It was another very nice week \u2014 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.<\/p>\n
Remember, for this project, I\u2019ll stick to just two simple strategies:<\/strong> Now, let\u2019s take a look at all of this week\u2019s trades:<\/p>\n Palantir (PLTR)<\/strong><\/p>\n This trade was a simple Covered Call. The stock never hit the Strike Price so I kept my stock and this Call option expired.<\/p>\n 6\/27\/25 \u2013 Sell to Open 2 PLTR 7\/3\/25 $142.00 C @ $2.25 (+$450)<\/p>\n 7\/3\/25 \u2013 Expired<\/p>\n 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 \u2014 this time I did not<\/em> get called. I keep my stock and the premium.<\/p>\n 6\/30\/25 \u2013 Sell to Open 2 CORZ 7\/3\/25 $18.00 C @ 58\u00a2 (+$116)<\/p>\n 7\/3\/25 \u2013 Expired<\/p>\n Palantir (PLTR)<\/strong><\/p>\n 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\u2019m happy owning it \u2014 plus I grabbed a nice premium. This week I\u2019ll look to sell two Calls on it.<\/p>\n 6\/27\/25 \u2013 Sell to Open 2 PLTR 7\/3\/25 $142.00 P @ $4.25 (+$850)<\/p>\n 7\/3\/25 \u2013 Expired w\/assignment<\/p>\n First Solar (FSLR)<\/strong><\/p>\n 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.<\/p>\n 7\/1\/25 \u2013 Sell to Open 1 FSLR 7\/3\/25 $155.00 P @ $2.50 (+$250)<\/p>\n 7\/3\/25 \u2013 Expired<\/p>\n Nvidia (NVDA)<\/strong><\/p>\n 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.<\/p>\n I might just hold on to the stock if I feel the stock is going to move up.<\/p>\n 7\/2\/25 \u2013 Sell to Open 1 NVDA 7\/3\/25 $160.00 P @ $2.80 (+$280)<\/p>\n 7\/3\/25 \u2013 Expired w\/assignment<\/p>\n <\/p>\n 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.<\/p>\n The project will end on January 31st. If readers enjoy it as a learning tool, I\u2019ll do another one for all of 2026.<\/p>\n The Grasshopper Project \u2013 ITM Covered Call<\/span><\/p>\n Sofi Technologies (SOFI)<\/strong><\/p>\n Bought at $15.45, sold the $15 Call. Was assigned. Lost $45 on the stock but kept the $80 premium. Net profit: +$35<\/strong>, a 2.2% ROI<\/strong>.<\/p>\n 6\/23\/25 \u2013 Buy 100 Shares SOFI @ $15.45<\/p>\n 7\/3\/25 \u2013 Assigned 100 Shares SOFI @ $15.00<\/p>\n 6\/23\/25 \u2013 Sell to Open 1 SOFI 7\/3\/25 $15.00 C @ 80\u00a2 (+$80)<\/p>\n 7\/3\/25 \u2013 Expired<\/p>\n (Result of Covered Call +$35)<\/strong><\/p>\n The Grasshopper Project \u2013 Sold Put<\/span><\/p>\n Sofi Technologies (SOFI)<\/strong><\/p>\n Sold a Put at $18.50. The stock closed at $18.57, so I was not assigned.<\/p>\n 6\/30\/25 \u2013 Sell to Open 1 SOFI 7\/3\/25 $18.50 P @ 50\u00a2 (+$50)<\/p>\n 7\/3\/25 \u2013 Expired<\/p>\n The Grasshopper Project \u2013 Sold Put<\/span><\/p>\n This was another 1 contract Put with SOFI. This one had a Strike Price of $18. Again, I was not assigned.<\/p>\n Sofi Technologies (SOFI)<\/strong><\/p>\n 6\/30\/25 \u2013 Sell to Open 1 SOFI 7\/3\/25 $18.00 P @ 35\u00a2 (+$35)<\/p>\n 7\/3\/25 \u2013 Expired<\/p>\n The Grasshopper Project \u2013 ATM Covered Call<\/span><\/p>\n 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.<\/p>\n 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\u00a2. Which cost me $1.<\/p>\n 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.<\/p>\n If you do not understand this Buy to Close please send me an email, I will explain further.<\/p>\n Hims & Hers (HIMS)<\/strong><\/p>\n 6\/30\/25 \u2013 Sell to Open 1 HIMS 7\/3\/25 $50.00 C @ $1.70 (+$170)<\/p>\n 7\/3\/25 \u2013 Buy to Closed 1 HIMS 7\/3\/25 $50.00 C @ .01\u00a2 (-$1.00)<\/p>\n I hope everyone enjoyed the July 4th weekend. Back to work tomorrow!<\/p>\n <\/p>\n \ud83d\udcc8Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" It was another very nice week \u2014 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\u2019ll stick to just two simple strategies:\u2705 In-the-Money (ITM) Covered […]<\/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-15549","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-42N","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15549","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=15549"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15549\/revisions"}],"predecessor-version":[{"id":15551,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15549\/revisions\/15551"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u2705 In-the-Money (ITM) Covered Calls<\/strong>
\u2705 Cash-Secured Puts<\/strong>
Both are designed to generate income with controlled risk \u2014 perfect for anyone learning to trade.<\/p>\nWeekly Trades Update<\/strong><\/h3>\n
\ud83d\udcb0 Profit:+$450<\/strong><\/h4>\n
\nCore Scientific<\/strong><\/h4>\n
\ud83d\udcb0 Profit:+$116<\/strong><\/h4>\n
\n\ud83d\udcb0 Profit:+$850<\/strong><\/h4>\n
\n\ud83d\udcb0 Profit:+$250<\/strong><\/h4>\n
\n\ud83d\udcb0 Profit:+$280<\/strong><\/h4>\n
\nThe Grasshopper Project<\/strong><\/h2>\n
Loss -$45<\/span><\/h4>\n
\ud83d\udcb0 Profit:+$80<\/strong><\/h4>\n
\n\ud83d\udcb0 Profit:+$50<\/strong><\/h4>\n
\n\ud83d\udcb0 Profit:+$35<\/strong><\/h4>\n
\n\ud83d\udcb0 Profit:+$169<\/strong><\/h4>\n
\nThe Grasshopper Project Total Weekly Gain +$289<\/strong><\/h4>\n
\n<\/h2>\n
\nTotal Weekly Gain +$2236<\/strong><\/h2>\n
\n