Friday, August 12, 2016

LLY Rolled Out and Down

LLY didn't get exercised early, so I got the dividend. The $0.03 BTC limit order I had on the call exercised this morning. After looking at the choices for 8/19 and 8/26, I rolled it out 2 weeks and down $0.50:

Date Description AmountROIaROIProfit
2016-08-08Buy LLY @ $81.19-$81.19
2016-08-08Sell LLY 8/12 2016 $81 Call @ $0.55$0.55
2016-08-11Div LLY @ $0.51$0.51
2016-08-12Buy LLY 8/12 2016 $81 Call @ $0.03-$0.03
2016-08-12Sell LLY 8/26 2016 $80.50 Call @ $0.74$0.74
2016-08-26If assigned at expiration$80.501.34%27.10%$1.09
2016-08-12Current Price$80.150.91%82.61%$0.74
 

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