February 13th, 2026 Options Expiration Results

The Covered Calls Advisor Portfolio had five Covered Calls positions with February 13th, 2026 options expiration dates.  Three positions (D.R. Horton Inc., Lowe's Companies Inc., and NVIDIA Corporation), closed in-the-money so their Calls expired and the shares were called away (i.e. sold) at their respective strike prices.  Two positions in KraneShares CSI China Internet ETF and Microsoft Corporation closed out-of-the-money so their Call options expired and the shares remain in the Covered Calls Advisor Portfolio.  A summary of results for each of these positions (in alphabetical order) is as follows:

1. D.R. Horton Inc. (AMZN) -- +2.3% absolute return (equivalent to +46.1% annualized return-on-investment) for the 18 days of this investment.  This Covered Calls position was assigned at the $145.00 strike price since the stock closed in-the-money at $167.78 per share.  The original blog post detailing this Covered Calls position is here. 

2. KraneShares CSI China Internet ETF (KWEB) -- This Covered Calls position closed yesterday at $32.79 which was below its $34.50 strike price, so the five Call options expired and 500 KWEB shares now remain in the Covered Calls Advisor Portfolio.  The original blog post detailing this position is here.  Early in this upcoming week I will decide to either continue this Covered Calls position by selling Call options against the 500 KWEB shares currently held or close out the position by selling these shares. 

3. Lowe's Companies Inc. (LOW) -- +   1.2% absolute return (equivalent to +16.3% annualized return-on-investment) for the 28 days of this investment.  This Covered Call position was assigned at the $265.00 strike price since the stock closed in-the-money at $287.39 per share.  The most recent blog post detailing this Covered Call position is here.    

4. Microsoft Corporation (MSFT) -- This Covered Call position closed yesterday at $401.32 which was well below its $425.00 strike price, so the one Call option expired and 100 Microsoft shares now remain in the Covered Calls Advisor Portfolio.  The original blog post detailing this position is here.  Early in this upcoming week I will decide to either continue this Covered Call position by selling a Call option against the 100 Microsoft shares currently held or close out the position by selling these shares. 

5. NVIDIA Corporation (NVDA) -- +2.3% absolute return (equivalent to +57.1% annualized return-on-investment) for the 15 days of this investment.  This Covered Call position was assigned at the $182.50 strike price since the stock closed slightly in-the-money at $182.81 per share.  The most recent blog post detailing this Covered Call position is here.    

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

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net