March 6th, 2026 Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with March 6th, 2026 options expiration dates.  The position in Boeing Company closed in-the-money at $231.11 so the Call option expired and the 100 shares were called away (i.e. sold) at the $225.00 strike price.  The other position in Delta Air Lines Inc. closed out-of-the-money so the Call options expired and the shares remain in the Covered Calls Advisor Portfolio.  A summary of results for each of these positions is as follows:

1. Boeing Company (BA) -- +1.4% absolute return (equivalent to +34.1% annualized return-on-investment) for the 15 days of this investment.  This Covered Call position was assigned at the $225.00 strike price since the stock closed in-the-money at $231.11 per share.  The original blog post detailing this Covered Call position is here. 

2. Delta Air Lines Inc. (DAL) -- This Covered Calls position closed yesterday at $59.01 which was well below its $65.00 strike price, so the four Call options expired and 400 Delta 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 four Call options against the 400 Delta Air Lines shares currently held or close out the position by selling these shares. 

As always, 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