The Grasshopper Project – ITM Covered Call
Bought 100 shares of SOFI at $21.65 and sold a 7/25/25 $21.50 ITM Covered Call for a premium of $0.62.
If assigned, I’ll take a $0.15 loss on the stock sale, but keep $0.47 of the premium after subtracting that loss — a 2.1% ROI over just 5 days.
If not assigned, I keep the full $0.62 premium.
Trade Summary:
-
Buy 100 shares SOFI @ $21.65
-
Sell to open 1 SOFI 7/25/25 $21.50 Call @ $0.62 (+$62)
See The Grasshopper Project Results – → Click [Here]
📈Successful trading,
Steve
The Options Coach