Upcoming Ex-Dividend Candidates

Possible ex-dividend candidates in the next few weeks:

New RSI(2) Position -- MCD

Here's hoping the market overreacted to the earnings report. I had a limit order at $118 before the market open. Didn't quite get there. :)

Date	Description	Amount	ROI	aROI	Profit
2016-07-27	Buy MCD @ $119.79	-$119.79
2016-07-27	Sell MCD 8/5 2016 $120 Call @ $0.95	$0.95
2016-08-05	If assigned at expiration	$120.00	0.97%	39.27%	$1.16
2016-07-27	Current Price @ $119.48	$119.48	0.53%	195.01%	$0.64

 

New Dividend Play Position -- WFC

WFC is going ex-dividend for $0.38 next week, on 8/5:

Date	Description	Amount	ROI	aROI	Profit
2016-07-27	Buy WFC @ $48.00	-$48.00
2016-07-27	Sell WFC 8/5 2016 $48 Call @ $0.41	$0.41
2016-08-05	If assigned at expiration	$48.00	0.85%	34.64%	$0.41
2016-07-27	Current Price @ $48.00	$48.00	0.85%	311.77%	$0.41

 

Closed Position -- MRK

Both MRK positions were assigned today. The first was a dividend play:

Date	Description	Amount	ROI	aROI
2016-06-10	Buy MRK @ $57.00	-$57.00
2016-06-10	Sell MRK 06/17 2016 $57 Call @ $0.42	$0.42
2016-06-13	Div MRK @ $0.46	$0.46
2016-06-17	Buy MRK 06/17 2016 $57 Call @ $0.03	-$0.03
2016-06-17	Sell MRK 06/24 2016 $57 Call @ $0.39	$0.39
2016-06-24	Buy MRK 06/24 2016 $57 Call @ $0.03	-$0.03
2016-06-24	Sell MRK 07/15 2016 $57 Call @ $0.72	$0.72
2016-07-15	Assigned	$57.00	3.39%	44.98%

The second was an RSI(2) play:

Date	Description	Amount	ROI	aROI
2016-06-27	Buy MRK @ $55.38	-$55.38
2016-06-27	Sell MRK 07/15 2016 $55 Call @ $1.40	$1.40
2016-07-15	Assigned	$55.00	1.84%	37.35%

 

Closed position -- MMM

The call on MMM was assigned:

Date	Description	Amount	ROI	aROI
2016-06-27	Buy MMM @ $165.60	-$165.60
2016-06-27	Sell MMM 7/15 2016 $165 Call @ $3.80	$3.80
2016-07-15	Assigned	$165.00	1.93%	39.18%

 

Dividend Play...COP

COP is going ex-dividend next week on 7/21, paying a $0.25 dividend.

2016-07-15	Buy COP @ $42.79	-$42.79
2016-07-15	Sell COP 7/22 2016 $43 Call @ $0.51	$0.51
2016-07-22	If assigned at expiration	$43.00	1.68%	87.74%	$0.72
2016-07-15	Current Price @ $42.82	$42.82	1.26%	458.15%	$0.54

In hindsight, I probably should have written the call at $42.50, to try and encourage an early assignment.

Closed Position -- MCD

The call was exercised on MCD:

Date	Description	Amount	ROI	aROI
2016-06-22	Buy MCD @ $120.51	-$120.51
2016-06-22	Sell MCD 6/24 2016 $120 Call @ $1.22	$1.22
2016-06-24	Buy MCD 6/24 2016 $120 Call @ $0.03	-$0.03
2016-06-24	Sell MCD 7/01 2016 $120 Call @ $1.05	$1.05
2016-07-01	MCD Assigned	$120.00	1.44%	58.22%