Continuation of Alibaba Group Holdings Ltd. Covered Calls

Last Friday, two Alibaba Group Holdings Ltd. (BABA) Covered Calls at the $240.00 strike price expired out-of-the-money, so the two Call options expired and 200 BABA shares remained in the Covered Calls Advisor Portfolio.  This morning when the BABA stock price was $238.25, the Covered Calls position was continued by selling two BABA April 1st, 2021 $242.50 Call options at $3.35 per share.  The weighted average return-on-investment results will be +17.4% annualized over the 45 days holding period if the BABA stock price is in-the-money on the April 1st, 2021 options expiration date.