The Covered Calls Advisor Portfolio had a weekly Covered Calls position with a March 25th, 2022 options expiration date. Originally, the Covered Calls position purchased 300 shares in the Kraft Heinz Company (ticker KHC) on February 28th, 2022 at $38.86 per share and simultaneously sold 3 March 25th, 2022 $38.00 Call options @ $1.48 per share. There was an intervening ex-dividend of $.40 share on March 10th which is included in the results shown below. The Calls expired in-the-money (with stock price closing today at $39.29), so the 300 Kraft Heinz shares were assigned (i.e. sold) today at their $38.00 strike price.
The return-on-investment (ROI) result was +2.7% absolute return (equivalent to +38.0% annualized return-on-investment for the 26 days holding period).
As always, I encourage any email questions you might have related to Covered Calls.
Best Wishes and Godspeed,
Jeff Partlow--The Covered Calls Advisor
partlow@cox.net
