For the five remaining long stock positions in the Covered Calls Advisor Portfolio since the January 1st beginning of this new year, Covered Calls positions were continued today by selling Call options against the stock positions held as follows:
1. January 1, 2019 200 Alibaba Group Holdings Ltd. (Position #1) shares market value was $137.07
January 7, 2019 Sold 2 BABA January 18, 2019 $145.00 Call options @ $2.09
Note: Price of BABA stock was $140.48 today when these Call options were sold
2. January 1, 2019 200 Alibaba (Position #2) shares market value was $137.07
January 7, 2019 Sold 2 BABA February 15, 2019 $145.00 Call options @ $6.40
Note: Price of BABA was $140.94 today when these Call options were sold
3. January 1, 2019 300 Blackstone Group L.P. shares market value was $29.81
January 7, 2019 Sold 3 BX February 15, 2019 $33.00 Call options @ $.58
Note: Price of BX shares was $31.06 today when these Call options were sold
4. January 1, 2019 200 Lam Research Corp. shares market value was $136.17
January 7, 2019 Sold 2 LRCX February 15, 2019 $145.00 Call options @ $5.35
Note: Price of LRCX stock was $139.18 today when these Call options were sold
5. January 1, 2019 200 Occidental Petroleum Corp. shares market value was $61.38
January 7, 2019 Sold 2 January 18, 2019 $65.00 Call options @ $.97
Note: Price of OXY was $63.81 today when these Call options were sold
Since calendar year 2018 results included the market value of all 14 current Covered Calls Advisor Portfolio positions (listed in right sidebar of this blog) at the end of December, those same market values are also used as the starting point for the 5 positions listed above for which Covered Call positions were established today. This is done so that 2019 results can be calculated correctly from the January 1st, 2019 beginning of this new year.
Covered Calls positions (with January and February monthlies) are now held for all 14 stocks currently owned in the Covered Calls Advisor Portfolio (see right sidebar for the Current Portfolio).
As always, any changes to the Portfolio will be posted on this blog on the same day the transactions occur.
