Trade Alert 1/8/2025

We are exiting our entire PLTR position today for a small profit overall. Remember we get to include the short put that expired last month in our overall calculation. So, while the current position does NOT show a big profit. We made a couple hundred bucks of profit in the short Dec 27th option that expired worthless for a max gain. After yesterdays adjustment, we have a cost basis of 8.53 in the spread. We have exited today for 9.33 credit. The result is a profit of +$80.00 overall. Sell to close:  PLTR May 16th (monthly) 70.00 strike put Buy to close: PLTR Jan 17th (monthly) 67.50 strike put Credit:  9.33 Profit of $0.80 per spread (this includes the income from Dec 27th put that expire for a profit).