I made 2 Grasshopper Project Covered Call trades with previously owned stock.<\/p>\n
The Grasshopper Project \u2013 ITM Covered Call<\/strong><\/span><\/p>\n Mara Holding (MARA)<\/strong><\/p>\n I sold a $19.50 Put on MARA and the stock pulled back with Bitcoin. Today it’s a little under $16. Now that I’m in an undesirable position I have to manage it. Last week I received a 53\u00a2 premium but this week I had to go out to Aug 22nd to get 20\u00a2. This happens! The key is to continue to bring in premiums or dump the position at a loss.<\/p>\n Sell to Open<\/strong> 1 MARA 8\/22\/25 $19.00 C @ 20\u00a2 (+$20)<\/p>\n <\/p>\n The Grasshopper Project \u2013 ITM Covered Call<\/strong><\/span><\/p>\n Sofi Technologies (SOFI)<\/strong><\/p>\n On July 21st I bought 100 shares of SOFI at $21.65 and I will sell Calls until I’m assigned. Today I sold an In-the-Money Call for a premium of 50\u00a2. If I get assigned I’ll lose 15\u00a2 on the ITM Covered Call for a profit of 35\u00a2. This is a perfect Grasshopper trade. The $35 premium is a ROI of 1.6% for the 1 week trade.<\/p>\n Sell to Open<\/strong> 1 SOFI 8\/8\/25 $21.50 C @ 50\u00a2 (+$50)<\/p>\n The Grasshopper Project is fully invested for this week.<\/p>\n <\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" I made 2 Grasshopper Project Covered Call trades with previously owned stock. The Grasshopper Project \u2013 ITM Covered Call Mara Holding (MARA) I sold a $19.50 Put on MARA and the stock pulled back with Bitcoin. Today it’s a little under $16. Now that I’m in an undesirable position I have to manage it. Last […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-15796","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-46M","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/15796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"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=15796"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/15796\/revisions"}],"predecessor-version":[{"id":15797,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/15796\/revisions\/15797"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}