Right now It’s 1am Sunday night\/Monday morning. You might not believe this but I’m sitting, relaxing in my house the first time since Thursday. I’m winding down before I go to bed after a crazy busy weekend.<\/p>\n
Thursday was my birthday, but my wife and I also are godparents to a beautiful baby girl who turned 1 year old on my birthday. The parents of our godchild asked if they could have a first birthday party in our backyard. Since I love throwing parties we said yes. The problem was, since it’s still spring, my beautiful yard need a ton of work to get it in shape to entertain 50 people. I won’t get too much into it but I’ve been power washing alone for 5 days.<\/p>\n
The party was today. It was a beautiful, 90\u00b0 day and it went longer than I thought. After a bit of a clean up I just sat down after a crazy week.<\/p>\n
I really don’t want to write now but I had a real nice week, with a lot of assignments, so I have a lot of money to invest tomorrow. I figure if I don’t get it done now I might not get it done tomorrow. I’m so tired I might not even be making sense lol.<\/p>\n
Not only was I assigned on some of my larger trades but also a few Grasshopper Trades. Let’s take a look at this week’s trades.<\/p>\n
<\/p>\n
SLV<\/strong><\/p>\n SLV has been a thorn in my side. It’s down from my buy-in price but I keep bringing in small premiums.<\/p>\n 4\/21\/21 \u2013 Sell to Open 1 SLV 5\/21\/21 $26.00 C @ 25\u00a2 (+$25)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 1 SLV 5\/21\/21 $26.00 C <\/strong><\/p>\n Palentir<\/strong><\/p>\n I bought these shares to do an At-the-Money Covered Call. I was assigned. I made nothing on the stock assignment but kept a $120 premium which was a 3% return. Great Grasshopper Trade!<\/p>\n 5\/12\/21 \u2013 Buy 200 Shares PLTR @ $19.50<\/strong><\/p>\n 5\/21\/21 \u2013 Assigned 200 Shares PLTR @ $19.50 <\/strong><\/p>\n 5\/14\/21 \u2013 Sell to Open 2 PLTR 5\/21\/21 $19.50 C @ 60\u00a2 (+$120)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 2 PLTR 5\/21\/21 $19.50 C <\/strong><\/p>\n Harley Davidson<\/strong><\/p>\n This was an In-the-Money Covered Call. I did not get assigned so I keep the bigger premium. Hopefully I get another sold this week. This premium was 2.4%<\/p>\n 5\/17\/21 \u2013 Sell to Open 2 HOG 5\/21\/21 $51.00 C @ $1.25 (+$250)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 2 HOG 5\/21\/21 $51.00 C <\/strong><\/p>\n Palentir<\/strong><\/p>\n This was another At-the-Money Covered Call with PLTR. Same result as the PLTR above. Made nothing on the stock but keep the nice premium.<\/p>\n 5\/17\/21 \u2013 Buy 200 Shares PLTR @ $20.00<\/strong><\/p>\n 5\/21\/21 \u2013 Assigned 200 Shares PLTR @ $20.00 <\/strong><\/p>\n 5\/17\/21 \u2013 Sell to Open 2 PLTR 5\/21\/21 $20.00 C @ 60\u00a2 (+$120)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 2 PLTR 5\/21\/21 $20.00 C <\/strong><\/p>\n Nikola<\/strong><\/p>\n This was a 3 day trade without assignment.<\/p>\n 5\/18\/21 \u2013 Sell to Open 1 NKLA 5\/21\/21 $15.50 C @ 25\u00a2 (+$25)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 1 NKLA 5\/21\/21 $15.50 C <\/strong><\/p>\n Macy’s<\/strong><\/p>\n This was anIn-the-Money Covered Call with assignment. I received a 3.6% premium which was $130 buy I gave back 15\u00a2 on the stock sale. On the 200 shares that’s $30. Total profit was $100.<\/p>\n 5\/19\/21 \u2013 Buy 200 Shares M @ $18.15<\/strong><\/p>\n 5\/21\/21 \u2013 Assigned 200 Shares M @ $18.00 \u00a0<\/strong><\/p>\n 5\/19\/21 \u2013 Sell to Open 2 M 5\/21\/21 $18.00 C @ 65\u00a2 (+$130)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 2 M 5\/21\/21 $18.00 C \u00a0<\/strong><\/p>\n Draftkings<\/strong><\/p>\n Another In-the-Money Covered Call with assignment.<\/p>\n 5\/20\/21 \u2013 Buy 100 Shares DKNG @ $44.23<\/strong><\/p>\n 5\/21\/21 \u2013 Assigned 100 Shares DKNG @ $44.00 C\u00a0<\/strong><\/p>\n 5\/20\/21 \u2013 Sell to Open 1 DKNG 5\/21\/21 $44.00 C @ 90\u00a2 (+$90)<\/strong><\/p>\n 5\/21\/21 \u2013 Expired 1 DKNG 5\/21\/21 $44.0 C <\/strong><\/p>\n This was a very nice week for Grasshopper Trades. Plus it was a great week for my larger trades. My total gains for the week was $12,957. I had a bunch of good trades with assignments. Take a look at all the trades on the Active Trades<\/a> <\/span>page or the Trade History 2021<\/a><\/span> page and let me know if you have any questions.<\/p>\n No I have to get to bed and get ready for the Monday morning market. Right now the futures are looking at a higher opening. But we have a few hours to go!<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Right now It’s 1am Sunday night\/Monday morning. You might not believe this but I’m sitting, relaxing in my house the first time since Thursday. I’m winding down before I go to bed after a crazy busy weekend. Thursday was my birthday, but my wife and I also are godparents to a beautiful baby girl who […]<\/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-11465","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-2YV","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11465","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=11465"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11465\/revisions"}],"predecessor-version":[{"id":11469,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/11465\/revisions\/11469"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\u00a0Profit +$25<\/strong><\/span><\/h4>\n
\nProfit +$0<\/strong><\/span><\/h4>\n
Profit +$120<\/strong><\/span><\/h4>\n
\nProfit +$250<\/strong><\/span><\/h4>\n
\nProfit +0\u00a0<\/strong><\/span><\/h4>\n
\u00a0 Profit +$120<\/strong><\/span><\/h4>\n
\n\u00a0Profit +$25<\/strong><\/span><\/h4>\n
\nLose -$30<\/strong><\/span><\/h4>\n
\u00a0Profit \u00a0+$130<\/strong><\/span><\/h4>\n
\nLoss -23<\/strong><\/span><\/h4>\n
\u00a0Profit +$90<\/strong><\/span><\/h4>\n
\nTotal Weekly Gain +$707<\/strong><\/h2>\n
\n