December 5th, 2025 Options Expiration Results

The Covered Calls Advisor Portfolio had five Covered Calls positions with December 5th, 2025 options expiration dates.  Three of the positions (Capital One Financial Corporation, Corning Inc., and Vistra Corporation) closed in-the-money and were therefore assigned with their maximum potential return-on-investment achieved.  The other two positions (Netflix Inc. and NVIDIA Corporation) closed out-of-the-money.  Their Calls expired and their shares now remain in the Covered Calls Advisor Portfolio.  I will decide early next week for these two positions whether to sell the stocks (more likely for the Netflix position) or continue the Covered Calls by selling future Calls (most likely for the NVIDIA position) against the positions.  As always, I will post the details of my transactions for each of these two positions on the same day that they occur.   

The results for the three positions closed out yesterday are as follows:

1. Capital One Financial Corporation (COF) -- +3.1% absolute return (equivalent to +50.7% annualized return-on-investment) for the 22 days of this investment.  This Covered Calls position closed in-the-money yesterday at $230.68 per share which was well above its $212.50 strike price, so the maximum potential annualized profit was achieved for this position.  The recent post detailing this position is here. 

2. Corning Inc. (GLW) -- +1.6% absolute return (equivalent to +24.8% annualized return-on-investment) for the 24 days of this investment.  This Covered Calls position closed in-the-money yesterday at $85.97 per share which was above its $83.00 strike price, so the maximum potential annualized profit was achieved for this position.  The recent post detailing this position is here. 

3. Vistra Corporation (VST) -- +2.5% absolute return (equivalent to +65.0% annualized return-on-investment) for the 14 days of this investment.  This Covered Call position closed in-the-money yesterday at $167.17 per share which was above its $160.00 strike price, so the maximum potential annualized profit was achieved for this position.  The post detailing this position is here. 

As always, I welcome your feedback at my email address shown below on any topics related to the Covered Calls investing strategy.  Also email me if you would like my feedback on a specific Covered Call position you are contemplating.

Jeff Partlow
The Covered Calls Advisor
partlow@cox.net