How I Make $8,100 Weekly from In-The-Money Covered Calls on Palantir (PLTR)

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If you're looking for a consistent, low-risk income strategy in the stock market, you’ll love this. In this article, I’ll show you how I’m making $8,100 a week using in-the-money covered calls on one of today’s hottest stocks—Palantir (PLTR)—and why this approach can help protect your capital even when the market fluctuates.

The Setup: 30 Contracts, 90 Delta, Deep in the Money

I currently hold 30 deep in-the-money call contracts on Palantir, equivalent to 3,000 shares. These options have a 90 delta, meaning they move almost dollar-for-dollar with the stock—perfect for my base position.

This week, I was in the $119 strike calls, but as expiration approached, there was no extrinsic value left—just intrinsic (real) value. That means I’ve already collected the income I was after: the “juice.”

The Roll: Moving from $119s to $125s

Rather than letting the contracts expire, I rolled them forward to the $125 strike price for next week, which is still $4 in the money since Palantir trades around $129.

Why? Because even though it’s still in the money, I can collect $2.70 per share in extrinsic value (juice). Multiply that by 3,000 shares, and you get…

$8,100 of pure weekly income.

And here’s the best part—Palantir can drop from $129 to $122, and I’m still in the money and protected.

Downside Protection Built-In

If Palantir takes a hit and drops by $7, I don’t lose a dime. That’s the beauty of using in-the-money calls—you have a buffer. And if the stock goes up, my base position gains value, offsetting the increase in working capital needed.

This is not a trade hoping for capital gains. This is a strategy for consistent, repeatable income.

Strategy Recap: Why It Works

Steady income: Juice collected weekly
Capital protection: Cushion built in by in-the-money position
High probability: The deeper in the money, the more stable your setup
Flexibility: If PLTR dips, I still collect my $2.70/share in premium

If you’ve never tried covered calls or don’t understand deep in-the-money setups yet, take some time to do the math. This strategy is ideal for income-focused investors who want to get paid whether the market moves up, down, or sideways.

FAQ: In-The-Money Covered Calls

Q: Why use in-the-money (ITM) calls instead of out-of-the-money (OTM)?
A: ITM calls provide downside protection and more consistent income by focusing on extrinsic value (time premium). While OTM may offer more upside, ITM is more reliable for weekly cash flow.

Q: What if PLTR shoots up? Won’t I lose profit?
A: Not really. Your base position rises with the stock. Although your option value decreases, you still walk away with the juice and the gains in your underlying call position.

Q: Can I do this with fewer contracts?
A: Absolutely. Even with just 100 shares, you can start generating income every week.

Life-Improving Tip

Focus on repeatable wins, not home runs. Income strategies like this can remove emotional stress from your investing. When you earn predictable income, you don’t have to chase market trends or panic over volatility.

Consistent wins build confidence—and compound wealth.

Call to Action: Start Building Your Weekly Income Now

Are you tired of:

Unpredictable returns from buy-and-hold strategies?
Relying on advisors who charge fees but underperform?
Watching markets swing while you sit helpless?

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Conclusion

Covered call investing—especially using in-the-money strategies like the one shown with Palantir—offers predictable, weekly income with built-in downside protection. By focusing on the extrinsic value (the juice), you avoid the stress of stock direction and stay laser-focused on what truly matters: cash flow.

In this example, earning $8,100 in a single week by rolling contracts with minimal risk demonstrates the true power of this method. Whether the market moves up or down, you’re not gambling—you’re managing income like a pro.

Remember, this isn't about "getting rich quick"—it's about getting financially free steadily.

How I Make $8,100 Weekly from In-The-Money Covered Calls on Palantir (PLTR)

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