November 21st, 2025 Options Expiration Results

The Covered Calls Advisor Portfolio had four Covered Calls positions with November 21st, 2025 options expiration dates.  Only one of the positions (Charles Schwab Corporation) closed in-the-money and was therefore assigned while three positions (Capital One Financial, Corning, and Microsoft) closed out-of-the-money.  Their Calls expired and the shares now remain in the Covered Calls Advisor Portfolio.  I will decide early next week for each position whether to sell the stocks at a net loss or continue the Covered Calls by selling future Calls against the positions.  

The detailed results for the one position closed out yesterday (Schwab) is as follows:

Charles Schwab Corporation (SCHW) -- +1.2% absolute return (equivalent to +27.2% annualized return-on-investment) for the 16 days of this investment.  This Covered Calls position closed in-the-money yesterday at $90.51 per share which was above its $90.00 strike price, so the maximum potential annualized profit was achieved for this position.  The original post detailing this position is here. 

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

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net