1. Lowe's Companies Inc. -- +1.8% absolute return (equivalent to +31.0% annualized return-on-investment) for the 21 days of this investment. This Covered Call position was assigned at the $90.00 strike price on its 11/3/2023 options expiration date since Lowe's stock closed in-the-money at $194.94 per share. The original post detailing the history of this Covered Calls position is here.
2. Uber Technologies Inc. (UBER) -- +2.4% absolute return (equivalent to +61.9% annualized return-on-investment) for the 14 days of this investment. This Covered Calls position was assigned at the $42.00 strike price on its Nov. 3rd options expiration date since Uber closed in-the-money yesterday at $47.75 per share. The most recent post detailing this Covered Calls position is here.
3. iShares China Large-Cap ETF (FXI) -- This Covered Calls position closed yesterday at $26.35 which was below its $27.00 strike price, so the ten 11/3/20233 iShares China Large-Cap ETF Call options expired and 1,000 FXI shares now remain in the Covered Calls Advisor Portfolio. Early next week a decision will be made to either close out the position by selling the shares or continuing with this Covered Calls position by selling ten FXI Calls against the 1,000 shares currently owned. As always, I will post the transactions-to-date for this position when my next transaction is executed.
I welcome your feedback, at my email address shown below with your questions or topics related to this blog post specifically or anything related to the Covered Calls investing strategy.
Best Wishes,
Jeff Partlow
The Covered Calls Advisor
partlow@cox.net
