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Saturday, September 9, 2023

September 8th, 2023 Options Expiration Results

The Covered Calls Advisor Portfolio had one Covered Calls position in Uber Technologies Inc. at the September 8th, 2023 options expiration date and at the $43.00 strike price.  The position closed in-the-money yesterday at $47.24 per share, so the Call options expired and the 500 Uber shares were sold at their $43.00 strike price with the following results:

Uber Technologies Inc. (UBER) -- +1.9% absolute return (equivalent to +41.4% annualized return-on-investment) for the 17 days of this Covered Calls investment.  The original blog post details when this position was established is here

I welcome your questions or feedback at the email address below on any topics related to the Covered Calls investing strategy.  

Best Wishes,

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net