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Saturday, October 19, 2024

Monthly Options Expiration Results through October 18th, 2024

Each month after the monthly options expiration date, this summary report provides the results on all positions that have been closed out during the past month (i.e. since the prior month's options expiration date). So, this post covers the period from the day after last month's September 20th, 2024 options expiration through yesterday's October 18th, 2024 monthly options expiration date.  

During this past month, the Covered Calls Advisor Portfolio closed a total of seven positions.  All seven positions closed in-the-money and were assigned at their respective strike prices.  The specific results for each closed position are summarized as follows:

  • Five Covered Calls positions closed in-the-money yesterday on their monthly options expiration date as follows:
    1. U.S. Bancorp -- +2.0% absolute return-on-investment in 24 days (equivalent to a +30.1% annualized return-on-investment).
    2. Medtronic PLC -- +1.9% absolute return-on-investment in 28 days (equivalent to a +24.3% annualized return-on-investment).
    3. Global Payments Inc. -- +1.8% absolute return-on-investment in 24 days (equivalent to a +27.1% annualized return-on-investment).
    4. General Dynamics Inc. -- +1.0% absolute return-on-investment in 10 days (equivalent to a +38.1% annualized return-on-investment).  
    5. Lennar Corporation -- +1.6% absolute return-on-investment in 22 days (equivalent to a +26.4% annualized return-on-investment).
  • Two Covered Calls positions closed in-the-money during the past month on their weekly options expiration date as follows:
    1. Comcast Corporation -- +1.3% absolute return-on-investment in 15 days (equivalent to a +31.3% annualized return-on-investment).
    2. Schlumberger (SLB) -- +1.4% absolute return-on-investment in 45 days (equivalent to a +11.3% annualized return-on-investment).

This Covered Calls Advisor blog is available to anyone interested in learning about implementing a successful Covered Calls investing strategy.  As always, I encourage you to email me at partlow@cox.net any time you would like my feedback on anything related to Covered Calls.

 

Jeff Partlow

Covered Calls Advisor
partlow@cox.net