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Saturday, November 5, 2022

November 4th, 2022 Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with November 4th, 2022 weekly options expirations with the following results:

1. Medtronic PLC (MDT) -- +1.5% absolute return (equivalent to +11.5% annualized return-on-investment) for the 46 days of this investment. The prior post detailing the history of this Medtronic position is here

2. Mosaic Company (MOS) -- +1.5% absolute return (equivalent to +35.9% annualized return-on-investment) for the 15 days of this investment. The post when this Mosaic Covered Calls position was originally established is here.  

The cash now available from the assignment (i.e. closing) of these positions will be retained until new Covered Calls and/or 100% Cash-Secured Puts positions are established.  Given the Covered Calls Advisor's currently cautious Overall Market outlook, new positions will be hedged by continuing to establish Covered Calls at moderately in-the-money strike prices with good downside protection. 

I welcome your feedback on any topics related to the Covered Calls investing strategy.  My email address is shown below.

Best Wishes and Godspeed,

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net