The Best Stock to Buy Right Now - Palantir

Lets discuss selling Call options on Palantir (PLTR) Stock for beginners. One very common question most beginner traders have is "What expiration date do I choose for selling options"? The timeframe you choose to sell options depends on your overall investment goal.
Not financial advice, but a beginner trader may be interested in selling call options on Palantir stock right now if they were looking at generating some extra income on a the stock if they anticipated the share price to stay down for a little while.
Call options are financial contracts that give the option buyer the right but not the obligation to buy a stock, bond, commodity, or other asset or instrument at a specified price within a specific time period. The stock, bond, or commodity is called the underlying asset. A call buyer profits when the underlying asset increases in price.
A call option may be contrasted with a put option, which gives the holder the right to sell the underlying asset at a specified price on or before expiration.
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Options trading can provide several advantages to traders, whether you want to speculate on a wide range of markets, hedge against existing positions, or simply have more time to consider whether a trade is right for you. If you enjoyed this video about options trading basics for beginners, and how to buy call and put options strategies explained, please remember to like, share, subscribe and leave a comment if you have any questions, suggestions, or feedback. We hope to see you here again soon!
Palantir Technologies is a public American software company that specializes in big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003.
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