Tuesday, February 7, 2017

MMM -- New Dividend Play

I'm expecting the dividend to be declared any time now, so thought I'd get in on it.

Date Description AmountROIaROIProfit
2017-02-07Buy MMM @ $175.40-$175.40
2017-02-07Sell MMM 2/17 2017 $175 Call @ $1.40$1.40
2017-02-17If assigned at expiration$175.000.57%20.81%$1.00
2017-02-07Current Price$175.000.57%208.10%$1.00
2017-02-07Buy and Hold$175.480.05%--$0.08
 

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