As Palantir Stock Jumps, An Income-Generating Trade Aims For A Big Annualized Return

Palantir Technologies (PLTR) is a highly rated stock that broke out to a recent high on Thursday, closing up 4.75% for the day. Income investors who want to generate some option premium on Palantir stock could look at a covered-call trade. A covered-call strategy is one way to slightly reduce the risk on a long stock position while also generating…