Exercised an option just to have it reversed.

u/BigLexaproEnergy · Reddit — r/wallstreetbets · March 26, 2026 at 20:07 · ⬆ 30 pts · 💬 32 comments  | View on Reddit ↗
AI Summary

Summary

  • The author attempted to exercise an in-the-money Palantir (PLTR) call option that was below its break-even price, intending to take ownership of the shares at a loss to then sell covered calls (CCs) for income while waiting for a rebound.
  • The post primarily describes a brokerage glitch where the exercise was temporarily reflected and then reversed, not a market thesis.
  • Quality assessment: This is noise. It is a personal anecdote about a trading platform issue with no fundamental or technical analysis provided.
Score 30
Comments 32
Upvote % 89%
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