October 9th, 2026 Options Expiration Results

The Covered Calls Advisor Portfolio had two Covered Call positions with October 9th, 2026 options expirations.  One position in NVIDIA Corporation closed with its stock price in-the-money.  So, the Call expired with no remaining time value and the Covered Call was closed out by NVIDIA stock being sold at its strike price.  A second position in Bristol-Myers Squibb Company with a $60.00 strike price closed yesterday out-of-the-money at $59.12, so the Call option expired and 100 shares now remain in the Covered Calls Advisor Portfolio.  The details for each position is as follows:

1. Nvidia Corporation (NVDA) -- +1.4% absolute return-on-investment (equivalent to +34.6% annualized return-on-investment) for the 15 days of this investment.  This NVIDIA Covered Call position had a $215.00 strike price and it closed at $229.28 yesterday.  The original blog post showing the details of this position is here. 

2. Bristol-Myers Squibb Company (BMY) -- This Covered Calls position closed yesterday at $59.12 which was below its $60.00 strike price, so the Call options expired and 200 Bristol-Myers shares remain in the Covered Calls Advisor Portfolio.  Early next week I will either continue this Covered Calls position by selling two Calls against the 200 shares owned or sell the shares to close out the position.  The original blog post detailing this position is here. 

I look forward to receiving your emails with your questions/comments 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