Thursday, March 16, 2017

ADM -- Rolled Down and Out

The $0.03 limit order triggered, so a new call was written, one month out. It was also rolled slightly down, as that provided the best ROI choice. So a new "pivot" price was set.

Date Description AmountROIaROIProfit
2016-11-10Buy ADM @ $45.73-$45.73
2016-11-10Sell ADM 1/20 2017 $46.00 Call @ $0.73$0.73
2016-11-15Div ADM @ $0.30$0.30
2017-01-13Buy ADM 1/20 2017 $46.00 Call @ $0.03-$0.03
2017-01-25Sell ADM 2/3 2017 $45.50 Call @ $0.35$0.35
2017-01-31Buy ADM 2/3 2017 $45.50 Call @ $0.03-$0.03
2017-02-16Div ADM @ $0.32$0.32
2017-02-27Sell ADM 3/17 2017 $45.50 Call @ $0.69$0.69
2017-03-16Buy ADM 3/17 2017 $45.50 Call @ $0.03-$0.03
2017-03-16Sell ADM 4/21 2017 $45.00 Call @ $0.81$0.81
2017-04-21If assigned at expiration$45.005.20%11.73%$2.38
2017-03-16Current value$44.854.88%14.13%$2.23
2017-03-16Buy and Hold$44.85-0.57%---$0.26
 

No comments:

Post a Comment