1. Delta Air Lines Inc. -- +1.2% absolute return (equivalent to +29.4% annualized return-on-investment) for the 15 days of this investment. This Covered Call position was assigned at the $39.50 strike price on its 3/1/2024 options expiration date since Delta's stock closed in-the-money at $42.16 per share. The original post detailing the history of this Covered Calls position is here.
2. KraneShares CSI China Internet ETF (KWEB) -- +6.4% absolute return (equivalent to +41.1% annualized return-on-investment) for the 57 days of this investment. This Covered Calls position was assigned at the $25.50 strike price on its March 1st options expiration date since it closed in-the-money yesterday at $25.99 per share. The most recent post detailing this Covered Calls position is here.
3. Target Corporation -- +1.6% absolute return (equivalent to +40.6% annualized return-on-investment) for the 14 days of this investment. This Covered Call position was assigned at the $142.00 strike price on its 3/1/2024 options expiration date since Target's stock closed in-the-money at $155.29 per share. The original post detailing the history of this Covered Calls position is here.
4. Schlumberger Ltd. (SLB) -- This Covered Calls position closed yesterday at $49.35 which was below its $50.00 strike price, so the three 3/1/2024 SLB Call options expired and 300 SLB 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 three SLB Calls against the 300 shares currently owned. As always, I will post the transactions-to-date for this position when my next transaction is executed.
As always, I welcome your feedback at my email address shown below with your questions or topics related to this blog post specifically or anything related to the Covered Calls investing strategy.
Best Wishes,
Jeff Partlow
The Covered Calls Advisor
partlow@cox.net
