Tuesday, February 21, 2017

JNJ -- Rolled out

The old position was closed over a month ago, when the $0.03 limit order was hit. A new call wasn't written until today because the prices weren't adequate. Note that the stock goes ex-dividend for $0.80 on 2017-02-24, which is why the new call was written ITM.

Date Description AmountROIaROIProfit
2016-11-10Buy JNJ @ $119.57-$119.57
2016-11-10Sell JNJ 11/18 2016 $119.00 Call @ $1.35$1.35
2016-11-18Div JNJ @ $0.80$0.80
2016-11-15Buy JNJ 11/18 2016 $119.00 Call @ $0.03-$0.03
2016-12-12Sell JNJ 1/13 2017 $119.00 Call @ $0.70$0.70
2017-01-10Buy JNJ 1/13 2017 $119.00 Call @ $0.03-$0.03
2017-02-21Sell JNJ 2/24 2017 $119.00 Call @ $0.86$0.86
2017-02-24If assigned at expiration$119.002.58%8.87%$3.08
2017-02-21Current value$119.002.58%9.13%$3.08
2017-02-21Buy and Hold$119.690.77%--$0.92
 

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