1. Citigroup Inc. (C) -- +1.3% absolute return (equivalent to +43.9% annualized return-on-investment) for the 11 days of this investment. This Covered Call position was assigned at the $60.00 strike price on its 5/10/2024 options expiration date since the stock closed in-the-money at $63.35 per share. The most recent post detailing the history of this Covered Calls position is here.
2. iShares 20+ Year Treasury Bond ETF (TLT) -- +1.2% absolute return (equivalent to +30.0% annualized return-on-investment) for the 15 days of this investment. This Covered Calls position was assigned at the $87.00 strike price on its May 10th options expiration date since it closed in-the-money yesterday at $90.06 per share. The most recent post detailing the history of this Covered Calls position is here.
3. APA Corporation (APA) -- This Covered Calls position closed yesterday at $30.37 which was below its $34.00 strike price, so the four 5/10/2024 APA Corp. Call options expired and 400 shares now remain in the Covered Calls Advisor Portfolio. The most recent post detailing this position is here. Early this week I will decide to either continue this Covered Calls position by selling 4 Call options against the 400 APA shares currently held or close out the position by selling the 400 APA shares.
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
