Thank you SO MUCH, Ashley! I buy calls on every rare red day that Palantir has & I finally made back most of the money that I lost of my first year of trading. I don't day trade penny stocks anymore. I only trade stocks that I want to own!
Ashley at around 8:50 you mentioned that towards the end of the contract you could exercise the option and buy 100 share at $42. This is assuming the price is higher than $66 since you already paid $24 + $42 =$66.00 wouldn’t make sense to exercise it if less. However, what if the stock was at $100 in the future. Would it be better to exercise and buy at $42 or just sell to close seeing that those options may be worth a lot more? Hypothetically $100 in the future - $66 your cost can then turn around sell and make $34 a share however those options may be worth more than $38. I know there are calculators that let you see the future value and I still haven’t been able to figure out when would it be beneficial to convert to shares instead of just closing out the calls. Please make a video explaining the differences. Also if say you held those calls for more than a year and decided to exercise for shares. Are those shares considered new shares when it comes to taxes or does the clock go back to when you bought the option a year earlier ?
Well, these are lots of things to think about! I'd love to find out the answers to them too! Also, I wonder how long to wait before selling calls on the LEAPS and at what deltas to figure out what strike to choose?
great way to trade and to lift others up PLTR is going to be a monster stock with my wheel I got in originally around 19 but with the wheel I keep lowering my price and adding a few shares every so often
Just wondering in your example where you are choosing strike $42 , what would you do if stock plummets and breached your $42 strike ? What would happens to LEAPS? Pls advise
Ashley, you are a breath of fresh air. I watch all of your videos. I've been trading for 5+ years struggling. Your strategies have been golden. Thank you for being you. I would love to join your discord and journey.
I know the general rule is to buy LEAPS when the RSI is below 50 or so. This is where Palantir seems to defy logic. They just keep taking ground and rarely going back except for a buck to two here and there. It is the most persistent stock that I have ever followed. The RSI is at 80 right now though.
Such an inspiration! I have been thinking of buying LEAPS for quite a while and now I'm taking the plunge. I wonder how short a time of selling calls against the LEAPS will they have paid for themselves?! I can hardly wait!
I got my LEAPS for Jan '27 at 42 and now I wonder if it's too early to start selling calls against them? We certainly want to pick a delta that minimizes the chance of the shares getting called away so I'm wondering if a delta lower than .10 is low enough, or should we be looking at .05 or lower? I feel the butterflies in my tummy and do not want to mess this up! Feel free to chime in with any warnings or encouragement . . .
Well, that's disappointing . . . I tried writing a CC against the LEAPS on PLTR today in my Webull account and the message popped up saying "You do not have sufficient shares." I sent a message to their customer service, but have not had a reply. I have Level 3 approval, so I'm not sure what the problem is? Does anybody here know what's going on here?
Hello Ashley. Thanks a lot for your inspirational videos 🙂 I never bought a leaps and sold calls against it, anxious about the sudden surge of the stock. It seems to me it is comparable to a bull-call-spread? With the b-c-s the 2 positions are executed at the same time, but is that also true if you bought a leaps and sold a call in 2 separate orders? with 2 different expiration dates? Maybe it is also dependant on the broker, I am in Europe with IBKR. Thanks in advance for a little enlightning :-)
Hi Ashley due you also due small trades in your discord because it seems like every discord I join are always trading hi like spy and Tesla and I’m a beginner don’t have that kind of money yet 😊
I followed your callouts to sell cc on PLTR. I sold 5CC $48 11/8/24 before the election. Now that PLTR had gone up higher. What can I do? I don't want to lose 500shares. I'm trying to see if I could close the CC before end of day 11/8/24. Likely have to eat the $3500llss to close the cc. Pls share your advice on the sensible way to salvage my covered call trade on PLTR.
She has a video that she posted a month ago for this exact situation. I had to reference it to because I’m with you. It’s called missed out on PLTR trade and the thumbnail says fix my trade.
Is this a strategy for small accounts? Because you can lose a fair proportion of your portfolio in one position? This seems great if you have a large account?
Could it be a good strategy to buy a contract for 1/17/26 with a strike of $43 and a delta of .93? Another solution for accounts under $1k please? Thankyou so much Ashley ❤
I'm very good at options trading with paper money, and I even have a +90% win rate and I once closed a position for 35K on UBER options. I bought a PLTR $52 NOV15 Call Option that is up 153% however I'm too scared to buy a single leg call option in my real account because I feel I don't actually understand what happens if I lose the trade. I know I lose whatever premium I paid, but it's the 100 shares exercised I'm confused about. I don't have PLTR stock and I don't have the capital to buy 100 shares. Am I to just trade confidently and close the position by selling the contract before it's exercised? Would my account ever be credited 100 shares of the underlying stock if the call option goes against me?
Hi Ashley, I am stuck in an put option trade trade for Palantier exp 11/15. Do you think Palantier may go down to $50 by next Friday? Need your opinion. Thanks a lot
Hi, Ashely. I am also stuck in a covered call option trade for Palantir, expiring 11/15. I actually bought it based on one of your videos, in which you stated that the $50 price had good support. What can I do not to get my shares taken away?
Thank you SO MUCH, Ashley! I buy calls on every rare red day that Palantir has & I finally made back most of the money that I lost of my first year of trading. I don't day trade penny stocks anymore. I only trade stocks that I want to own!
That is wonderful!
That’s great. Congrats.
That's my secret as well trading stocks that I love and want to own
Ashley is awesome. 👏
You are the best tkx for the great news on pltr. Also glad you reminded me you can also purchase the stock through your call option
This video is so appreciated. Ty Ashley
I’m waiting for a pull back to buy a leap, great video thanks!
You’re a great teacher!
I appreciate that!
Thank you for repeating your advices, techniques,… until it really get in our brains!!! yes!
Sometimes the repetition is all you need!
Thank you Ashley and God bless you and your family. You are my Queen 👑
God bless you too!! 🙏
Ashley at around 8:50 you mentioned that towards the end of the contract you could exercise the option and buy 100 share at $42. This is assuming the price is higher than $66 since you already paid $24 + $42 =$66.00 wouldn’t make sense to exercise it if less. However, what if the stock was at $100 in the future. Would it be better to exercise and buy at $42 or just sell to close seeing that those options may be worth a lot more? Hypothetically $100 in the future - $66 your cost can then turn around sell and make $34 a share however those options may be worth more than $38. I know there are calculators that let you see the future value and I still haven’t been able to figure out when would it be beneficial to convert to shares instead of just closing out the calls. Please make a video explaining the differences. Also if say you held those calls for more than a year and decided to exercise for shares. Are those shares considered new shares when it comes to taxes or does the clock go back to when you bought the option a year earlier ?
Well, these are lots of things to think about! I'd love to find out the answers to them too! Also, I wonder how long to wait before selling calls on the LEAPS and at what deltas to figure out what strike to choose?
Love your vids! Thank you Ashley big fan here!
Yay! Thank you!
Thanks, Ashley! ❤
Give you give an explanation on why SQQQ did a stock split.
Ashley!! You’re so money! Thank u 😊
😅
Thank you!
You're welcome!😇
great way to trade and to lift others up PLTR is going to be a monster stock with my wheel I got in originally around 19 but with the wheel I keep lowering my price and adding a few shares every so often
i should of listened to YOU Ashley on PLTR I sold at when they announced on SP500
Still a lot of room to run! 😊❤️
Great stock tip Ashley! 🤖…
Thank you!! 😁
I'm Canadian can I join?
Is that a buy to open LEAPS?
I bought $45 leaps expiring September 19,2025. Sooo glad I did.😀
Hi Ashley, if I join your group do you show us what options to purchase? Thank you 🙏
Yes of course!
Just wondering in your example where you are choosing strike $42 , what would you do if stock plummets and breached your $42 strike ? What would happens to LEAPS? Pls advise
It would lose value temporarily, so you would have to just wait for recovery.
I buy $PLTR on the daily! Great prospect
Ashley, you are a breath of fresh air. I watch all of your videos. I've been trading for 5+ years struggling. Your strategies have been golden. Thank you for being you. I would love to join your discord and journey.
Amazing video, super random question: what brand is your sweater from?
Barefoot Dreams 😅
❤thank you!
price earnings dangerous...unless u are on mars
I know the general rule is to buy LEAPS when the RSI is below 50 or so. This is where Palantir seems to defy logic. They just keep taking ground and rarely going back except for a buck to two here and there. It is the most persistent stock that I have ever followed. The RSI is at 80 right now though.
Yes it is due in part to how retail holds strong and institutional investors just waking up to it. Keeps the buying pressure up without much selling.
Do you hold these leaps until expiration? Do you have to close the leap or you don't do anything and the money just shows up?
Such an inspiration! I have been thinking of buying LEAPS for quite a while and now I'm taking the plunge. I wonder how short a time of selling calls against the LEAPS will they have paid for themselves?! I can hardly wait!
I got my LEAPS for Jan '27 at 42 and now I wonder if it's too early to start selling calls against them? We certainly want to pick a delta that minimizes the chance of the shares getting called away so I'm wondering if a delta lower than .10 is low enough, or should we be looking at .05 or lower? I feel the butterflies in my tummy and do not want to mess this up! Feel free to chime in with any warnings or encouragement . . .
Well, that's disappointing . . . I tried writing a CC against the LEAPS on PLTR today in my Webull account and the message popped up saying "You do not have sufficient shares." I sent a message to their customer service, but have not had a reply. I have Level 3 approval, so I'm not sure what the problem is? Does anybody here know what's going on here?
Hello Ashley. Thanks a lot for your inspirational videos 🙂
I never bought a leaps and sold calls against it, anxious about the sudden surge of the stock.
It seems to me it is comparable to a bull-call-spread?
With the b-c-s the 2 positions are executed at the same time, but is that also true if you bought a leaps and sold a call in 2 separate orders? with 2 different expiration dates?
Maybe it is also dependant on the broker, I am in Europe with IBKR.
Thanks in advance for a little enlightning :-)
is it available to people in the uk to join you and what broker do you recommend for a UK user. ?
Interactive Brokers :)
Hi Ashley due you also due small trades in your discord because it seems like every discord I join are always trading hi like spy and Tesla and I’m a beginner don’t have that kind of money yet 😊
We do several smaller account trades for sure!
@ thank you see you there soon ☺️
@@ashleytradingwithashleywhat’s ya discord?
I just need PLTR to retreat a little to get below (or at least closer to) my CC strike price cause I set it too low. OOPS! LOL
I followed your callouts to sell cc on PLTR. I sold 5CC $48 11/8/24 before the election. Now that PLTR had gone up higher. What can I do? I don't want to lose 500shares. I'm trying to see if I could close the CC before end of day 11/8/24. Likely have to eat the $3500llss to close the cc. Pls share your advice on the sensible way to salvage my covered call trade on PLTR.
She has a video that she posted a month ago for this exact situation. I had to reference it to because I’m with you. It’s called missed out on PLTR trade and the thumbnail says fix my trade.
Roll the CC further out.
roll
Which site did you reference to see the Delta?
I know it should be on most option chains, but a few chains I looked at didn't provide Delta info.
Tradier
@@ashleytradingwithashley Thanks!
Is it too late to enter this leaps option for $42 expiration 1/15/27?
Looks like I'll never get that gap fill at 30😅
Is this a strategy for small accounts? Because you can lose a fair proportion of your portfolio in one position? This seems great if you have a large account?
But pltr is at $55, is it ok to still buy leaps? Or wait for a pullback bec it’s a green day due to election
I bought a few today but will buy more on red days :)
Could it be a good strategy to buy a contract for 1/17/26 with a strike of $43 and a delta of .93? Another solution for accounts under $1k please?
Thankyou so much Ashley ❤
WOW
😇😇
What happens if PLTR price drops below your strike price? Do you plan to ride it out or sell your call if the price crashes down about 10%
I will actually buy more.
I'm very good at options trading with paper money, and I even have a +90% win rate and I once closed a position for 35K on UBER options. I bought a PLTR $52 NOV15 Call Option that is up 153% however I'm too scared to buy a single leg call option in my real account because I feel I don't actually understand what happens if I lose the trade. I know I lose whatever premium I paid, but it's the 100 shares exercised I'm confused about. I don't have PLTR stock and I don't have the capital to buy 100 shares.
Am I to just trade confidently and close the position by selling the contract before it's exercised? Would my account ever be credited 100 shares of the underlying stock if the call option goes against me?
If you by Call options of any duration that's all that you can lose. Never let your options lose that much value.
So you’re saying PLTR isn’t coming back down so I can buy in at a cheaper price 😢
It might! But just in case…
Oh it will for sure, pull back is right around the corner, would be dumb not to take profit at these levels
Hi Ashley, I am stuck in an put option trade trade for Palantier exp 11/15. Do you think Palantier may go down to $50 by next Friday?
Need your opinion. Thanks a lot
Hi, Ashely. I am also stuck in a covered call option trade for Palantir, expiring 11/15. I actually bought it based on one of your videos, in which you stated that the $50 price had good support. What can I do not to get my shares taken away?
It is a strong level of support but depends in part on the overall market next week.
@ thank you so much.
@@gimmigrationeasy341you can do a rolling option I guess and still keep the stock
@@gimmigrationeasy341 you can roll over the CC further out.