Friday, June 1, 2018

MCD -- Dividend Play Rolled Out

Still own the shares after it went ex-dividend for $1.01 overnight, so I rolled the call out to next week:

Date Description AmountROIaROIProfit
2018-05-29Buy MCD @ $160.45-$160.45
2018-05-29Sell MCD 6/1 2018 $160.00 Call @ $1.30$1.30
2018-06-01Div MCD @ $1.01$1.01
2018-06-01Buy MCD 6/1 2018 $160.00 Call @ $0.01-$0.01
2018-06-01Sell MCD 6/8 2018 $160.00 Call @ $0.83$0.83
2018-06-08If assigned at expiration$160.001.67%55.44%$2.68
2018-06-01Current value$159.391.29%117.78%$2.07
2018-06-01Buy and Hold$159.39-0.03%---$0.05
 

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