July 14th, 2023 Options Expiration Results

The Covered Calls Advisor Portfolio had three Covered Calls positions with July 14th, 2023 weekly options expirations.  Fortunately, all three positions closed on their options expiration date yesterday with their equity prices in-the-money, so the Calls expired with no remaining value and the Covered Calls were closed out with the three equities sold at their respective strike prices.  A summary result for each position is as follows:

1. iShares China Large-Cap ETF (FXI) -- +5.1% absolute return (equivalent to +74.9% annualized return-on-investment) for the 25 days of this investment.  The detailed history of this position is here. 

2. PayPal Holdings Inc. (PYPL) -- +0.8% absolute return (equivalent to +29.6% annualized return-on-investment) for the 10 days of this investment.  The original blog post when this position was established is here.

3. Uber Technologies Inc. (UBER) -- +1.6% absolute return (equivalent to +36.9% annualized return-on-investment) for the 16 days of this investment.  The original blog post when this position was established is here.

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

Jeff Partlow
The Covered Calls Advisor