{"id":15560,"date":"2025-07-07T12:26:10","date_gmt":"2025-07-07T16:26:10","guid":{"rendered":"https:\/\/www.mainstbeatswallst.com\/?page_id=15560"},"modified":"2025-07-07T12:37:15","modified_gmt":"2025-07-07T16:37:15","slug":"2-grasshopper-project-trades","status":"publish","type":"page","link":"https:\/\/www.mainstbeatswallst.com\/?page_id=15560","title":{"rendered":"2 Grasshopper Project Trades"},"content":{"rendered":"

Trade 1 – Pinterest (PINS) – \u00a0ITM Covered Call<\/strong><\/h4>\n

Here\u2019s the breakdown of the trade\u2014buying the stock and selling a Call option:<\/strong><\/p>\n

\ud83d\udcc8 Trade Details:<\/strong><\/h4>\n
    \n
  • Buy 100 Shares PINS @ $36<\/li>\n
  • \n

    Sell to Open:<\/strong> 1 contract of PINS 7\/11\/25 $35.50 Call @ 95\u00a2<\/p>\n<\/li>\n

  • \n

    Premium Collected:<\/strong> $95<\/p>\n<\/li>\n

  • \n

    Stock Price at Entry:<\/strong> $36<\/p>\n<\/li>\n<\/ul>\n

     <\/p>\n

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

    The PINS candlestick chart is in an uptrend, and I expect this to continue.<\/p>\n

      \n
    • If the stock stays above $35.50 my stock will be called away. I will lose 50\u00a2 on the stock sale and keep the 95\u00a2 premium. This situation will give me a net profit of 45\u00a2 for $45.<\/li>\n<\/ul>\n
        \n
      • If my stock is not called away I keep the nice premium and sell another Call<\/span><\/li>\n<\/ul>\n

         <\/p>\n

        Trade 2 – Core Scientific (CORZ) – Cash Secured Put<\/strong><\/h4>\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 CORX 7\/11\/25 $15.00 Put @ 42\u00a2<\/p>\n<\/li>\n

        • \n

          Premium Collected:<\/strong> $42<\/p>\n<\/li>\n

        • \n

          Stock Price at Entry:<\/strong> $15.45<\/p>\n<\/li>\n<\/ul>\n

           <\/p>\n

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

          Today, there was an announcement that Core Scientific will be acquired by CoreWeave \u2014 the kind of news that usually supports a stock price. I believe the stock will stay above my strike price, and this Put will expire worthless.<\/p>\n

            \n
          • \n

            If CORZ stays above $15.00 through expiration, I\u2019ll simply keep the premium without having to buy the stock.<\/p>\n<\/li>\n

          • \n

            If CORZ drops below $15.00 and I\u2019m assigned, I\u2019ll own 100 shares at $15.00 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

             <\/p>\n

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

            These trades reinforce The Grasshopper Project\u2019s<\/em> 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","protected":false},"excerpt":{"rendered":"

            Trade 1 – Pinterest (PINS) – \u00a0ITM Covered Call Here\u2019s the breakdown of the trade\u2014buying the stock and selling a Call option: \ud83d\udcc8 Trade Details: Buy 100 Shares PINS @ $36 Sell to Open: 1 contract of PINS 7\/11\/25 $35.50 Call @ 95\u00a2 Premium Collected: $95 Stock Price at Entry: $36   Trade Rationale: The […]<\/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-15560","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-42Y","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15560","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=15560"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15560\/revisions"}],"predecessor-version":[{"id":15564,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/15560\/revisions\/15564"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}