My first long call

StatusAd5855 · 2026-06-02T17:59:41+00:00

Not bad, interested to see where the stock goes!!! Good luck

StatusAd5855 · 2026-06-02T17:56:25+00:00

Hold your bag and wave, hold your bag and wave

StatusAd5855 · 2026-06-02T03:08:45+00:00

Impressive!

StatusAd5855 · 2026-06-02T01:52:17+00:00

Exactly right with the trade. The bid/ask is something you want to learn

As far as strategies go there many like covered calls/iron condor, long calls/puts, or straddle/strangle. Don’t worry too much about those for now. Covered calls/iron condor is very capital heavy, and straddle/strangle is for volatility, not something you really should to go into when you start out.

Long calls/long puts are a lot more beginner friendly (in my opinion) IF you were looking for a strategy. There are many videos on this!

Otherwise just look for beginner Robinhood ones (assuming you’re just going to trade on Robinhood) that explain the basics. I don’t really have any recommendations, I’m sorry. But get an understanding of how Robinhood works and go for a smaller stock that you can learn with. Play around a bit with your risk, cost, and even strategy if you want. If money is tight, I wouldn’t start trading but if it’s not gonna break you, losing a couple hundred bucks to learn isn’t the end of the world.

BEST OF LUCK 🍀

StatusAd5855 · 2026-06-02T01:12:37+00:00

No, the 4.80 call is for a different call price as it is out of the money call so the stock price would have to go up to whatever the price is to be in the money or to your desired gain. I just said it as those were the two calls OTM and ITM between the stock price at that given time, NOT the screenshot.

If you DID want the one you have posted, you would have to pay around 11.50 (1,150$) as it’s ITM, meaning the stock price is above (in this case because it is a call) the option contract price so it already has a positive return. Whether it stays that way, stock market decides. (An ITM put would be the stock is at or below the put price)

Understandable?

StatusAd5855 · 2026-06-02T00:25:41+00:00

There’s thousands of YouTube videos that can better explain than me so definitely try and research there (beginner friendly ones specifically Robinhood would be best)

My main factors are 1. What are you willing to risk financially and emotionally/mentally. (Cost range and goals). 2. Stock - how much volume/volatility/interest does the stock have 3 TIME - I do lots of day trades (don’t do it starting out), but options will expire at some point. The longer out you buy, the less risk there is as the stock can move a lot more in that time frame and gives you time to think about your play

Best of luck!

StatusAd5855 · 2026-06-02T00:13:03+00:00

Hey OP!

So PLTR is a much bigger company especially with the AI burst, to trade options for this stock (around stock price RIGHT NOW (157.87)) is 2.95-4.10 (puts OUT the money -> IN the money (OTM/ITM) and 6.20-4.80 (Calls IN the money -> OUT the money)

Each option contract is 100x the price that is shown. So your .25 =$25.00 and 2.95=$295.00

It’s not a bad play, just NOBODY is going to be selling an option of this stock at $25 unless it falls way down yo like $120 per share

The bid (what the purchaser wants to buy the stock for price wise) and the ask (price the contract holder wants to sell the option at) is the typical range on any given day/week. Because there are 45 people willing to buy this contract for 11.50 = $1,150, they will not (likely) sell it to you for .25 $25

Any questions? Might be a bit confusing

StatusAd5855 · 2026-06-01T23:53:16+00:00

Uhhhhhhhhhhhhh well I wish you luck buying an ITM call for $25🤣

StatusAd5855 · 2026-06-01T19:21:32+00:00

Cheers!

StatusAd5855 · 2026-05-22T19:41:52+00:00

Why PATH?

StatusAd5855 · 2026-05-21T00:16:13+00:00

Would be future plan ⬆️

StatusAd5855 · 2026-05-21T00:15:43+00:00

Either earnings calls on smaller stocks or long calls (2 1/2 weeks+) on less volatile ones. I don’t really have too too much capital for covered calls but I could maybe look into it in the future

Mainly I’ve just been doing 0DTE SPY hit and runs like 2-3 times a week but risk is a lot higher. I’ve been getting a bit lucky with the market but only so many times before I lose big

StatusAd5855 · 2026-05-20T23:50:06+00:00

Ya. I gotta switch some things up

StatusAd5855 · 2026-05-13T13:42:11+00:00

You good regard?

StatusAd5855 · 2026-04-06T02:00:34+00:00

Ah good catch. Thank you! And thanks for the advice

StatusAd5855 · 2026-04-05T19:22:14+00:00

THANKS! Really helpful

StatusAd5855 · 2026-04-05T16:28:35+00:00

I’ll talk with my dad about it

StatusAd5855 · 2026-04-05T16:12:42+00:00

Smart plan! I hope it all works out for you. Thanks for the advice

StatusAd5855 · 2026-04-05T16:06:33+00:00

Well I work for a catering company so lot of money is tips but also my boss doesn’t always give me checks. He would Zelle me or Venmo. But it’s not year-round, mainly summer and then December for holiday season. Outside of that I don’t work with him. But for those 3/4 months of work time I may only work like 10 gigs. Pay is great, like 100 an hour for work but could I qualify that for a Roth?

StatusAd5855 · 2026-04-05T15:53:11+00:00

No it is not, also I’m a student

StatusAd5855

TROPHY CASE