{"id":15514,"date":"2025-06-30T10:45:50","date_gmt":"2025-06-30T14:45:50","guid":{"rendered":"https:\/\/www.mainstbeatswallst.com\/?page_id=15514"},"modified":"2025-06-30T10:45:50","modified_gmt":"2025-06-30T14:45:50","slug":"grasshopper-project-sofi-trade","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=15514","title":{"rendered":"Grasshopper Project \u2014 SOFI Trade"},"content":{"rendered":"

SoFi Technologies \u2014\u00a0Cash-Secured Put<\/h3>\n

I just made the last trade in The Grasshopper Project. <\/em><\/strong>This is a 1 contract Put involving SOFI Technologies (SOFI).<\/p>\n

Here\u2019s the breakdown of the trade\u2014the selling of a Put option<\/strong>:<\/p>\n

\ud83d\udcc8 Trade Details:<\/strong><\/h4>\n
    \n
  • \n

    Sell to Open:<\/strong> 1 contract of SMCI 7\/3\/25 $18.50 Put @ 50\u00a2<\/p>\n<\/li>\n

  • \n

    Premium Collected:<\/strong> $50<\/p>\n<\/li>\n

  • \n

    Stock Price at Entry:<\/strong> $18.40<\/p>\n<\/li>\n<\/ul>\n

     <\/p>\n

    Trade Rationale:<\/strong><\/h4>\n

    With SOFI on a tear lately, I felt very comfortable selling this Put. I\u2019m fine with the idea of the stock continuing higher past my expiration date.<\/p>\n

    \n

      \n
    • \n

      If SOFI stays above $18.50 through expiration, I\u2019ll simply keep the premium without having to buy the stock.<\/p>\n<\/li>\n

    • \n

      If SOFI drops below $18.50 and I\u2019m assigned, I\u2019ll own 100 shares at $18.50 each, which I\u2019m more than okay with. From there, I\u2019ll shift into my \u201cWheel Strategy\u201d and start selling Calls against those shares.<\/p>\n<\/li>\n<\/ul>\n

      \u2705 Summary:<\/strong><\/h2>\n

      This trade reinforces The Grasshopper Project\u2019s core strategy: steady income, disciplined entries, and controlled risk. Whether I\u2019m assigned or not, I get paid either way.<\/p>\n

      Please let me know if you have any questions or if you have any stocks you would like to to consider for The Grasshopper Project<\/em><\/strong>.<\/p>\n

       <\/p>\n

      \ud83d\udcc8Successful trading,<\/p>\n

      Steve<\/p>\n

      The Options Coach<\/em><\/p>\n

      \n

      \n

       <\/p>\n

      <\/h4>\n

      \n","protected":false},"excerpt":{"rendered":"

      SoFi Technologies \u2014\u00a0Cash-Secured Put I just made the last trade in The Grasshopper Project. This is a 1 contract Put involving SOFI Technologies (SOFI). Here\u2019s the breakdown of the trade\u2014the selling of a Put option: \ud83d\udcc8 Trade Details: Sell to Open: 1 contract of SMCI 7\/3\/25 $18.50 Put @ 50\u00a2 Premium Collected: $50 Stock Price […]<\/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-15514","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-42e","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15514","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=15514"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15514\/revisions"}],"predecessor-version":[{"id":15515,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15514\/revisions\/15515"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}