Week Ending 7/3/25
It was another very nice week — with both my trading account and the Grasshopper project, which finished it’s second week. I really hope some of you are taking advantage of the Project. It will be a very good learning tool.
Remember, for this project, I’ll stick to just two simple strategies:
✅ In-the-Money (ITM) Covered Calls
✅ Cash-Secured Puts
Both are designed to generate income with controlled risk — perfect for anyone learning to trade.
Now, let’s take a look at all of this week’s trades:
Weekly Trades Update
Palantir (PLTR)
This trade was a simple Covered Call. The stock never hit the Strike Price so I kept my stock and this Call option expired.
6/27/25 – Sell to Open 2 PLTR 7/3/25 $142.00 C @ $2.25 (+$450)
7/3/25 – Expired
💰 Profit:+$450
Core Scientific
Another Covered Call. I bought 200 shares at $17 and sold the $18 Call. On Friday the stock closed right at $18. Sometimes you get called away, sometimes not — this time I did not get called. I keep my stock and the premium.
6/30/25 – Sell to Open 2 CORZ 7/3/25 $18.00 C @ 58¢ (+$116)
7/3/25 – Expired
💰 Profit:+$116
Palantir (PLTR)
With PLTR at $140, I sold a $142 In-the-Money Put. The stock dropped back, so I was assigned the shares at $142. I like PLTR, so I’m happy owning it — plus I grabbed a nice premium. This week I’ll look to sell two Calls on it.
6/27/25 – Sell to Open 2 PLTR 7/3/25 $142.00 P @ $4.25 (+$850)
7/3/25 – Expired w/assignment
💰 Profit:+$850
First Solar (FSLR)
I felt First Solar was on the move so I sold a Put to grab some premium. It worked nicely for a profit of $250.
7/1/25 – Sell to Open 1 FSLR 7/3/25 $155.00 P @ $2.50 (+$250)
7/3/25 – Expired
💰 Profit:+$250
Nvidia (NVDA)
I sold a $160 Put. The stock closed at $159.34 so I was assigned 100 shares. Another stock I like, so no problem owning it. I keep the nice premium.
I might just hold on to the stock if I feel the stock is going to move up.
7/2/25 – Sell to Open 1 NVDA 7/3/25 $160.00 P @ $2.80 (+$280)
7/3/25 – Expired w/assignment
💰 Profit:+$280
The Grasshopper Project
All trades below are part of the Grasshopper Project. I hope you watch this project closely. My goal is to show how you can grow a small account with low-risk trades. This is the kind of slow-and-steady trading I believe new traders should use to build confidence and consistency.
The project will end on January 31st. If readers enjoy it as a learning tool, I’ll do another one for all of 2026.
The Grasshopper Project – ITM Covered Call
Sofi Technologies (SOFI)
Bought at $15.45, sold the $15 Call. Was assigned. Lost $45 on the stock but kept the $80 premium. Net profit: +$35, a 2.2% ROI.
6/23/25 – Buy 100 Shares SOFI @ $15.45
7/3/25 – Assigned 100 Shares SOFI @ $15.00
Loss -$45
6/23/25 – Sell to Open 1 SOFI 7/3/25 $15.00 C @ 80¢ (+$80)
7/3/25 – Expired
💰 Profit:+$80
(Result of Covered Call +$35)
The Grasshopper Project – Sold Put
Sofi Technologies (SOFI)
Sold a Put at $18.50. The stock closed at $18.57, so I was not assigned.
6/30/25 – Sell to Open 1 SOFI 7/3/25 $18.50 P @ 50¢ (+$50)
7/3/25 – Expired
💰 Profit:+$50
The Grasshopper Project – Sold Put
This was another 1 contract Put with SOFI. This one had a Strike Price of $18. Again, I was not assigned.
Sofi Technologies (SOFI)
6/30/25 – Sell to Open 1 SOFI 7/3/25 $18.00 P @ 35¢ (+$35)
7/3/25 – Expired
💰 Profit:+$35
The Grasshopper Project – ATM Covered Call
This was a Covered Call with HIMS. I bought the stock at $50 and I made a mistake and sold a $50 Call, which is At-the-Money. With the Grasshopper Project I only want to do ITM Covered Call. I’ll be sure to be more careful.
On Friday afternoon I knew I would not be assigned so look what it would cost me to close the position. I was able to get out for .01¢. Which cost me $1.
The reason I did this is I wanted to sell another Call for next Friday and I could not do that while this Call was still open. Once I closed the position I was able to sell another Call. I did sell another Call and got a second premium of $150.
If you do not understand this Buy to Close please send me an email, I will explain further.
Hims & Hers (HIMS)
6/30/25 – Sell to Open 1 HIMS 7/3/25 $50.00 C @ $1.70 (+$170)
7/3/25 – Buy to Closed 1 HIMS 7/3/25 $50.00 C @ .01¢ (-$1.00)
💰 Profit:+$169
The Grasshopper Project Total Weekly Gain +$289
Total Weekly Gain +$2236
I hope everyone enjoyed the July 4th weekend. Back to work tomorrow!
📈Successful trading,
Steve
The Options Coach