Making $9,000 with Palantir (PLTR): A Smart Initial Trade Using LEAPS and Covered Calls

cash flow machine method cashflow cashflow machine covered calls covered calls for income deep in-the-money leaps generate passive income how to trade palantir income from options income trading techniques investing leaps and covered calls leaps strategy leverage with leaps low-risk options trading mark yegge mark yegge options options income strategy options selling system options trading education options trading strategy palantir stock trade passive income pltr options strategy retirement income sell weekly call options smart investing with leaps stock market income trade options like mark yegge trading palantir with leaps weekly cash flow trading

Palantir PLTR Holds The SECRET To $19K Income!

In today’s unpredictable and often red market, smart investors aren’t just buying stocks and crossing their fingers. They’re applying strategies that produce weekly income, reduce risk, and offer leverage. One of those strategies was recently demonstrated by Mark Yegge, who executed a $9,000 income trade on Palantir Technologies (PLTR) using LEAPS combined with covered calls.

Let’s explore how this well-structured trade worked and how you can adopt similar strategies to create safe, steady income — even in volatile markets.

Why Palantir? Why Now?

Mark had previously warned viewers to avoid Palantir because the stock was extended and trading in a toppy pattern. However, technical signals have shifted. Palantir recently:

Broke above its 50-day moving average
Gapped up, suggesting strength
Began forming an island reversal pattern, a potential sign of a bullish reversal

Even though the broader market is still red — and roughly 70% of a stock’s direction follows the market — PLTR is showing signs of early breakout behavior. This makes it a compelling candidate for a “probing” trade, one where you test the waters and build your position as the stock proves itself.

The Trade Setup: LEAPS + In-The-Money Covered Calls

Mark didn’t buy shares of Palantir outright. Instead, he used a LEAPS (Long-Term Equity Anticipation Security) strategy, offering the benefit of leverage with lower capital at risk.

Step 1: Buy Deep In-The-Money LEAPS

Strike: $55
Expiry: October
Delta: ~90 (meaning it moves closely with the stock)
Cost per contract: $45.44
Extrinsic (juice): $4.60

This mimics stock ownership without tying up $95,000 — which would be required to buy 1,000 shares directly.

Step 2: Sell Weekly Covered Calls

Strike sold: $91 (April 25 expiry)
Contracts sold: 30
Premium received: ~$3 per contract
Total income (juice): $9,000 for the week

The beauty here? This income not only offsets the cost of the LEAPS but also gives the position a $7.20 cushion (between intrinsic value and premium received) before hitting breakeven.

Life-Improving Lessons From This Strategy

Here are some of the key takeaways that can elevate your approach to investing:

Don’t Just Buy Stocks — Lease Them with LEAPS

Why tie up tens of thousands of dollars when you can control the same asset with less capital and defined risk?

Focus on Weekly Income, Not Prediction

Trying to guess where a stock is headed is hard. Mark flips the game: instead of trying to buy low and sell high, he earns weekly cash flow — no matter the market direction.

Use the Power of Extrinsic Value ("Juice")

Mark’s entire system revolves around collecting premium (juice). This offsets risk, generates income, and creates consistency.

Risk Management Is Built In

With a breakeven nearly $7.20 below the current price, this trade allows for movement — even decline — without panic.

Roll Instead of Getting Called Away

By rolling the call options weekly, Mark avoids getting assigned and keeps the income flowing. No need to worry about losing your shares.

Frequently Asked Questions (FAQs)

Q: Why use LEAPS instead of buying shares?
A: LEAPS provide leverage, lower upfront cost, and allow flexibility with lower risk than buying 100% stock.

Q: Won’t I get assigned on the call options?
A: Rarely. Mark rolls his options before expiration each week, avoiding assignment while continuing to collect premium.

Q: What if the market crashes?
A: With deep in-the-money positions and weekly juice collected, Mark’s trades are buffered and can even be adjusted or closed if market conditions shift.

Q: Can a beginner implement this strategy?
A: Yes — but it requires education and discipline. It’s not about wild speculation; it’s about controlled, systematized income generation.

Ready to Take Control of Your Investment Income?

If you’re tired of watching your stocks bounce up and down and want to build a reliable, weekly paycheck from the market, it’s time to learn more about Mark Yegge’s Cash Flow Machine™ system.

Visit cashflowmachine.io to:

Access free masterclasses and videos
Download tools and trade examples
Learn the rules-based approach to weekly income

Or join the free Insider Tips Newsletter for weekly ideas, updates, and strategy guides.

Get started today

Final Thoughts: Juice Over Hype

Mark Yegge’s $9,000 Palantir trade isn’t a lucky break — it’s a strategic application of a proven system that generates consistent income. By focusing on LEAPS, deep in-the-money covered calls, and extrinsic value, he turns volatility into opportunity.

Even if you’re not ready to jump in with both feet, this approach is worth studying. It’s not about getting rich overnight — it’s about creating repeatable wealth through steady, systemized trading.

Making $9,000 with Palantir (PLTR): A Smart Initial Trade Using LEAPS and Covered Calls

Insider Tips Newsletter

Join Our Free Trial