Tuesday, November 28, 2017

WFC -- RSI(2) Play rolled out

Since the price rallied a bit today, I was able to write a new call to replace the one that expired several months ago:

Date Description AmountROIaROIProfit
2017-03-20Buy WFC @ $57.90-$57.90
2017-03-20Sell WFC 3/24 2017 $57.50 Call @ $0.75$0.75
2017-03-28Sell WFC 5/5 2017 $57.50 Call @ $0.80$0.80
2017-04-13Buy WFC 5/5 2017 $57.50 Call @ $0.03-$0.03
2017-05-03Div WFC @ $0.38$0.38
2017-06-29Sell WFC 7/21 2017 $57.50 Call @ $0.49$0.49
2017-07-18Buy WFC 7/21 2017 $57.50 Call @ $0.01-$0.01
2017-08-02Div WFC @ $0.39$0.39
2017-11-02Div WFC @ $0.39$0.39
2017-11-28Sell WFC 12/29 2017 $57.50 Call @ $0.55$0.55
2017-12-29If assigned at expiration$57.505.72%7.32%$3.31
2017-11-28Current value$55.622.47%3.55%$1.43
2017-11-28Buy and Hold$55.62-1.93%---$1.12
 

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