1. DICK'S Sporting Goods Inc. -- +1.5% absolute return (equivalent to +32.1% annualized return-on-investment) for the 17 days of this investment. This Covered Call position was assigned at the $130.00 strike price on its 8/4/2023 options expiration date since DICK'S stock closed in-the-money at $144.95 per share. The original post detailing the history of this Covered Call position is here.
2. iShares China Large-Cap ETF (FXI) -- +1.9% absolute return (equivalent to +38.5% annualized return-on-investment) for the 18 days of this investment. This Covered Calls position was assigned at the $27.00 strike price on its 8/4/2023 options expiration date since FXI closed in-the-money yesterday at $29.13 per share. The original post detailing this Covered Calls position is here.
3. Delta Air Lines Inc. (DAL) -- Delta's price closed yesterday at $44.59 which was below its $46.00 strike price, so the five 8/4/20233 Delta Air Lines Call options expired and 500 DAL 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 or continuing with this Covered Calls position by selling five DAL Calls against the 500 Delta shares currently owned.
I welcome your feedback, at my email address shown below with any of your questions or topics related to the Covered Calls investing strategy.
Best Wishes,
Jeff Partlow
The Covered Calls Advisor
partlow@cox.net
