Covered Call Positions Closed in Akamai Technologies Inc. and AppLovin Corporation

On Friday October 16th, the Covered Call position in Akamai Technologies Inc. (ticker AKAM) closed out-of-the-money at $87.81 which was well below its $105.00 strike price.  Today I decided to close out this position by selling the 100 AKAM shares.  So early in this morning's trading session, I closed out the position at a net loss of $554.67 when I sold the 100 Akamai Technologies shares at $96.00.  

Last Friday on October 23rd, the Covered Call position in AppLovin Corporation (ticker APP) closed out-of-the-money at $260.25 which was below its $262.50 strike price.  Today I closed out this position by selling the 100 AppLovin shares at a net profit of $459.33 when I sold the 100 AppLovin shares at $262.00.  

The transactions history for both Covered Call positions and their associated return-on-investment results are detailed below.

 

1. Akamai Technologies Inc. (AKAM) -- Closed Out this Covered Call Position

The simultaneous buy/write transaction was as follows:
9/28/2026 Bought 100 shares of Akamai Technologies stock @ $110.11 per share.  
9/28/2026 Sold 1 Akamai October 16th, 2026 $105.00 Call option @ $8.57 per share.

10/16/2026 One Akamai $105.00 Call option closed out-of-the-money at $87.81, so the Call expired and 100 AKAM shares remained in the Covered Calls Advisor Portfolio.

10/26/2026 Closed out this Covered Call position by selling the 100 Akamai shares at $96.00 per share. 

The overall performance result (including commissions) was as follows:
Covered Call Cost Basis: $10,154.67
= ($110.11 - $8.57) * 100 shares + $.67 commission

Net Profit Components:
(a) Option Income: +$856.33
= ($8.57 * 100 shares) - $.67
(b) Dividend Income: +$0.00 
(c) Capital Appreciation (Akamai stock sold at $96.00): -$1,411.00
= ($96.00 stock selling price - $110.11 stock purchase price) * 100 shares

Total Net Loss: -$554.67
= (+$856.33 option income + $0.00 dividend income - $1,411.00 capital appreciation)

Absolute Return-on-Investment: -5.5%
= -$554.67/$10,154.67
Equivalent Annualized Return-on-Investment: -71.2%
= (-$554.67/$10,154.67) * (365/28 days)

    

2. AppLovin Corporation (APP) -- Closed Out this Covered Call Position

The simultaneous buy/write transaction was as follows:
10/9/2026 Bought 100 shares of AppLovin stock @ $276.98 per share.  
10/9/2026 Sold 1 AppLovin October 23rd $262.50 Call option @ $19.58 per share.

10/23/2026 One AppLovin $262.50 Call option closed out-of-the-money at $260.25, so the Call expired and 100 AppLovin shares remained in the Covered Calls Advisor Portfolio.

10/26/2026 Closed out this Covered Call position by selling the 100 AppLovin shares at $262.00 per share.

The overall performance result (including commissions) was as follows:
Covered Call Cost Basis: $25,740.67
= ($276.98 - $19.58) * 100 shares + $.67 commission

Net Profit Components:
(a) Option Income: +$1,957.33
= ($19.58 * 100 shares) - $.67
(b) Dividend Income: +$0.00 
(c) Capital Appreciation (AppLovin stock sold at $262.00 per share): -$1,498.00
= ($262.00 stock selling price - $276.98 stock purchase price) * 100 shares

Total Net Profit: +$459.33
= (+$1,957.33 option income + $0.00 dividend income - $1,498.00 capital appreciation)

Absolute Return-on-Investment: +1.8%
= +$459.33/$25,740.67
Equivalent Annualized Return-on-Investment: +38.3%
= (+$459.33/$25,740.67) * (365/17 days)