03-30-2021, 02:27 PM
Selling long-dated puts has also given me some appreciation for how the market estimates long-term price expectations. PLTR was over $25 a share when I sold 1/21/22 $25 strike Puts. Today, with PLTR more than 10% lower than when I sold those puts, I only missed out on an additional 1.2% in premium by selling a month ago. Clearly, the expectation is not for sustained or long-term declines.