Tuesday, March 13, 2018

MCD -- Dividend Play Rolled Out

I was very surprised this didn't have an early assignment when it went ex-dividend. But I just wrote a new call against the position:

Date Description AmountROIaROIProfit
2018-02-22Buy MCD @ $159.85-$159.85
2018-02-22Sell MCD 3/2 2018 $160.00 Call @ $1.50$1.50
2018-02-28Div MCD @ $1.01$1.01
2018-03-12Sell MCD 3/16 2018 $160.00 Call @ $0.60$0.60
2018-03-16If assigned at expiration$160.002.04%32.39%$3.26
2018-03-13Current value$158.220.93%16.93%$1.48
2018-03-13Buy and Hold$158.22-0.39%---$0.62
 

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