Monday, July 31, 2017

NUE -- Position rolled out

The last call was bought back for a penny after the price dropped a bit, so a new one was written for two weeks out:

Date Description AmountROIaROIProfit
2017-07-26Buy NUE @ $58.90-$58.90
2017-07-26Sell NUE 7/28 2017 $59.00 Call @ $0.65$0.65
2017-07-28Buy NUE 7/28 2017 $59.00 Call @ $0.01-$0.01
2017-07-31Sell NUE 8/11 2017 $59.00 Call @ $0.50$0.50
2017-08-11If assigned at expiration$59.002.11%48.03%$1.24
2017-07-31Current value$57.67-0.15%-11.15%-$0.09
2017-07-31Buy and Hold$57.67-2.09%---$1.23
 

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