Monday, July 31, 2017

IBM -- New RSI(2) Position

IBM showed up on my RSI(2) scan. The chart is not pretty. However, it does pay a good dividend and will be going ex-dividend on 8/8 for $1.50. The current yield is over 4%.

Date Description AmountROIaROIProfit
2017-07-31Buy IBM @ $144.35-$144.35
2017-07-31Sell IBM 8/4 2017 $144.00 Call @ $1.20$1.20
2017-08-04If assigned at expiration$144.000.59%53.73%$0.85
2017-07-31Current value$144.000.59%214.93%$0.85
2017-07-31Buy and Hold$144.670.22%--$0.32
 

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