July 18th, 2025 Monthly Options Expiration Results

The Covered Calls Advisor Portfolio had five Covered Calls positions with July 18th, 2025 monthly options expirations and all five positions closed with their stock prices in-the-money. The Calls expired yesterday with no remaining value and the Covered Calls were closed out by the stocks being sold at their respective strike prices, so the maximum potential return-on-investment profit was achieved for these five positions.  The return-on-investment details for each position is as follows:

1. Amazon.com Inc. (AMZN) -- +1.5% absolute return-on-investment (equivalent to +37.4% annualized return-on-investment) for the 15 days of this investment.  This Amazon Covered Calls position had a $215.00 strike price and it closed at $226.13 yesterday. 

2. Dell Technologies Inc. (DELL) -- +1.4% absolute return-on-investment (equivalent to +27.4% annualized return-on-investment) for the 18 days of this investment.  This Dell position had a $115.00 strike price and it closed at $131.24 yesterday.  

3. iShares Bitcoin ETF (IBIT) -- +1.7% absolute return-on-investment (equivalent to +37.4% annualized return-on-investment) for the 17 days of this investment.  This iShares Bitcoin ETF position had a $58.00 strike price and it closed at $66.68 yesterday.  

4. Halozyme Therapeutics Inc. (HALO) -- +2.2% absolute return-on-investment (equivalent to +31.4% annualized return-on-investment) for the 25 days of this investment.  This Halozyme position had a $50.00 strike price and it closed at $56.45 yesterday.  

5. Merck & Co. Inc. (MRK) -- +1.1% absolute return-on-investment (equivalent to +27.7% annualized return-on-investment) for the 15 days of this investment.  This Merck position had a $79.00 strike price and it closed at $79.96 yesterday.  

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