Results Week Ending 6/20/25
🗓 Weekly Trading Recap:
Hello Main Street beats Wall Street!
I had another great week in the markets. As you’ll see in the trade summary below, several of my trades were part of the “Wheel Strategy.” Some of the Covered Calls I sold were assigned, while others were not—which is all part of the process. Overall, the strategy continues to work in my favor, generating solid returns and steady premium income.
This coming week, I’ll be writing a more detailed post about the Wheel Strategy. But in short, here’s how it works: I start by selling a cash-secured Put on a stock I’m comfortable owning. If the Put expires worthless, I simply sell another one the following week. If I’m assigned, I now own the shares and shift to selling Covered Calls against them. If those Calls aren’t assigned, I keep selling them each week. If they are assigned and my shares are called away, I go right back to selling Puts—and the cycle continues. The Wheel Strategy can generate consistent income through premiums, and it’s a great way to stay active in the market with a defined plan.
When you see something like “Wheel Strategy (Call #3)” listed in the trade summary below, that means I’ve already been assigned the shares on my Put, and this is the third Covered Call I’ve sold against them. If I haven’t been assigned yet, you’ll see the Put side of the strategy instead. Keeping track this way helps me—and you—see how deep into the wheel I am on each position.
I also have a few Puts that I was not assigned on that expired worthless.
📊 Trade Summary
🌀 Wheel Strategy (Call #3) – Assigned Covered Call
Super Micro Computer (SMCI)
From a Put, I was assigned 200 shares of SMCI at $41.00. I then sold a Covered Call with a $42.50 strike, and the shares were called away.
5/23/25 – Assigned 200 shares SMCI @ $41.00 (from Put)
6/13/25 – Sold to Open 2 SMCI 6/20/25 $42.50 Calls @ $1.00 → Premium: +$200
6/20/25 – Assigned 200 shares @ $42.50 → Stock Gain: +$300
✅ Total Profit: +$500
($300 from stock sale + $200 from call premium)
🏁Assigned Covered Call
RobinHood (HOOD)
I bought 200 shares of HOOD and sold a Covered Call. The stock closed above my Strike and I was Called away.
5/28/25 – Buy 200 Shares HOOD @ $65.70
5/28/25 – Sell to Open 2 HOOD 6/20/25 $71.00 C @ $2.53 → Premium:+$506
6/20/25 – Assigned 200 Shares HOOD @ $71.00 → Stock Gain: +1060
✅ Total Profit: +$1566
($1060 from stock sale + $506 from call premium)
🌀 Wheel Strategy (Call #4) – Assigned Covered Call
Hims & Hers Health (HIMS)
From a Put, I was assigned 200 shares of HIMS at $56.00. I then sold a Covered Call with a $57.00 strike, and the shares were called away. This was the 4th Call I sold on these shares before getting called away.
5/23/25 – Assigned 200 shares HIMS @ $56.00 (from Put)
6/13/25 – Sell to Open 2 HIMS 6/20/25 $57.00 C @ $2.00 → Premium +$400
6/20/25 – Assigned 200 Shares HIMS @ $57.00 → Stock Gain +$200
✅ Total Profit: +$600
($200 from stock sale + $400 from call premium)
🌀 Wheel Strategy (Call #2) Covered Call Without Assignment
Applied Digital Corp (APLD)
6/12/25 – Sell to Open 4 APLD 6/20/25 $13.00 C @ 50¢ → Premium +$200
6/20/25 – Expired
✅ Total Profit: +$200
Put Without Assignment
Palantir (PLTR)
5/22/25 – Sell to Open 2 PLTR 6/20/25 $120.00 P @ $6.00 → Premium +$1200
6/20/25 – Expired
✅ Total Profit: +$1200
Put Without Assignment
RobinHood (HOOD)
6/12/25 – Sell to Open 1 HOOD 6/20/25 $69.00 P @ 65¢ → Premium +$195
6/20/25 – Expired
✅ Total Profit: +$195
Put With Assignment
Palantir (PLTR)
I was assigned on this Put, I now own 200 shares of PLTR @ $140. On Monday I will decide if I just want to hold the stock or do the Wheel Strategy and sell a Covered Call. I really like Palantir so I’ll watch to see how I think the stock might move this week.
6/16/25 – Sell to Open 2 PLTR 6/20/25 $140.00 P @ $2.40 → Premium +$480
6/20/24 – Expired
✅ Total Profit: +$480
Put Without Assignment
First Solar (FSLR)
This week FSLR had a big gap down. It’s a great stock and I felt it was not going to stay down, or at least go down further, so I sold a Put and I was correct. The stock bounced back enough so I was not assigned.
6/17/25 – Sell to Open 1 FSLR 6/20/25 $135.00 P @ $2.25 → Premium +$225
6/20/25 – Expired
✅ Total Profit: +$225
Total Weekly Gain +$ 4966
🧠 Final Thoughts
To all my longtime Main Street beats Wall Street readers—I hope you’re enjoying the new format! I’m working to step up my game and bring even more value each week.
It was a great week of trading, and I’m hopeful that momentum carries into next week.
Also, keep an eye out for tomorrow’s post. I’m launching something new called “The Grasshopper Project.” Each Monday, I’ll place one trade from a $10,000 Grasshopper Account—designed specifically to teach newer traders how to grow a small account. I think it’s going to help a lot of aspiring traders out there.
📈Successful trading,
Steve
The Options Coach