Date | Description | Amount | ROI | aROI | Profit |
2016-07-15 | Buy COP @ $42.79 | -$42.79 | |||
2016-07-15 | Sell COP 7/22 2016 $43 Call @ $0.51 | $0.51 | |||
2016-07-21 | Div COP @ $0.25 | $0.25 | |||
2016-07-21 | Buy COP 7/22 2016 $43 Call @ $0.03 | -$0.03 | |||
2016-07-21 | Sell COP 7/29 2016 $43 Call @ $0.33 | $0.33 | |||
2016-07-27 | Buy COP 7/29 2016 $43 Call @ $0.03 | -$0.03 | |||
2016-08-03 | Sell COP 11/18 2016 $41 Call @ $2.48 | $2.48 | |||
2016-11-18 | If assigned at expiration | $41.00 | 4.02% | 11.64% | $1.72 |
2016-08-03 | Current Price @ $39.95 | $39.95 | 1.57% | 30.08% | $0.67 |
Wednesday, August 3, 2016
COP Rolled Down and Out
I rolled the position down to $41 and out to 11/18, for $2.48. The call premium still puts me above the original purchase price. One downside is that the next earnings report is before 11/18. However, another dividend can be collected.
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