Closed the puts, and sold $80 Jan 25 calls on the shares I owned. While I believe CVS will do good for the next couple of years, my ownership experience from 2019 makes to take profits, be opportunistic and nimble. For ex:
| Starting Date | 12-Mar-19 |
|---|---|
| Ending Date | 4/10/2024 |
| Start Value | 54.70 |
| End Value | 73.22 |
| # of years | 5.00 |
| AGGR | 6.01% |
So the stock performance meh, nothing to write about. Now, if you add $10 dividends earned during the period (you pay tax on that, for now let us ignore)
| Starting Date | 12-Mar-19 |
|---|---|
| Ending Date | 4/10/2024 |
| Start Value | 54.70 |
| End Value | 83.35 |
| # of years | 5.00 |
| AGGR | 8.79% |
still it is okay 8.8% CAGR. Now the covered calls and some opportunistic puts I have done pushed this return to 15%+ CAGR. There is always the risk of stock getting called away or runs further than your covered call. Also, you may do a round trip like I did with this stock 