Wednesday, August 16, 2017

CVX -- Closed Dividend Play

The call was exercised early because the stock went ex-divided:

Date Description AmountROIaROIProfit
2017-08-14Buy CVX @ $108.54-$108.54
2017-08-14Sell CVX 8/18 2017 $108 Call @ $0.80$0.80
2017-08-15Asgn CVX @ $108.00$108.000.24%88.82%$0.26
2017-08-15Buy and Hold$108.570.03%--$0.03
 

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