Grasshopper Trades<\/a><\/span>. Look under Week Ending 1\/15\/21.<\/p>\nI just made another trade on each of these stocks for this week’s Grasshopper trades.<\/p>\n
NIO<\/p>\n
Last week I got a premium of $2. This week I only got 50\u00a2. There are 2 reasons why this week’s premium is much lower. #1, the stock dropped back on Friday. It’s bouncing back nicely today. And #2, this is a short week. I could have gone out to next week with the Expiration Date for a better premium, but I figured let me get through this short week with this premium and hopefully the stock continues up and I get a better premium next week.<\/p>\n
With my trading account I sold 10 $66 Calls. With this I went out to next week because in that account I spent more for the stock and I had to go with the $66 Strike Price. The $66 Call for this week was a very low premium.<\/p>\n
Sell to Open 1 NIO 1\/22\/21 $64.00 C @ 50\u00a2 (+$50)<\/strong><\/p>\nThis return is under 1$ but I made nice money last week and hope to get another nice return next week.<\/p>\n
\nWorkhorse<\/strong><\/p>\nWith my 1 contract WKHS Grasshopper trade I went out to 1\/29, next week. I didn’t like the premium for this week and I got a nice one for next week. $1.05 is nice for a $25 stock. This is a return of 4.2% for the 2 week trade.<\/p>\n
Sell to Open 1 WKHS 1\/29\/21 $25.50 C @ $1.05 (+$105)<\/strong><\/p>\n
\nPalantir<\/strong><\/p>\nWith Palantir I sold the 1 contract to expire this week. I received a premium of 95\u00a2. This is a 3.6% return in the 4 days remaining to the week.<\/p>\n
Sell to Open 1 PLTR 1\/22\/21 $27.00 C @ 95\u00a2 (+$95)<\/strong><\/p>\n
\nAll of these trades are Covered Calls on previously owned stock so they all get a Risk Factor 1<\/strong>.<\/p>\nAny questions on these Grasshopper trades send me an email.<\/p>\n
Successful trading,<\/p>\n
Steve<\/p>\n
The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Last week I had Covered Call Grasshopper trades with NIO, Workhorse and Palantir. I was not assigned on any of the trades. I bought 100 shares of NIO at $63.75, 100 shares of WKHS at $25 and 100 shares of PLTR at $25.95. You can take a look at the trades at Grasshopper Trades. Look […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-10066","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2Cm","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10066"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10066\/revisions"}],"predecessor-version":[{"id":10067,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/10066\/revisions\/10067"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}