I didn't get assigned so I get the dividend plus have the downside protection. If I make it through the Jan ex date before gettting assigned in april the profit will be 2 div payments and a small realized gain for an all in return of 2.2% in six months or 4.4% annualized. Seems like alot of work for only 4.4%. This backs my other strategy that if you want to capture the dividend of 0.56 per qtr you are better off selling deep out of the money puts.
I like the chart and TA indicators and look for PG to break $70 -- maybe before the election. This is a nice deversified stock and will continue growing worldwide. Also the dividend is nice -- much better than having your $$ in a savings account. PG is a stock you can own and sleep well at night. Time to buy for a nice
long term profit.