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Saturday, June 29, 2024

June 28th, 2024 Option Expiration Results

The Covered Calls Advisor Portfolio had one Covered Call position in UnitedHealth Group Inc. at the June 28th, 2024 weekly options expiration date and at the $480.00 strike price.  The position closed well in-the-money yesterday at $509.26 per share, so the Call option expired and the 100 UNH shares were sold at their $480.00 strike price with the following results:

UnitedHealth Group Inc. (UNH) -- +1.1% absolute return (equivalent to +25.0% annualized return-on-investment) for the 16 days of this Covered Calls investment.  The original blog post details when this position was established is here

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net