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Friday, January 4, 2019

Calendar Year 2018 Results

2018 was a very good year for the Covered Calls Advisor Portfolio.  Forty-six of fifty-four total positions held this year (85.2%) were profitable.  This result includes the fourteen currently open positions (shown in the right sidebar of this blog) and their market values as of Dec. 31st, 2018.  This exceeds the Covered Calls Advisor's overall long-term goal of having at least two-thirds (67%) of positions closed out at a profit.   

The average annualized return-on-investment for the fifty-four positions was +23.1%, a very strong result given that the S&P 500 index was -6.24% in 2018.  Note: the average holding period for these 54 positions was 37 days.

For calendar year 2019, detailed records will be tracked so that annualized returns will be weighted based on the holding period for each position.