential upside while collecting even more premium. I’ll keep capitalizing on these opportunities and stacking profits consistently!$PLTR 20250110 84.0 PUT$