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Saturday, September 21, 2024

Monthly Options Expiration Results through September 20th, 2024

Each month after the monthly options expiration date, this summary report provides the results on all positions that have been closed out during the past month (i.e. since the prior month's options expiration date). So, this post covers the period from the day after last month's August 16th, 2024 options expiration through yesterday's September 20th, 2024 monthly options expiration date.  

During this past month, the Covered Calls Advisor Portfolio closed a total of five positions.  All five positions closed in-the-money and were assigned at their respective strike prices.

The specific results for each closed position are summarized as follows:

  • Four Covered Calls positions closed in-the-money yesterday on their monthly options expiration date as follows:
  1. Global Payments Inc. -- +1.5% absolute return-on-investment in 23 days (equivalent to a +24.5% annualized return-on-investment).
  2. Merck & Co. Inc. -- +2.1% absolute return-on-investment in 15 days (equivalent to a +32.1% annualized return-on-investment).
  3. Taiwan Semiconductor ADR -- +3.6% absolute return-on-investment in 29 days (equivalent to a +45.0% annualized return-on-investment).
  4. Yum China Holdings Inc. -- +3.3% absolute return-on-investment in 35 days (equivalent to a +34.8% annualized return-on-investment).
  • One Covered Calls position closed in-the-money on its weekly options expiration date as follows:  Nvidia Corporation -- +2.1% absolute return-on-investment in 9 days (equivalent to a +84.5% annualized return-on-investment).

This Covered Calls Advisor blog is available to anyone interested in learning about implementing a successful Covered Calls investing strategy.  As always, I encourage you to email me at partlow@cox.net any time you would like my feedback on your Covered Call position ideas or your questions on anything related to the Covered Calls investing strategy.

 

Jeff Partlow

Covered Calls Advisor
partlow@cox.net