So far in 2018, thirty-eight of forty-three (88.4%) positions have been closed at a profit. This far exceeds the Covered Calls Advisor's overall long-term goal of having at least two-thirds (67%) of positions closed out at a profit. None of the remaining five positions [Alibaba Group Holding Ltd. (two positions), Alphabet Inc., Lam Research Inc., and U.S. Steel Corp.] have yet to be closed out, but instead are currently held as open long stock positions in the Covered Calls Advisor Portfolio. For the thirty-eight positions closed out so far in 2018, the average annualized return-on-investment is +28.8%.
Monday, October 22, 2018
October 19th, 2018 Options Expiration Results
The Covered Calls Advisor Portfolio had only one position (Alibaba Group Holding Ltd.) with an October 19th, 2018 options expiration. This Covered Calls position closed with the stock price of $142.93 below the $145.00 strike price, so the two Call options expired and the 200 shares remain in the Covered Calls Advisor Portfolio. Soon, two Call options will be sold against the long stock position to re-establish another Covered Calls position at the November 16th, 2018 options expiration date. As always, all transactions will be posted on this blog on the same day they occur.
So far in 2018, thirty-eight of forty-three (88.4%) positions have been closed at a profit. This far exceeds the Covered Calls Advisor's overall long-term goal of having at least two-thirds (67%) of positions closed out at a profit. None of the remaining five positions [Alibaba Group Holding Ltd. (two positions), Alphabet Inc., Lam Research Inc., and U.S. Steel Corp.] have yet to be closed out, but instead are currently held as open long stock positions in the Covered Calls Advisor Portfolio. For the thirty-eight positions closed out so far in 2018, the average annualized return-on-investment is +28.8%.
So far in 2018, thirty-eight of forty-three (88.4%) positions have been closed at a profit. This far exceeds the Covered Calls Advisor's overall long-term goal of having at least two-thirds (67%) of positions closed out at a profit. None of the remaining five positions [Alibaba Group Holding Ltd. (two positions), Alphabet Inc., Lam Research Inc., and U.S. Steel Corp.] have yet to be closed out, but instead are currently held as open long stock positions in the Covered Calls Advisor Portfolio. For the thirty-eight positions closed out so far in 2018, the average annualized return-on-investment is +28.8%.
