Wednesday, August 17, 2016
MSFT Call Exercised Early
Our MSFT August$55 call was exercised yesterday, This is a savvy call buyer. Took the stock early to reap both the capital gain (MSFT is $57.50) and the dividend (MSFT ex-dividend 8/17.) Well done. We all win as our basis is $50.40 and we received two $.36 dividends per share plus two calls worth a total of $2.10 per share. Our total return of $626 is a 12.42% in 6 months. Do that on every stock and you are one happy income investor. M* Disclosure still long MSFT personally.