- Two Covered Calls positions expired in-the-money on the July monthly options expiration date (i.e. July 16th, 2021, so the options expired and the stocks were sold at the strike prices with the following results:
- Discovery Inc. (DISCA) -- +2.1% absolute return in 26 days (equivalent to +29.9% annualized return-on-investment).
- Hologic Inc. (HOLX) -- +0.1% absolute return in 81 days (equivalent to +0.5% annualized return-on-investment).
- Three Covered Calls positions were closed out early based on decisions by the Covered Calls Advisor with the following results:
- Alibaba Group Holdings Ltd. (BABA) -- -5.4% absolute return in 66 days (equivalent to -30.1% annualized return-on-investment).
- Viacom Inc. (VIAC) -- +3.1% absolute return in 14 days (equivalent to +80.6% annualized return-on-investment).
- Winnebago Industries Inc. (WGO) -- +0.8% absolute return in 13 days (equivalent to +21.9% annualized return-on-investment).
- One Covered Calls position in JPMorgan Chase & Co. (JPM) was closed out by early assignemtn on the day prior to the options expiration date with the following result: +1.0% absolute return in 14 days (equivalent to +25.8% annualized return-on-investment).
- One Covered Calls position in Twilio Inc. (TWLO) expired in-the-money on its weekly options expiration date and with the following result: +5.5% absolute return in 40 days (equivalent to +50.0% annualized return-on-investment).
- Four Covered Call positions (LyondellBasel Industries Inc., Micron Technology Inc., Prudential Financial Inc., and Ralph Lauren Corp.) closed out-of-the-money. These shares now remain in the Covered Calls Advisor Portfolio (shown in the right sidebar of this blog) and decisions will be made soon to either sell these shares or to continue with the Covered Calls positions by selling future Call options against the shares currently held.
During the past year (last 12 months) 118 of 120 positions were closed out at a profit. The average annualized return-on-investment was +39.6% and their average holding period was 21.1 days.
As shown in the right sidebar, there are currently eight open positions in
the Covered Calls Advisor Portfolio. All future transactions and
return-on-investment results for these positions will be posted on
this blog site on the same day the transactions occur. As always, I welcome receiving your emails whenever you have any comments or questions related to this post or anything related to Covered Calls investing.
Best Wishes,
Jeff Partlow
Covered Calls Advisor
partlow@cox.net
