Wednesday, May 24, 2017

MCD -- New Dividend Play

I anticipate MCD will go ex-dividend sometime next week, but this week's expiration looked profitable. I set a limit order last night that executed today.

Date Description AmountROIaROIProfit
2017-05-23Buy MCD @ $148.05-$148.05
2017-05-24Sell MCD 5/26 2017 $148.00 Call @ $0.78$0.78
2017-05-26If assigned at expiration$148.000.49%59.99%$0.73
2017-05-24Current value$148.000.49%179.97%$0.73
2017-05-24Buy and Hold$148.820.52%--$0.77
 

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