Dividend is payable next Tuesday, yesterday stock closed at $8.37, today it opens at $8.14, showing a previous close of $8.12! , what's going on?
I forget that dividend adjustment occurs 3 days before record date.But why would (say) April 7.5 calls not account for that, as they dropped the full 25 cents! If you don't know what I'm talking about, don't reply please.
It is not up to you to decide who replies to your posts. Your question is good. Why don't you give a little more insight for all involved?
div is payable 4-15, today was x date and the stock reduces by amount of the div.