Date | Description | Amount | ROI | aROI | Profit |
2018-08-20 | Buy MMM @ $204.73 | -$204.73 | |||
2018-08-23 | Div MMM @ $1.36 | $1.36 | |||
2018-08-20 | Sell MMM 8/24 2018 $205.00 Call @ $0.95 | $0.95 | |||
2018-08-24 | Asgn MMM @ $205.00 | $205.00 | 1.26% | 92.07% | $2.58 |
2018-08-24 | Buy and Hold | $205.29 | 0.94% | -- | $1.92 |
Friday, August 24, 2018
MMM -- Closed Dividend Play
MMM closed ITM, so it will be exercised tonight. This one worked out perfectly. I will collect the dividend because the price was less than the strike price as it went ex-dividend, but the price still recovered enough to go over the strike price of the call.
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