{"id":4446,"date":"2018-08-13T00:33:57","date_gmt":"2018-08-13T04:33:57","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4446"},"modified":"2018-08-13T00:33:57","modified_gmt":"2018-08-13T04:33:57","slug":"results-week-ending-8-10-18","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4446","title":{"rendered":"Results Week Ending 8\/10\/18"},"content":{"rendered":"

It was a very simple week! I only had 1 Grasshopper<\/a><\/span> trade come to an end. I say Grasshopper trade because it was a Covered Call involving 100 shares of stock and the sale of a 1 contract Call. I was assigned on the Covered Call with a $600 profit on the stock sale and a $200 premium for a total gain of $800.<\/p>\n

I bought 100 shares of RH on 7\/18\/18 for $133 per shares. The total investment was 13,300. This was the 4th week in a row where I sold a 1 contract, $139 Call. Each week I brought in a premium of $200. The 1st week it was a little less because it was a 2 day Call. A $200 premium on a $133 stock is a 1.5% return. All of these Calls were 1 week Calls. So, for the last 4 weeks I received 1.5% return for the 1 week investment. That’s 6% for the 4 week investment. The last week, which ended this past Friday, I was finally assigned and made an additional $600 on the stock sale. If we average out my premiums at $200 a week for 4 weeks, plus $600 on the stock sale, That’s a total profit of $1400 on a $13,300 investment which lasted 4 weeks. That’s a 10.5% return for a 4 week investment. This was the perfect Grasshopper trade. Any one of the readers could have done these trades. A $13,300 investment and 4 weeks later I have $14,700. That’s fantastic! Grasshopper, or no Grasshopper, I’m happy with this result.<\/p>\n

RH Covered Call<\/strong><\/span><\/p>\n

7\/18\/18 \u2013 Buy 100 Shares RH @$133.00<\/p>\n

8\/10\/18 \u2013 Assigned 100 Shares RH @ $139.00<\/p>\n

Profit +$600<\/strong><\/span><\/p>\n

 <\/p>\n

8\/6\/18 \u2013 Sell to Open 1 RH $139.00 8\/10\/18 C @ $2.00 \u00a0(+$200)<\/p>\n

8\/10\/18 \u2013 Expired 1 RH $139.00 8\/10\/18 C<\/p>\n

Profit +$200<\/strong><\/span><\/p>\n

 <\/p>\n

Total Weekly Gain +$800<\/h4>\n

 <\/p>\n

That’s it!!!! That’s all I have for the week. And I’m very happy. I’m happy I made 800 bucks for the week, and I’m happy I was able to show you a great example of a Grasshopper trade. A REAL trade!<\/p>\n

I’m very passionate about this site. And I’m very happy being able to show everyone how to make a very nice profit with a very small investment. I hope to do another one this week.<\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

It was a very simple week! I only had 1 Grasshopper trade come to an end. I say Grasshopper trade because it was a Covered Call involving 100 shares of stock and the sale of a 1 contract Call. I was assigned on the Covered Call with a $600 profit on the stock sale and […]<\/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-4446","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\/p75MP0-19I","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4446","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=4446"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4446\/revisions"}],"predecessor-version":[{"id":4447,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4446\/revisions\/4447"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}