Friday, August 10, 2018

MMM -- New Dividend Play

I'm expecting MMM to declare a dividend with an ex-dividend date in the next week or so:

Date Description AmountROIaROIProfit
2018-08-10Buy MMM @ $201.31-$201.31
2018-08-10Sell MMM 8/17 2018 $200.00 Call @ $3.00$3.00
2018-08-17If assigned at expiration$200.000.84%38.26%$1.69
2018-08-10Current value$200.000.84%306.05%$1.69
2018-08-10Buy and Hold$201.830.26%--$0.52
 

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