Continuation of Covered Calls Positions in Halozyme Therapeutics Inc. and SolarEdge Technologies Inc.

Last Friday, the September 15th, 2023 Covered Calls positions in Halozyme Therapeutics Inc. (ticker HALO) and SolarEdge Technologies Inc. (ticker SEDG) closed out-of-the-money.  So the Calls expired and shares remained in the Covered Calls Advisor Portfolio.  This morning, I decided to continue both of these Covered Calls positions by selling Call options to roll out to future options expiration dates.  The transactions-to-date for these positions as well as potential return-on-investment results if the positions are assigned on their October 20th, 2023 options expiration date are detailed below.

1. Halozyme Therapeutics Inc. (HALO) -- Continuation of Covered Calls Position

The net debit buy/write limit order was executed as follows:

8/25/2023 Bought 400 shares of Halozyme Therapeutics stock @ $42.62 per share.  
8/25/2023 Sold 4 HALO September 15th, 2023 $40.00 Call options @ $3.36 per share.
Note: the Implied Volatility of the Calls was 38.8 when this position was established. 

9/15/2023 Continued this Halozyme Covered Calls position by selling 4 HALO October 20th, 2023 Call options at the $40.00 strike price for $2.00 per share.  The Halozyme share price was $40.22 when these Calls were sold and their Implied Volatility was 37.6.

A possible overall performance result (including commissions) if this position is assigned on its 10/20/2023 options expiration date is follows:
Halozyme Covered Calls Net Investment: $15,706.68
= ($42.62 - $3.36) * 400 shares + $2.68 commission

Net Profit Components:
(a) Options Income: +$2,138.64
= ($3.36 + $2.00) * 400 shares - $5.36 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If Halozyme stock is above the $40.00 strike price at the October 20th expiration): -$1,048.00
= ($40.00 - $42.62) * 400 shares

Potential Total Net Profit (If assigned at expiration): +$1,090.64
= (+$2,138.64 options income + $0.00 dividend income - $1,048.00 capital appreciation)

Potential Absolute Return-on-Investment: +6.9%
= +$1,090.64/$15,706.68
Potential Equivalent Annualized-Return-on-Investment: +45.3%
= (+$1,090.64/$15,706.68) * (365/56 days)

2.  SolarEdge Technologies Inc. (SEDG) -- Continuation of Covered Calls Position

The net debit buy/write limit order was executed as follows:
8/22/2023 Bought 200 shares of SolarEdge Technologies stock @ $162.21 per share.  
8/22/2023 Sold 2 SEDG September 15th, 2023 $155.00 Call options @ $12.30 per share.
Note: the Implied Volatility of the Calls was 48.1 when this position was established.  
09/15/2023 Continued this SolarEdge Covered Calls position by selling 2 SEDG Oct. 20th, 2023 Call options at the $145.00 strike price for $5.70 per share.  The SolarEdge share price was $140.73 when these Calls were sold and their Implied Volatility was 45.3.

A possible overall performance result (including commissions) if this position is assigned on its 10/20/2023 options expiration date is follows:
Covered Calls Net Investment: $29,983.34
= ($162.21 - $12.30) * 200 shares + $1.34 commission

Net Profit Components:
(a) Options Income: +$3,597.32
= ($12.30 + $5.70) * 200 shares - $2.68 commission
(b) Dividend Income: +$0.00
(c) Capital Appreciation (If SolarEdge stock is above the $145.00 strike price at the October 20th expiration): -$3,442.00
= ($145.00 - $162.21) * 200 shares

Potential Total Net Profit (If assigned at expiration): +$155.32
= (+$3,597.32 options income + $0.00 dividend income - $3,442.00 capital appreciation)

Potential Absolute Return-on-Investment: +0.5%
= +$155.32/$29,983.34
Potential Equivalent Annualized-Return-on-Investment: +3.2%
= (+$155.32/$29,983.34) * (365/59 days)