Today was the last day of trading for 2 of my 3 covered call positions. They both closed in-the-money so were nicely profitable trades.
They would have been much better if I had not tried to roll up, then down my options in EEE. That brainstorm cost me about 1/2 of my expected profit in the trade.
My original position in EEE would have returned 16% in 61 days if I had not messed it up. That is close to 96% annualized.
My position in CHINA returned 5.05% in 26 days. I like that kind of return for less than a month.
Since both positions will be called away, on Tuesday I will be researching new opportunities to put the cash to work.