April 25th, 2025 Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with April 25th, 2025 options expiration dates.  One position in NetApp Inc. closed in-the-money so its two Call options expired and the shares were called away (i.e. sold) at the $84.00 strike price.  The position in Nvidia Corporation closed out-of-the-money (i.e. below the strike price) so the three Calls expired and the shares remain in the Covered Calls Advisor Portfolio.    

A summary of the results for both positions are as follows:

1. NetApp Inc. (NTAP) -- +2.7% absolute return (equivalent to +35.6% annualized return-on-investment) for the 28 days of this investment.  This Covered Call position was assigned at the $84.00 strike price on its April 25th options expiration date since it closed in-the-money yesterday at $88.45 per share.  The most recent post detailing this Covered Calls position is here. 

2. Nvidia Corporation (NVDA) -- This Covered Calls position closed yesterday at $111.01 per share which was below its $115.00 strike price, so the three 4/25/2025 Nvidia Call options expired and 300 shares now remain in the Covered Calls Advisor Portfolio.  The recent post detailing this position is here.  Early next week I will decide to either continue this Covered Calls position by selling 3 Call options against the 300 Nvidia Corp. shares currently held (most likely decision) or close out the position by selling the 300 Nvidia shares.

I welcome your feedback at my email address shown below with your questions on any topic related to the Covered Calls investing strategy.

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net