Tuesday, May 9, 2017

TGT -- New dividend play

TGT is going ex-dividend on 5/15 for $0.60. One item of concern is earnings are due next week as well, which is why I opted for further ITM than normal, hoping to force the early assignment.

Date Description AmountROIaROIProfit
2017-05-09Buy TGT @ $58.22-$58.22
2017-05-09Sell TGT 5/19 2017 $57.50 Call @ $1.68$1.68
2017-05-19If assigned at expiration$57.501.66%60.50%$0.97
2017-05-09Current value$57.501.66%605.04%$0.97
2017-05-09Buy and Hold$58.440.39%--$0.23
 

No comments:

Post a Comment