June 9th, 2023 Options Expiration Results

The Covered Calls Advisor Portfolio had three Covered Calls positions with June 9th, 2023 weekly options expirations.  Fortunately, all three positions closed at options expiration yesterday with the stock prices in-the-money, so the Calls expired and the Covered Calls were closed out and the three stocks were sold at their respective strike prices with the following results:

1. Bank of America Corporation (BAC) -- +1.9% absolute return (equivalent to +40.5% annualized return-on-investment) for the 17 days of this investment.  The original blog post when this position was established is here. 

2. General Motors Company (GM) -- +1.5% absolute return (equivalent to +32.2% annualized return-on-investment) for the 17 days of this investment.  The original blog post when this position was established is here.

3. United Rentals Inc. (URI) -- +2.0% absolute return (equivalent to +42.6% annualized return-on-investment) for the 17 days of this investment.  The original blog post when this position was established is here.

As always, 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