2019 was a very good year for the Covered Calls Advisor Portfolio. There were a total of fifty-four positions this year with fifty-three closed profitably and only one closed out at a loss.
The weighted average annualized return-on-investment for the fifty-four positions was +40.4%, a very strong result given that the benchmark S&P 500 index was +28.9% during the same 2019 calendar year.
A cautionary note:
As described in this prior post Exploiting Our Covered Calls Investing "Edges" from several years ago, "...a disciplined covered calls investor that is cognizant of the six
"edges" described above, and works to take advantage of them might
expect (on average over the years), to outperform a buy-and-hold
benchmark by about 3% to 5% per year."
So, the outperformance achieved by the Covered Calls Advisor Portfolio in 2019 was exceptional and should not be viewed as the norm.
Best Wishes and Godspeed to All for a Happy and Prosperous 2020,
Jeff
