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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (4679)11/2/2010 5:57:36 AM
From: dealmakr   Read Replies (1) | Respond to of 5891
 
Here is a trade done yesterday to see how dividend capture works on the weekly options series.

Bot 10000 INTC
Sold 100 INTC 11/05 20 Call .52

INTC ex div 11/03/10 .158

Needed a .02 premium difference in the option sale to cover all costs if exercised early, but will see how it plays out as it will cost less than 100 to do the trade commission wise. will post results on 11/03.

Also have an INTC position of 1000 bot a while ago with Nov 19 calls written, will see if they get exercised also.

Another trade

Bot 5000 GE 15.96
Sold 50 GE 11/05 16 Calls .15
Sold 25 GE 11/05 16 Puts .21
Sold 25 GE Nov 16 Calls .31

dealmakr