Closed Out Covered Call Position in Gilead Sciences Inc.

Last Friday, the Covered Call position in Gilead Sciences Inc. (ticker GILD) closed out-of-the-money at $137.21 which was below its $140.00 strike price.  When Gilead's stock price advanced to $139.42 in this morning's trading session, I decided to close out the position by selling the 100 shares.

As detailed below, the return-on-investment results are: +1.2% absolute return (equivalent to +20.5% annualized return-on-investment) for the 22 days of this investment.

Gilead Sciences Inc. (GILD) -- Closed Out this Covered Call Position
The buy/write transaction was:
3/3/2026 Bought 100 Gilead Sciences Inc. shares @ $146.39
3/3/2026 Sold 1 Gilead 3/20/2026 $140.00 Call option @ $7.87 per share.  The Implied Volatility of the Call was 31.6 when this transaction occurred which, as I prefer, is above the current S&P 500 Volatility Index (i.e. VIX) of 24.2.
3/13/2026 Upcoming quarterly ex-dividend of $.82 per share
3/20/2026 One GILD Call option closed out-of-the-money, so the Call option expired and 100 Gilead shares remained in the Covered Calls Advisor Portfolio.
3/25/2026 Closed out this Gilead Sciences Covered Call position by selling the 100 shares at $139.42 per share.

The overall performance results (including commissions) for this Gilead Sciences Covered Call position are as follows:
Covered Call Net Investment: $13,852.67
= ($146.39 - $7.87) * 100 shares + $.67 commission

Net Profit Components:
(a) Option Income: +$786.33
= ($7.87 * 100 shares) - $.67 commission
(b) Dividend Income: +$82.00
= ($.82 dividend per share x 100 shares)
(c) Capital Appreciation (100 Gilead shares sold at $139.42 per share): -$697.00 

= +($139.42 stock selling price - $146.39 original stock purchase price) * 100 shares

Total Net Profit: +$171.33

= (+$786.33 option income +$82.00 dividend income - $697.00 capital appreciation)

Absolute Return-on-Investment: +1.2%

= +$171.33/$13,852.67

Equivalent Annualized Return-on-Investment: +20.5%

= (+$171.33/$13,852.67) * (365/22 days)