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Friday, April 7, 2023

April 6th, 2023 Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with April 6th, 2023 weekly options expirations.  Both positions closed at options expiration with the stock prices in-the-money, so the Calls expired and the Covered Calls were closed out and both stocks were sold at their respective strike prices with the following results:

1. Uber Technologies Inc. (UBER) -- +1.9% absolute return (equivalent to +44.4% annualized return-on-investment) for the 16 days of this investment.  The original blog post when this position was established is here

2. Valero Energy Corporation (VLO) -- +1.7% absolute return (equivalent to +43.8% annualized return-on-investment) for the 14 days of this investment.  The original blog post when this position was established is here.

I welcome your feedback on any topics related to the Covered Calls investing strategy.  My email address is partlow@cox.net.

Best Wishes and Godspeed,

Jeff Partlow
The Covered Calls Advisor