Promised Daddy for two weeks I’d get him shares for the $2.00 dividend tomorrow. It kept running away from me though! But Dad loves free things. Free Big Macs when the Broncos win (yeah, been awhile), free ipads from TD Ameritrade (despite that he’s too old to use them), and perceived free money that are dividends. Had to cave.
200 Shares at $320.45, Sold Dec 22 325 calls for 1.45
This is a @fuzzballl trade, kind of. #Diagonal using #syntheticstock
BTO Feb 65 Call, STO Feb 65 (net .35 cr), STO Dec 66 call 1.32 cr
BE 63.44, Max profit $2600
Will watch for opp to add some put protection in Feb