1. Energy Select Sector SPDR ETF -- +2.3% absolute return (equivalent to +38.5% annualized return-on-investment) for the 22 days of this investment. This Covered Calls position was assigned at the $80.00 strike price on its 3/31/2023 options expiration date since XLE stock closed in-the-money at $82.83 per share. The original post detailing this Energy Select Sector SPDR ETF Covered Calls position is here.
2. SPDR S&P 500 ETF (SPY) -- +1.4% absolute return (equivalent to +21.2% annualized return-on-investment) for the 24 days of this investment. This Covered Call position was assigned at the $386.00 strike price on its 3/31/2023 options expiration date since SPY closed in-the-money at $409.39 per share. The original post detailing this S&P 500 Covered Call position is here.
3. The Cigna Group (CI) -- Cigna's stock price has declined sharply, so this Covered Call position closed deeply out-of-the-money. The strike price was $277.50 and the stock closed at $255.53. The one 3/31/2023 Cigna Call expired and 100 shares now remain in the Covered Calls Advisor Portfolio. Early next week a decision will be made to either close out the position by selling the shares at a loss or continuing with this Covered Call position and attempting to repair it back towards breakeven by selling one CI Call against the 100 Cigna shares owned. Whatever decision is made, the transaction history to date will be detailed in a post on this Covered Calls Advisor blog site.
I welcome your feedback, at my email address shown below, on any topics related to the Covered Calls investing strategy.
Best Wishes and Godspeed,
Jeff Partlow
The Covered Calls Advisor
partlow@cox.net
