Wednesday, October 11, 2017

NUE -- RSI(2) Play Rolled Out

The price recovered enough to sell a new call against held shares:

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
2017-08-10Buy NUE 8/11 2017 $59.00 Call @ $0.01-$0.01
2017-09-28Div NUE @ $0.38$0.38
2017-10-11Sell NUE 10/27 2017 $59.00 Call @ $0.55$0.55
2017-10-27If assigned at expiration$59.003.66%14.22%$2.16
2017-10-11Current value$57.360.88%4.11%$0.52
2017-10-11Buy and Hold$57.36-1.97%---$1.16
 

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