Open Position -- MRK

I added another position to the dividend play on MRK. 

Brexit brought the MRK price down quite a bit and the extrinsic values on the calls were higher than normal, so I added another position. I chose the same expiration date for convenience.

I also rolled up the old MRK call on 6/24, because my $0.03 limit order to buy back the existing call triggered. So I just sold another one for several weeks out.

Again, so far so good. :)  

Date	Description	Amount	ROI	aROI
2016-06-10	Buy MRK @ $57.00	-$57.00
2016-06-10	Sell MRK 06/17 2016 $57 Call @ $0.42	$0.42
2016-06-13	Div MRK @ $0.46	$0.46
2016-06-17	Buy MRK 06/17 2016 $57 Call @ $0.03	-$0.03
2016-06-17	Sell MRK 06/24 2016 $57 Call @ $0.39	$0.39
2016-06-24	Buy MRK 06/24 2016 $57 Call @ $0.03	-$0.03
2016-06-24	Sell MRK 07/15 2016 $57 Call @ $0.72	$0.72
2016-07-15	If assigned at expiration	$57.00
2016-06-27	Buy MRK @ $55.38	-$55.38
2016-06-27	Sell MRK 07/15 2016 $55 Call @ $1.40	$1.40
2016-07-15	If assigned at expiration	$55.00	2.63%	27.38%
2016-06-29	Current Price @ $57.00	$57.00
2016-06-29	Current Price @ $57.00	$55.00	2.45%	47.03%

 

Open Position -- MMM

I opened a new position on MMM with the Brexit decline.

MMM had declined from $174.11 to $169.12 on the previous Friday, so I was expecting more of a decline on Monday morning. I put in a limit order of $165 before the market opening on 6/27.When it bounced just over $165 several times, I changed the limit order to $165.60 and got the stock. I chose the call since it seemed the best available at the time.

Date	Description	Amount	ROI	aROI
2016-06-27	Buy MMM @ $165.60	-$165.60
2016-06-27	Sell MMM 7/15 2016 $165 Call @ $3.80	$3.80
2016-07-15	If assigned at expiration	$165.00	1.93%	39.18%
2016-06-29	Current Price @ $171.05	$165.00	1.93%	352.66%

 

RSI(2) Plays...MMM

 Bought on short-term price weakness identified by RSI(2).

Date	Activity	Quantity	Symbol/Description	Price	Net Amount	ROI	aROI
2016-06-17	Assigned	-1,000	MMM - 3M CO	$167.50	$167,471.35
2016-06-10	Sell	-10	MMM June 17, 2016 $167.50 Call	$1.96	$1,939.65
2016-06-10	Buy	1,000	MMM - 3M CO	$168.30	-$168,300.00	0.66%	34.42%

 

Dividend Plays...MCD

This one went a little sideways. My limit order to sell the call on the day before it went ex-dividend didn't get filled. So I ended up getting the dividend. I did sell a call the next day, for what I thought was an adequate profit if it filled.

Date	Activity	Quantity	Description	Price	Amount	ROI	aROI
2016-06-17	Assignment	-1,000	-1,000 MCDONALDS CORP @ $122.0000	$122.00	$121,972.34
2016-06-03	Sell	-10	CALL MCDONALDS CORP $122 EXP 06/17/16 @ $0.8900	$0.89	$869.67
2016-06-02	Ex-Dividend	1,000	MCD MCDONALDS CORP 062016 1,000	$0.89	$890.00
2016-05-31	Buy	1,000	1,000 MCD MCDONALDS CORP @ $122.8211	$122.82	-$122,821.10	0.74%	15.92%

 

Dividend Plays...ED closed out

The ED position was assigned and is now closed:

Date	Action	Quantity	Equity	Price	Net Amount	ROI	aROI
2016-02-11	Buy	1,000	ED - CONSOLIDATED EDISON INC	$72.55	-$72,554.29
2016-02-11	Sell	-10	ED February 19, 2016 $72.50 Call	$0.90	$879.67
2016-02-12	Ex-Dividend	1,000	ED - CONSOLIDATED EDISON INC	$0.67	$670.00
2016-02-19	Buy	10	ED February 19, 2016 $72.50 Call	$0.05	-$70.31
2016-02-22	Sell	-10	ED March 18, 2016 $72.50 Call	$0.95	$929.67
2016-03-18	Assigned	1,000	ED - CONSOLIDATED EDISON INC	$72.50	$72,500.00	3.25%	32.91%

 

Dividend Plays...MO MRK

Small gains this week, over a few days:

Date	Activity	Quantity	Symbol/Description	Price	Net Amount	ROI	aROI
2016-03-08	Buy	1000	MRK - MERCK & CO INC	$52.48	-$52,478.20
2016-03-08	Sell	-10	MRK March 11, 2016 $52.50 Call	$0.34	$319.68
2016-03-11	Assign	-1000	MRK - MERCK & CO INC	$52.50	$52,473.86	0.6%	73.1%
2016-03-08	Buy	1000	MO - ALTRIA GROUP INC	$62.12	-$62,115.50
2016-03-08	Sell	-10	MO March 11, 2016 $62 Call	$0.43	$409.68
2016-03-11	Assign	-1000	MO - ALTRIA GROUP INC	$62.00	$61,973.65	0.4%	52.5%

On the watch list for the next few weeks:

Ticker	Company	Source	Estimated Ex-dividend date	Week	Yield	Ex-dividend date	Warning
IRET	Investors Real Estate Trust	Dividend Champion	xxxx-03-17	1	8.06%	2016-03-17
WEYS	Weyco Group Inc.	Dividend Champion	xxxx-03-17	1	3.17%	2016-03-17
POR	Portland General Electric Company	freebelvin	xxxx-03-22	2	3.09%	2016-03-22
SPLS	Staples, Inc.	freebelvin	xxxx-03-22	2	5.01%	2016-03-22
PM	Philip Morris International, Inc.	freebelvin	xxxx-03-25	2	4.25%	2015-12-21	<==
NFG	National Fuel Gas Company	Dividend Champion	xxxx-03-27	3	3.19%	2015-12-29	<==
DOW	The Dow Chemical Company	freebelvin	xxxx-03-29	3	3.75%	2016-03-29
NUE	Nucor Corporation	Dividend Champion	xxxx-03-29	3	3.45%	2016-03-29
CSCO	Cisco Systems, Inc.	freebelvin	xxxx-04-04	4	3.04%	2016-04-04
VZ	Verizon Communications Inc.	freebelvin	xxxx-04-06	4	4.32%	2016-04-06
UVV	Universal Corporation	Dividend Champion	xxxx-04-07	4	3.82%	2016-04-07
T	AT&T, Inc.	Dividend Champion	xxxx-04-08	4	5.06%	2016-01-06	<==
POT	Potash Corporation of Saskatchewan Inc.	freebelvin	xxxx-04-08	4	8.02%	2016-04-08
TDS	Telephone & Data Systems Inc.	Dividend Champion	xxxx-03-15	1	2.07%	2016-03-15
FRT	Federal Realty Investment Trust	Dividend Champion	xxxx-03-16	1	2.51%	2016-03-16
CINF	Cincinnati Financial Corp.	Dividend Champion	xxxx-03-21	2	2.88%	2016-03-21
MDT	Medtronic plc	Dividend Champion	xxxx-03-22	2	2.01%	2016-03-22
PNY	Piedmont Natural Gas Co. Inc.	Dividend Champion	xxxx-03-23	2	2.21%	2016-03-23
APD	Air Products and Chemicals, Inc.	Dividend Champion	xxxx-03-27	3	2.41%	2015-12-30	<==
ITW	Illinois Tool Works Inc.	Dividend Champion	xxxx-03-29	3	2.27%	2016-03-29
SYK	Stryker Corporation	PLA	xxxx-03-29	3	1.47%	2016-03-29
BEN	Franklin Resources, Inc.	Dividend Champion	xxxx-03-29	3	1.92%	2016-03-29
CB	Chubb Limited	Dividend Champion	xxxx-03-29	3	2.28%	2016-03-29
SYY	Sysco Corporation	Dividend Champion	xxxx-03-30	3	2.75%	2016-03-30
ABM	ABM Industries Incorporated	Dividend Champion	xxxx-04-05	4	2.07%	2016-04-05
WGL	WGL Holdings Inc.	Dividend Champion	xxxx-04-06	4	2.64%	2016-04-06
BRC	Brady Corp.	Dividend Champion	xxxx-04-06	4	2.99%	2016-04-06
GD	General Dynamics Corporation	PLA	xxxx-04-06	4	2.09%	2016-04-06
MKC	McCormick & Company, Incorporated	Dividend Champion	xxxx-04-08	4	1.83%	2015-12-29	<==
RPM	RPM International Inc.	Dividend Champion	xxxx-04-11	5	2.59%	2016-01-13	<==
ABT	Abbott Laboratories	Dividend Champion	xxxx-04-13	5	2.65%	2016-04-13