November 7th, 2025 Options Expiration Results

The Covered Calls Advisor Portfolio had three Covered Calls positions with November 7th, 2025 options expiration dates.  One position in NVIDIA Corporation closed in-the-money so the Call option expired and the 100 shares were called away (i.e. sold) at its $172.50 strike price.  Two positions (Constellation Brands and Microsoft Corporation) were well out-of-the-money, so the Call options expired and the shares currently remain in my portfolio.  Early next week I will either close out the positions by selling the shares at a loss or continue with the Covered Call positions by selling future Calls against the shares currently held. 

    

A summary of the results for this closed out NVIDIA position are as follows:

NVIDIA Corporation (NVDA) -- +1.8% absolute return (equivalent to +43.6% annualized return-on-investment) for the 15 days of this investment.  This Covered Calls position closed in-the-money yesterday at $188.15 per share which was above its $172.50 strike price, so the maximum potential annualized profit was achieved for this position.  The original post detailing this position is here. 

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

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net