Friday, August 5, 2016

Closed position -- WFC

The call will be assigned over the weekend, so this one is closed

This one worked out perfectly. Got both the dividend and the call premium and still had the stock assigned two days after it went ex-dividend.

Date Description AmountROIaROIProfit
2016-07-27Buy WFC @ $48.00-$48.00
2016-07-27Sell WFC 8/5 2016 $48 Call @ $0.41$0.41
2016-08-03Div WFC @ $0.38$0.38
2016-08-05WFC$48.001.64%66.33%$0.79
 

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