{"id":15413,"date":"2025-06-22T00:39:05","date_gmt":"2025-06-22T04:39:05","guid":{"rendered":"https:\/\/www.mainstbeatswallst.com\/?page_id=15413"},"modified":"2025-06-22T22:56:26","modified_gmt":"2025-06-23T02:56:26","slug":"results-week-ending-6-20-25","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=15413","title":{"rendered":"Results Week Ending 6\/20\/25"},"content":{"rendered":"<h2><strong>\ud83d\uddd3 Weekly Trading Recap:<span class=\"Apple-converted-space\">\u00a0<\/span><\/strong><\/h2>\n<p><strong data-start=\"208\" data-end=\"248\">Hello Main Street beats Wall Street!<\/strong><br data-start=\"248\" data-end=\"251\" \/>I had another great week in the markets. As you&#8217;ll see in the trade summary below, several of my trades were part of the &#8220;Wheel Strategy.&#8221; Some of the Covered Calls I sold were assigned, while others were not\u2014which is all part of the process. Overall, the strategy continues to work in my favor, generating solid returns and steady premium income.<\/p>\n<p>This coming week, I\u2019ll be writing a more detailed post about the Wheel Strategy. But in short, here\u2019s how it works: I start by selling a cash-secured Put on a stock I\u2019m comfortable owning. If the Put expires worthless, I simply sell another one the following week. If I\u2019m assigned, I now own the shares and shift to selling Covered Calls against them. If those Calls aren\u2019t assigned, I keep selling them each week. If they are assigned and my shares are called away, I go right back to selling Puts\u2014and the cycle continues. The Wheel Strategy can generate consistent income through premiums, and it&#8217;s a great way to stay active in the market with a defined plan.<\/p>\n<p>When you see something like <strong data-start=\"141\" data-end=\"171\">\u201cWheel Strategy (Call #3)\u201d<\/strong> listed in the trade summary below, that means I\u2019ve already been assigned the shares on my Put, and this is the <strong data-start=\"273\" data-end=\"295\">third Covered Call<\/strong> I\u2019ve sold against them. If I haven\u2019t been assigned yet, you\u2019ll see the Put side of the strategy instead. Keeping track this way helps me\u2014and you\u2014see how deep into the wheel I am on each position.<\/p>\n<p>I also have a few Puts that I was not assigned on that expired worthless.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>\ud83d\udcca Trade Summary<\/strong><\/h2>\n<h4 data-start=\"464\" data-end=\"521\"><strong>\ud83c\udf00 Wheel Strategy (Call #3) \u2013 Assigned Covered Call<\/strong><\/h4>\n<p data-start=\"522\" data-end=\"553\"><strong data-start=\"522\" data-end=\"553\">Super Micro Computer (SMCI)<\/strong><\/p>\n<p data-start=\"555\" data-end=\"701\">From a Put, I was assigned <strong data-start=\"582\" data-end=\"614\">200 shares of SMCI at $41.00<\/strong>. I then sold a <strong data-start=\"630\" data-end=\"667\">Covered Call with a $42.50 strike<\/strong>, and the shares were called away.<\/p>\n<p data-start=\"705\" data-end=\"765\"><strong data-start=\"705\" data-end=\"727\">5\/23\/25 \u2013 Assigned<\/strong> 200 shares SMCI @ $41.00 (from Put)<\/p>\n<p data-start=\"768\" data-end=\"853\"><strong data-start=\"768\" data-end=\"794\">6\/13\/25 \u2013 Sold to Open<\/strong> 2 SMCI 6\/20\/25 $42.50 Calls @ $1.00 \u2192 <span style=\"text-decoration: underline;\"><strong data-start=\"833\" data-end=\"851\">Premium: +$200<\/strong><\/span><\/p>\n<p data-start=\"856\" data-end=\"922\"><strong data-start=\"856\" data-end=\"878\">6\/20\/25 \u2013 Assigned<\/strong> 200 shares @ $42.50 \u2192 <span style=\"text-decoration: underline;\"><strong data-start=\"901\" data-end=\"922\">Stock Gain: +$300<\/strong><\/span><\/p>\n<p data-start=\"856\" data-end=\"922\"><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$500<\/strong><\/p>\n<p data-start=\"924\" data-end=\"1008\">($300 from stock sale + $200 from call premium)<\/p>\n<hr \/>\n<h4><strong>\ud83c\udfc1Assigned Covered Call<\/strong><\/h4>\n<p><strong>RobinHood (HOOD)<\/strong><\/p>\n<p>I bought 200 shares of HOOD and sold a Covered Call. The stock closed above my Strike and I was Called away.<\/p>\n<p><strong>5\/28\/25 \u2013 Buy<\/strong> 200 Shares HOOD @ $65.70<\/p>\n<p><strong>5\/28\/25 \u2013 Sell to Open<\/strong> 2 HOOD 6\/20\/25 $71.00 C @ $2.53 \u2192 <span style=\"text-decoration: underline;\"><strong>Premium:+$506<\/strong><\/span><\/p>\n<p><strong>6\/20\/25 \u2013 Assigned<\/strong> 200 Shares HOOD @ $71.00 \u2192 <span style=\"text-decoration: underline;\"><strong>Stock Gain: +1060<\/strong><\/span><\/p>\n<p><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$1566<\/strong><\/p>\n<p>($1060 from stock sale + $506 from call premium)<\/p>\n<hr \/>\n<h4 data-start=\"464\" data-end=\"521\"><strong>\ud83c\udf00 Wheel Strategy (Call #4) \u2013 Assigned Covered Call<\/strong><\/h4>\n<p data-start=\"522\" data-end=\"553\"><strong data-start=\"522\" data-end=\"553\">Hims &amp; Hers Health (HIMS)<\/strong><\/p>\n<p data-start=\"555\" data-end=\"701\">From a Put, I was assigned <strong data-start=\"582\" data-end=\"614\">200 shares of HIMS at $56.00<\/strong>. I then sold a <strong data-start=\"630\" data-end=\"667\">Covered Call with a $57.00 strike<\/strong>, and the shares were called away. This was the 4th Call I sold on these shares before getting called away.<\/p>\n<p data-start=\"705\" data-end=\"765\"><strong data-start=\"705\" data-end=\"727\">5\/23\/25 \u2013 Assigned<\/strong> 200 shares HIMS @ $56.00 (from Put)<\/p>\n<p data-start=\"705\" data-end=\"765\"><strong>6\/13\/25 \u2013 Sell to Open<\/strong> 2 HIMS 6\/20\/25 $57.00 C @ $2.00 \u2192 <strong><span style=\"text-decoration: underline;\">Premium +$400<\/span><\/strong><\/p>\n<p data-start=\"768\" data-end=\"853\"><strong>6\/20\/25 \u2013 Assigned<\/strong> 200 Shares HIMS @ $57.00 \u2192 <span style=\"text-decoration: underline;\"><strong>Stock Gain +$200<\/strong><\/span><\/p>\n<p data-start=\"856\" data-end=\"922\"><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$600<\/strong><\/p>\n<p data-start=\"924\" data-end=\"1008\">($200 from stock sale + $400 from call premium)<\/p>\n<hr \/>\n<h4 data-start=\"464\" data-end=\"521\"><strong>\ud83c\udf00 Wheel Strategy (Call #2) <\/strong><strong>Covered Call Without Assignment<\/strong><\/h4>\n<p><strong>Applied Digital Corp (APLD)<\/strong><\/p>\n<p><strong>6\/12\/25 \u2013 Sell to Open<\/strong> 4 APLD 6\/20\/25 $13.00 C @ 50\u00a2 \u2192 <span style=\"text-decoration: underline;\"><strong>Premium +$200<\/strong><\/span><\/p>\n<p><strong>6\/20\/25 \u2013 Expired<\/strong><\/p>\n<p><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$200<\/strong><\/p>\n<hr \/>\n<h3><strong>Put Without Assignment<\/strong><\/h3>\n<p><strong>Palantir (PLTR)<\/strong><\/p>\n<p><strong>5\/22\/25 \u2013 Sell to Open<\/strong> 2 PLTR 6\/20\/25 $120.00 P @ $6.00 \u2192<span style=\"text-decoration: underline;\"><strong> Premium +$1200<\/strong><\/span><\/p>\n<p><strong>6\/20\/25 \u2013 Expired\u00a0<\/strong><\/p>\n<p><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$1200<\/strong><\/p>\n<hr \/>\n<h3><strong>Put Without Assignment<\/strong><\/h3>\n<p><strong>RobinHood (HOOD)<\/strong><\/p>\n<p><strong>6\/12\/25 \u2013 Sell to Open<\/strong> 1 HOOD 6\/20\/25 $69.00 P @ 65\u00a2 \u2192 <span style=\"text-decoration: underline;\"><strong>Premium +$195\u00a0<\/strong><\/span><\/p>\n<p><strong>6\/20\/25 \u2013 Expired\u00a0<\/strong><\/p>\n<p><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$195<\/strong><\/p>\n<hr \/>\n<h3><strong>Put With Assignment<\/strong><\/h3>\n<p><strong>Palantir (PLTR)<\/strong><\/p>\n<p>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&#8217;ll watch to see how I think the stock might move this week.<\/p>\n<p><strong>6\/16\/25 \u2013 Sell to Open<\/strong> 2 PLTR 6\/20\/25 $140.00 P @ $2.40 \u2192 <span style=\"text-decoration: underline;\"><strong>Premium +$480<\/strong><\/span><\/p>\n<p><strong>6\/20\/24 \u2013 Expired\u00a0<\/strong><\/p>\n<p><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$480<\/strong><\/p>\n<hr \/>\n<h3><strong>Put Without Assignment<\/strong><\/h3>\n<p><strong>First Solar (FSLR)<\/strong><\/p>\n<p>This week FSLR had a big gap down. It&#8217;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.<\/p>\n<p><strong>6\/17\/25 \u2013 Sell to Open<\/strong> 1 FSLR 6\/20\/25 $135.00 P @ $2.25 \u2192 <span style=\"text-decoration: underline;\"><strong>Premium +$225<\/strong><\/span><\/p>\n<p><strong>6\/20\/25 \u2013 Expired\u00a0<\/strong><\/p>\n<p><b style=\"font-size: 1.45em;\">\u2705 Total <\/b><strong style=\"font-size: 1.45em;\">Profit: +$225<\/strong><\/p>\n<hr \/>\n<h2 style=\"text-align: center;\"><strong>Total Weekly Gain +$ 4966<\/strong><\/h2>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2><strong>\ud83e\udde0 Final Thoughts<\/strong><\/h2>\n<p data-start=\"296\" data-end=\"461\">To all my longtime <em data-start=\"315\" data-end=\"346\">Main Street beats Wall Street<\/em> readers\u2014I hope you\u2019re enjoying the new format! I\u2019m working to step up my game and bring even more value each week.<\/p>\n<p data-start=\"463\" data-end=\"548\">It was a great week of trading, and I\u2019m hopeful that momentum carries into next week.<\/p>\n<p data-start=\"550\" data-end=\"867\">Also, keep an eye out for tomorrow\u2019s post. I\u2019m launching something new called <strong data-start=\"628\" data-end=\"658\">\u201cThe Grasshopper Project.\u201d<\/strong> Each Monday, I\u2019ll place one trade from a $10,000 <em data-start=\"708\" data-end=\"729\">Grasshopper Account<\/em>\u2014designed specifically to teach newer traders how to grow a small account. I think it\u2019s going to help a lot of aspiring traders out there.<\/p>\n<p>&nbsp;<\/p>\n<p>\ud83d\udcc8Successful trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\uddd3 Weekly Trading Recap:\u00a0 Hello Main Street beats Wall Street!I had another great week in the markets. As you&#8217;ll see in the trade summary below, several of my trades were part of the &#8220;Wheel Strategy.&#8221; Some of the Covered Calls I sold were assigned, while others were not\u2014which is all part of the process. Overall, [&hellip;]<\/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-15413","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-40B","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15413","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=15413"}],"version-history":[{"count":3,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15413\/revisions"}],"predecessor-version":[{"id":15420,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15413\/revisions\/15420"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}