March 22nd, 2024 Weekly Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with March 22nd, 2024 weekly options expirations.  Both positions closed on their options expiration date yesterday with their equity prices in-the-money, so the Calls expired with no remaining value and the Covered Calls were closed out with the stocks sold at their respective strike prices.  The original position and associated return-on-investment details for each position is as follows:

1. Merck & Company Inc. (MRK) -- +1.3% absolute return-on-investment (equivalent to +31.0% annualized return-on-investment) for the 15 days of this investment.  This Merck position had a $121.00 strike price and it closed at $123.85 yesterday.  The original position details are here. 

2. Microsoft Corporation (MSFT) -- +1.3% absolute return-on-investment (equivalent to +27.9% annualized return-on-investment) for the 17 days of this investment.  This Microsoft position had a $395.00 strike price and it closed at $428.74 yesterday.  The original position details are here.

As always, I welcome your questions at the email address shown below on any topics related to the Covered Calls investing strategy. 

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net