Sunday, June 18, 2006

Late June Dividend events & notes

Stock Ex-Div_Date Div Recent_Price Div/Recent_Price%
FBR __ 28-June ___ .2 __ 10.11 ___ 1.97%
SPY __ 16-June ___ .555 _ 124.65 __ 0.45%
IVV __ 23-June _ .528 __ 125 ____ 0.45%
BBY __ 29-June ___ .08 ___ 52.5 __ 0.15%
DE ___ 28-Jun ___ .39 ___ 80 ____ .48%
GSF __ 28-June __ .225 ___ 53 ____ .42%
CCU __ 28-June __ .187 ___ 30 ____ .62%
DOW__ 28-June __ .375 ___ 38 ____ .98%

Notes
  • Tried without success to get any bites on buy/writes on DOW with debit amounts giving me any profit at all. My CCU order barfed on Schwab when I tried to do the buy/write at $25
  • GSF on the other hand happily gave me a profit of 0.21 on 47.5 calls, I had tried 0.25 for a while with no takers, but 0.21 went immediately--left a few pennies at the table I guess. Ex-Div is tomorrow, so I expect/hope my position to be short-lived.
  • I tried a zero profit offer with DOW -- ( $35 call with a debit of $35, but no takers). I ran a "science experiment" with DOW to see if the buy/write was not working well. I bought DOW at 38.01 and then tried to split the 3.0 / 3.2 spread on the $35 call with a 3.1 offer. Even though DOW got up to 38.04 there were no takers. I chickened out at that point and took my $28 in profits....
  • On FBR: I tried a Buy/Write for $7.5 July Calls at 7.45 debit -- no takers
  • On FBR: Since the options will almost certainly be assigned I wanted a little money up front
  • On BBY: I did a Buy/Write for $42.5 July Calls at 42.35 debit -- it took an hour to fill!
  • On BBY: It will interesting to see if the BBY Calls get assigned -- 3 weeks left before expiration
  • Found an interesting web site www.amextrader.com -- gives ex-dividend dates a few days in advance

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