February 21st, 2025 Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Calls positions with February 21st, 2025 weekly options expiration dates.  The position in Baker Hughes Company (BKR) closed in-the-money so the five Calls expired and the shares were called away (i.e. sold) at the $45.00 strike price.  The position in Jefferies Financial Group Inc. (JEF) was trading out-of-the-money near yesterday's market close and I decided to close out (i.e. unwind) the position.  A summary of the results for each of these positions is as follows:

Baker Hughes Company (BKR) -- +1.4% absolute return (equivalent to +36.4% annualized return-on-investment) for the 14 days of this investment.  This Covered Call position was assigned at the $45.00 strike price yesterday on its 2/21/2025 options expiration date since the stock closed in-the-money at $45.62 per share.  The post detailing this Covered Calls position when it was established is here. 

Jefferies Financial Group Inc. (JEF) -- This Covered Calls position was closed out yesterday by selling-to-close 200 shares at $65.47 and simultaneously selling the two 2/21/2025 $72.50 Calls at $.05 per share.  The results from this position were: -8.3% absolute return (equivalent to -144.2% annualized return-on-investment) for the 21 days of this investment.  

I welcome your feedback at my email address shown below with your questions or topics related to the Covered Calls investing strategy.

Best Wishes,

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net