Early this morning, the Covered Calls Advisor was notified by my broker (Schwab) that the one Capital One Financial Corporation (ticker COF) November 18th, 2022 $97.50 Call option was exercised yesterday. COF's quarterly ex-dividend of $.60 is today (November 10th) and the Call option owner exercised their option and thus bought the 100 Capital One shares at the $97.50 strike price in time to receive today's $.60 per share ex-dividend.
Some key results for this Capital One Financial Covered Call position were:
Capital One Covered Call Net Investment: $9,651.67
Net Profit Achieved: $98.33
Number of Days position was held : 3
Absolute Return-on-Investment: +1.0%
Annualized Return-on-Investment: +124.0%
