The author recommends shorting OTM puts in near-term expiry ...
The author recommends shorting OTM puts in near-term expiry periods for pseudo income while waiting for the stock to reach its target. An example is given of shorting the $15.50 strike price puts for Feb. 2, 2024, which could yield a 1.55% return immediately. If repeated every 3 weeks for a year, the expected return is 26.3% annually.
Palantir Is Down, But Its FCF Could Make It Worth 21% More at $20 Per Share
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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