1. JD.com Inc. -- +8.5% absolute return (equivalent to +70.8% annualized return-on-investment) for the 44 days of this investment. This Covered Call position was assigned at the $26.50 strike price on its 5/3/2024 options expiration date since the stock closed in-the-money at $32.87 per share. The most recent post detailing the history of this Covered Calls position is here.
2. Netease Inc. ADR (NTES) -- +0.4% absolute return (equivalent to +2.9% annualized return-on-investment) for the 47 days of this investment. This Covered Calls position was assigned at the $97.00 strike price on its May 3rd options expiration date since it closed in-the-money yesterday at $103.02 per share. The most recent post detailing the history of this Covered Calls position is here.
3. Match Group Inc. (MTCH) -- This Covered Calls position closed yesterday at $32.00 which was below its $33.50 strike price, so the six 5/3/2024 Match Group Call options expired and 600 shares now remain in the Covered Calls Advisor Portfolio. Since I prefer to avoid holding positions during quarterly earnings report and since Match Group's report is after market close this Tuesday, I will sell these 600 shares this Monday which will close out this Covered Calls position. I will also post the final return-on-investment results for this position Monday after this transaction has been completed.
4. Oracle Corporation (ORCL) -- This Covered Calls position closed yesterday at $116.38 which was below its $117.00 strike price, so the two 5/3/2024 Oracle Call options expired and 200 Oracle Corp. shares now remain in the Covered Calls Advisor Portfolio. Early next week a decision will be made to either continue with this Covered Calls position by selling two Call options against the 200 shares currently owned (my most likely decision) or close out the position by selling the 200 shares.
4. Schlumberger Ltd. (SLB) -- This Covered Calls position closed yesterday at $47.77 which was below its $50.00 strike price, so the three 5/3/2024 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 continue with this Covered Calls position by selling three Call options against the 300 shares currently owned (my most likely decision) or close out the position by selling the 300 shares. As always, I will post the transactions-to-date when my next transaction is executed.
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
