$50k in Palantir is All You Need to Retire

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  • Опубликовано: 12 мар 2024
  • 👉 Download the Covered Call Handbook for free: felixfriends.org/CC
    📈 Trade Visualisation Software: Experience it firsthand with a FREE 30-day trial! Get Started: www.optionswatch.io/sign-up
    👤 Meet Felix:
    I'm your host, Felix. My journey took me from being a novice investor to an investment banker, a corporate lawyer, and an entrepreneur. Investing was my key to early retirement at 40. My goal? To empower YOU to navigate the financial market with ease and transparency, free from the conventional financial system's noise. Let's embark on this journey to financial freedom together!
    The content in this video is for informational and educational purposes only. It does not constitute and should not be construed as financial or investment advice or an offer to purchase or sell securities. The content is not personalized or tailored to a specific person or group of persons, nor to their personal investment or financial needs. You should consult a financial adviser or other investment professional authorized to provide investment advice. Investing comes with risks, including the risk of loss. Presentations of trades made by Goat Academy Ltd or its personnel are not a guarantee that any investment decision made by a student will be successful. Past performance is not a guarantee of future performance.
    #felixfriends #palantir #pltr
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Комментарии • 106

  • @FelixFriends
    @FelixFriends  2 месяца назад

    👉 Download the Covered Call Handbook for free: felixfriends.org/CC
    📈 Trade Visualisation Software: Experience it firsthand with a FREE 30-day trial! Get Started: www.optionswatch.io/sign-up

  • @Icecold0505
    @Icecold0505 2 месяца назад +19

    Jerry Romine did this exact video yesterday. Interesting.

    • @cristinskadell338
      @cristinskadell338 2 месяца назад

      Yes I see that WHO copied WHO? Jerry posted a day earlier than this Fred Dude..

  • @DinoTamer23
    @DinoTamer23 2 месяца назад +9

    You didn't cover the 20% of the time your shares get called away and what you typically like to do in that situation? Roll, buy back, call, sell shares and buy back, wheel strategy, etc.?

  • @Danzo1212
    @Danzo1212 2 месяца назад +66

    You gotta be flippin jeremys flapjacks

  • @matthewanderson4772
    @matthewanderson4772 2 месяца назад +1

    On 1/24/24 I Sold palantire OTM covered calls $22 strike and the stock jumped 30% by 2/12/24. Got assigned and left money on the table as stock price had jumped to $25/share

  • @davidblanchard6785
    @davidblanchard6785 2 месяца назад +5

    I did covered calls on celh last week now I have no shares 😮 crazy run!

  • @kcirdorb9591
    @kcirdorb9591 2 месяца назад

    Great segment. Thank you

    • @FelixFriends
      @FelixFriends  2 месяца назад

      Glad you enjoyed it, my friend! Stay tuned!

  • @vinaykumarjain7687
    @vinaykumarjain7687 2 месяца назад

    Super stuff, easily explained... 🎉

    • @FelixFriends
      @FelixFriends  2 месяца назад

      Glad you found it easy to follow! Thank!

  • @jordanodonnell7807
    @jordanodonnell7807 2 месяца назад

    I just had calls placed for 1 week after earnings. I definitely held in the red at first, but then Palantir went on a nice run above $17. Once Palantir soared after earnings i had about a 500% gain on them. The weird thing was the few days after it didnt drop. But went on a missive run. I had about 40 runners that hit 1,000%. Palalntir has been an awesome play for earnings, you can tell they are on fire right now.

  • @omsun8
    @omsun8 2 месяца назад

    Actually, first when you have just cash you can start selling cash covered puts and once you get the stock, then you start selling covered calls

  • @IeldudeI
    @IeldudeI 2 месяца назад +2

    WINSTON!! My cat 🐱 Tofi says hi to Winston.

  • @cedric1808
    @cedric1808 2 месяца назад

    Are covered calls more profitable than cash secured puts, and if yes, is it because of the higher probability for the stock price to go higher (option price higher as well)?

  • @JamieReneeVonTeez
    @JamieReneeVonTeez 2 месяца назад +3

    I tried the covered calls approach with 11 palantir contracts @ $16 where it was stuck for weeks. All of a sudden it went nuts and jumped to the mid 20s!! I should have left it alone until I knew what I was doing. Now as of Friday, they will be called away and I am just sick over it!

    • @armandomartinez2699
      @armandomartinez2699 2 месяца назад +2

      Weeklys 25% out of the money work well! Just look at economic calander and dont do these during the times jerome powell speaks, cpi data, or earnigns and you will do well 40 out of the 52 week! the other 12 you just hold.

    • @JamieReneeVonTeez
      @JamieReneeVonTeez 2 месяца назад

      @@armandomartinez2699 thank you very much for your reply. Not really sure what all that means. Guess Im too old and slow to be messing with my retirement like this.

    • @g3nwestern766
      @g3nwestern766 2 месяца назад +1

      That's what happens after a good earnings call💀💀💀

  • @seanolson6746
    @seanolson6746 2 месяца назад +3

    Great video. It would be even greater if you showed the risks associated with this particular instrument.. But is great nonetheless, Thanks and cheers from germany!

    • @FelixFriends
      @FelixFriends  2 месяца назад +1

      I appreciate your point about discussing the risks more thoroughly. It's definitely an important aspect that I'll make sure to cover in future videos. Thanks, my friend!

  • @EGC69X
    @EGC69X 2 месяца назад +3

    Hey Felix,
    I think there's a minor miscalculation in your plan. At this moment, march 13th, Palantir closed at 25, if I search for a call option that is one week away with a Delta of .2 the price is .21, not .40 as you suggested. If I go for the returns you are talking about I would have to look at options with a .30 delta, 9 days to expiration.

    • @FelixFriends
      @FelixFriends  2 месяца назад +4

      Hi my friend, my whole calculation is based on monthly expirations.

  • @Mark-tm2zu
    @Mark-tm2zu 2 месяца назад +1

    I have been selling
    Covered Calls for a while. Almost like getting dividends.

  • @Robert-ky5ks
    @Robert-ky5ks 2 месяца назад

    isnt there any tax on each sell you make ? in my country we pay 40% from profit if we sell stock in 1st year...

  • @benjaminjackman5561
    @benjaminjackman5561 2 месяца назад

    Would you recommend doing the inverse with puts? If you get put the shares switch to calls?

    • @FelixFriends
      @FelixFriends  2 месяца назад +3

      Hi Ben, not really. Selling puts for profit, means you tie up a lot of cash. I would rather invest that cash into something that could go up in value. OR use it for proper trading where returns can be higher.

  • @gregb.7712
    @gregb.7712 2 месяца назад

    Thanks Felix, but how to adjust the price of the Call option during the run ?? Because if it hits your Call price and will be execute, you lost all futur dividends ... Thanks

    • @dso1986
      @dso1986 2 месяца назад

      You can roll your option

  • @thomasdamgaard6793
    @thomasdamgaard6793 2 месяца назад

    Love it😊

    • @FelixFriends
      @FelixFriends  2 месяца назад +1

      Thank you for tuning in, Thomas!

  • @tommydoucet7115
    @tommydoucet7115 2 месяца назад

    isn't bad if the stock goes up 30% in a week ? It would make you sell your shares, and when you buy back, you don't have 1850 shares again so you have way less options to sell + you missed the gigantic profit on the 30%. Just trying to learn here, thx !

  • @F3l1x1990
    @F3l1x1990 2 месяца назад

    Nice, would you do that for Sofi also?😊

  • @Sharmway
    @Sharmway 2 месяца назад

    Well, its all fine, but should calculate the chance * price of buying back the share, and compare this to the premium * chance, so lets say you get 0.44$ per share at 80% chance ( 0.44*0.8 = 0.352$ ), and you have to buy back let's say at 32$, that means ( 32 market price - 30 strike -0.44 premium = 1.56$ loss at 20% chance, means, 0.312 loss ), so to net this out you win 0.352, and lose 0.312, that means your expected value for every trade is +0.04 $. And the assumption has a variable with the market price at the strike times.

  • @jordanodonnell7807
    @jordanodonnell7807 2 месяца назад

    Im up about 220% On Palantir. I might sell at 500%. We will see how long the huge growth continues.

  • @miked8227
    @miked8227 2 месяца назад

    Currently I’m going to be call out tomorrow on my 500 shares of AMD at +16 a share and +1300 dollar premium. Kinda wish I wasn’t losing the shares but not going to cry over profit. Tax free at that!

  • @the-random-earthcollection9263
    @the-random-earthcollection9263 2 месяца назад

    On same page as Jerry Romaine on PLTR 👍

  • @genok4342
    @genok4342 2 месяца назад

    Felix ..This was super helpful... I have 3800 shares in hope of a share price rise...This will turbocharge that opportunity.

    • @user-ms8jb6is6y
      @user-ms8jb6is6y 2 месяца назад

      Thats 150k worth, nice work!

    • @FelixFriends
      @FelixFriends  2 месяца назад

      Glad to hear you found the video helpful, my friend! Sounds like you've got a good plan with those shares. 🙌

  • @thenoodlebuddy
    @thenoodlebuddy 2 месяца назад

    What platforms can we use in the UK to sell covered calls? And can you do it in an ISA?

    • @FelixFriends
      @FelixFriends  2 месяца назад

      IBKR and Tasty are the best platforms for options trading outside the US. IBKR offers paper trading (simulated trading) which is essential.

  • @lillenisy3622
    @lillenisy3622 2 месяца назад +1

    But what happens if the stock doesnt go up to meet the call price?

    • @TheOriginalPickleRick
      @TheOriginalPickleRick 2 месяца назад

      No problem. You sell new Calls at a lower price. Just maintain the Delta of about 0.2

  • @SloidVoid
    @SloidVoid 2 месяца назад +4

    Unfortunately I only have 500 PLTR shares, but I have 2,500 SOFI shares so hopefully I could do it there.

  • @jimmyroels7604
    @jimmyroels7604 2 месяца назад +1

    I have to pay 3 $ to the broker for every option that I buy or sell....

  • @Slaytheday388
    @Slaytheday388 2 месяца назад +3

    Perfect, I have 2100 shares of palentir so that’s around $50,000. I also have 4 Thousand shares of NIO

    • @IRLSuperb
      @IRLSuperb 2 месяца назад +6

      Nio will ruin your potential earnings

    • @lawrenceyeung3381
      @lawrenceyeung3381 2 месяца назад +1

      Take profits off Nio while you still can

  • @BognaBH
    @BognaBH 2 месяца назад

    Jerry Romine said this before you.😂😂😂

  • @george0r510
    @george0r510 2 месяца назад

    Sorry
    CHARLEY

  • @srinivasgp
    @srinivasgp 2 месяца назад +1

    I am in dismay. Felix - you always bashed covered calls as options trading strategy saying thats not what millionaire bankers do. Now suddenly?

  • @shallygambhir3908
    @shallygambhir3908 2 месяца назад

    What if stock goes down ? Excuse my ignorance as am not into trading

    • @FelixFriends
      @FelixFriends  2 месяца назад

      That's why I suggest to diversify!

  • @user-uc2qk8wg6z
    @user-uc2qk8wg6z 2 месяца назад +3

    I don't want to be the party pooper, but I want to remind to everyone the elephant in the room... palantir can go down... and I hope not coz I have 500 shares...

    • @jacqdanieles
      @jacqdanieles 2 месяца назад +3

      There's a guaranteed way for pltr to go down -- me buying the stock 😉

  • @surfermx
    @surfermx 2 месяца назад +2

    Total miscalculation

  • @TheOriginalPickleRick
    @TheOriginalPickleRick 2 месяца назад

    After about 5 months you will have to sell the shares, or buy back the covered Calls at a loss.

    • @FelixFriends
      @FelixFriends  2 месяца назад

      Not if you do weekly or monthly contracts...

    • @TheOriginalPickleRick
      @TheOriginalPickleRick 2 месяца назад

      @@FelixFriendsMy point is that with a 0.2 Delta there is a 20% chance of the stock rising above the Call strike price. So on average after 5 monthly trades the stock price will finish above the strike price. This means you let the shares go, or you buy back your Call at a loss. I hope I have understood correctly.

    • @DomsPokeMMO-tf4tj
      @DomsPokeMMO-tf4tj 2 месяца назад

      @@FelixFriends Bruh, you literally just did monthly contracts and they get called away 20% of the time according to your own calculations...

  • @funkymanc9253
    @funkymanc9253 2 месяца назад

    It so easy, who knew ....buying 50k worth tomorrow to get started....

  • @brianwest7344
    @brianwest7344 2 месяца назад

    I'm only short 49995 dollars

  • @buckar00banzai96
    @buckar00banzai96 2 месяца назад

    This is how I lost all my PLTR shares 😂.

  • @midwestcannabis
    @midwestcannabis 2 месяца назад

    🎉🎉🎉❤

  • @Mark-tm2zu
    @Mark-tm2zu 2 месяца назад

    Felix- you did not cover Theta, which affects the call premiums as well. But I know you do want to go too deep.

  • @anthonyskorupski
    @anthonyskorupski 2 месяца назад

    I just dropped 1k for for 40 shares after watching. lets see where it takes me!

  • @betterfuture09
    @betterfuture09 2 месяца назад

    Stock goes down and/or vega drops big, good luck getting those returns selling premium.

  • @neilmac4730
    @neilmac4730 2 месяца назад

    Are there more stable stocks this would work with Felix?

    • @FelixFriends
      @FelixFriends  2 месяца назад +1

      The same principle can be applied to any stock you have 100 shares on.

  • @garys.1415
    @garys.1415 2 месяца назад

    Answer: No.
    This is a class on how to lose $50k.
    Long PLTR. 5,111 shares strong.

  • @gift4636
    @gift4636 2 месяца назад

    Don't promote PLTR Felix.
    Yes profits are all that matter in the investing world.but even people with no ethics would want to shy away from the angel of death

  • @fredkim01
    @fredkim01 2 месяца назад

    Too risky

  • @maddumass
    @maddumass 2 месяца назад

    If I'm reinvesting my returns on 50k how are my needs covered? Begging? Click bait sir. I got to responsibly quit my job over a decade ago not yesterday! Hump!

  • @BM-by4cm
    @BM-by4cm 2 месяца назад

    Time to sell folks. Am happy with my 230% gains. 😊

  • @northwesterncanopydevelopment
    @northwesterncanopydevelopment 2 месяца назад

    Did you name your doggie after Churchill ?

    • @FelixFriends
      @FelixFriends  2 месяца назад

      We will fight them on the beaches 😁

  • @nbkw48
    @nbkw48 2 месяца назад

    This is such a bad idea. I know the purpose is to illustrate how Covered Calls work but you cannot seriously be teaching untrained investors who dont know the basics of options, to do this. Fyi - you CANNOT get 1.5% per month forever. This is due to a high IV market that is at an all time high. If a stock has 1.5% per month, it tells you how insanely volatile it is, which in turns means you are either about to lose money by it bursting throught the covered call strike or by losing your invested principle.
    Never EVER sell CCs on high iv stocks like PLTR. If it shoots up, you lose out via opportunity cost. If it goes down 10-20% in a day, a 1.5% dividend will not recover your capital.

  • @frankvanfossan
    @frankvanfossan 2 месяца назад

    How did it work with 5K0K buy in when it went live through a SPAC...
    Let me explain....lost 30K on that investment....as it ran down to 7 dollars as Karp issued / sold billions of stock that was locked up to his employees.
    Do not take financial advice from this rando!

  • @moneycrab
    @moneycrab 2 месяца назад

    Noooo! Don’t do investanswers style retire on vids

  • @ironhawk70
    @ironhawk70 2 месяца назад

    Sure… if you had shares before the IPO

  • @serge2039
    @serge2039 2 месяца назад

    You forgot to mention how your position will one day get called away, brainiac.

  • @PatternTradez
    @PatternTradez 2 месяца назад +2

    clown traders are back

  • @redfearnryan2
    @redfearnryan2 2 месяца назад

    I believe Alex is the next Trevor Milton

    • @FelixFriends
      @FelixFriends  2 месяца назад

      I am no UK tax advisor but it seems capital gains apply community.hmrc.gov.uk/customerforums/cgt/173f7652-a942-ee11-a81c-002248c8206f

  • @Gidis96
    @Gidis96 2 месяца назад

    U just copied someone. And you know who haha

  • @georgeghviniashvili3567
    @georgeghviniashvili3567 2 месяца назад

    delete this lol

  • @seemev2.0phuckbootube78
    @seemev2.0phuckbootube78 2 месяца назад +8

    Definitely a must have stock and hold for 10 years but to retire off ... doubtful

    • @nrsrchd
      @nrsrchd 2 месяца назад

      $200 of Shiba Inu, once it hits $1.00 gets you 16 million, as long as you buy now. That's a good start and in my budget. Now for when XRP starts moving ALL the money as per the BIS and IMF, it will be on for sure, $600 of that at current price could net between $12 and 24 million.

  • @seemev2.0phuckbootube78
    @seemev2.0phuckbootube78 2 месяца назад +1

    Retire when? In 10 years, buddy don't forget inflation hadn't gone away yet. Sounds like we can see hyperinflation next year

    • @almabe7608
      @almabe7608 2 месяца назад

      That's bs pal 😅 Sorry to say it

    • @seemev2.0phuckbootube78
      @seemev2.0phuckbootube78 2 месяца назад

      @almabe7608 you think? Just wait for Quantitative easing the dollar will tumble. You probably don't understand the economic war happening right now between the East and West.