Monday, July 3, 2017

NUE -- Closed dividend play

The call on NUE was exercised over the weekend:

Date Description AmountROIaROIProfit
2017-06-26Buy NUE @ $57.15-$57.15
2017-06-28Div NUE @ $0.38$0.38
2017-06-26Sell NUE 6/30 2017 $57.00 Call @ $0.81$0.81
2017-06-30Asgn NUE @ $57.00$57.001.82%165.66%$1.04
2017-06-30Buy and Hold$57.871.92%--$1.10
 

2 comments:

  1. Very nice result.

    Are you now more inclined to use dividend capture strategies on weeklies? or monthlies? As my most recent covered calls early assignment in JPMorgan attest, I'm still partial to monthlies.

    ReplyDelete
  2. I dabble in the monthlies, but mostly deal with the weeklies.

    ReplyDelete