What is a fair CC return?
What is a fair CC return? 8%? 10%? 12%?
I own 4200 shares of Palantir with varying cost basis, probably around $100/ share in my IRA and Roth IRA. Share price is probably lower, but I have bought/ sold/ rebought so many times that it is a guess. Love it as a long term stock, not so much short term. For the past 2 months I gave been selling CC with DTE 4 or 5 days (same week), I stick to a Delta of between .08 and .10. It's been close a couple of times, but I haven't been called away yet. I am generating a profit of between $1100 and $1400 a week on a current portfolio value of roughly $600,000. Annualized probably $60,000 profit
Definitely don't want them called away, just want to generate some profits from a non dividend stock.
Question for the braintrust, Is this sustainable?
Would you be more aggressive as there is no tax liability because it is in IRA/Roth accounts?
Thanks