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.