If you already own 100 shares
Income call
For income on PLTR you already hold: sell the Sep 25 $192 call and take $98 now. If PLTR climbs to $192 by Sep 25, your 100 shares are sold at $192, so only do it if you're happy selling there.
If it climbs past $192 your 100 shares are sold at $192 and you keep the $98. That is the trade working, not a loss.
The call order
ActionSell to open
ContractPLTR Sep 25 $192 call
You get$98 (limit about $0.98)
If it climbsYour 100 shares sell at $192
Close earlyBuy back at about $0.69 ($69)
Chance your shares are soldabout 17 in 100
After removing the trend-58% a year