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Saturday, August 31, 2024

August 31st, 2024 Weekly Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with August 31st, 2024 weekly options expirations.  Both positions closed on their options expiration date yesterday with their stock prices in-the-money, so the Calls expired with no remaining value and the Covered Calls were closed out with the stocks sold at their respective strike prices.  The original position and associated return-on-investment details for each position is as follows:

1. iShares KraneShares CSI China Internet ETF (KWEB) -- +1.1% absolute return-on-investment (equivalent to +41.0% annualized return-on-investment) for the 10 days of this investment.  This KWEB position had a $25.50 strike price and it closed at $25.69 yesterday.  The blog post showing the details of this position is here

2. Skyworks Solutions Inc. (SWKS) -- +1.3% absolute return-on-investment (equivalent to +44.8% annualized return-on-investment) for the 11 days of this investment.  This Skyworks position had a $104.00 strike price and it closed at $109.59 yesterday.  The original position details are here.

As always, I welcome your questions at the email address shown below on any topics related to the Covered Calls investing strategy. 

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net