February 20th, 2026 Options Expiration Results

The Covered Calls Advisor Portfolio had four Covered Calls positions with February 20th, 2026 options expirations and all four positions (Las Vegas Sands Corporation, NVIDIA Corporation, Sea Limitied ADR, and Universal Health Services Inc.) closed with their stock prices in-the-money.  So, their Calls expired with no remaining value and the Covered Calls were closed out by the stocks being sold at their respective strike prices on their Feb. 20th options expiration date. The return-on-investment details (in alphabetical order) for each position is as follows:

1. Las Vegas Sands Corporation (LVS) -- +1.6% absolute return-on-investment (equivalent to +58.5% annualized return-on-investment) for the 10 days of this investment.  This Las Vegas Sands Covered Calls position had a $55.00 strike price and it closed at $58.01 yesterday.  The original blog post showing the details of this position is here. 

3. Nvidia Corporation (NVDA) -- +2.8% absolute return-on-investment (equivalent to +63.9% annualized return-on-investment) for the 16 days of this investment.  This NVIDIA position had a $172.50 strike price and it closed at $189.95 yesterday.  The original blog post showing the details of this position is here. 

3. Sea Limited ADR (SE) -- -4.3% absolute return-on-investment (equivalent to -19.4% annualized return-on-investment) for the 81 days of this investment.  This Sea Ltd. position had a $110.00 strike price and it closed at $115.20 yesterday.  The most recent blog post showing the details of this position is here.

4. Universal Health Services Inc. (UHS) -- +2.7% absolute return-on-investment (equivalent to +18.9% annualized return-on-investment) for the 52 days of this investment.  This Universal Health Services position had a $220.00 strike price and it closed at $230.49 yesterday.  The most recent blog post showing the details of this position is here.

I look forward to receiving your emails with your questions/comments 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