% | $
Quotes you view appear here for quick access.

Chesapeake Granite Wash Trust Message Board

  • marklibera marklibera Jun 28, 2013 12:22 PM Flag

    Start of divy run?

    Could this be the start of the quarterly divy run? The next ex-div date is not until mid Aug, but this seems to have perked up even though nat gas prices are down. In the first quarter, the stock ran from $16.50 to $19 before collapsing once the divy was announced. In the second quarter, it ran from below $13.50 to $17. It looks to be nudging over the 50 dma. Maybe have to take a look at some cheap calls. Last quarter I played the puts for a nice gain, although it took a long time to dispose of the puts since the spread can be wide. If we get a nice divy run and it hits resistance, this time I will try buying in the money puts instead of out of the money ones.

2.10+0.02(+0.96%)Jul 29 4:02 PMEDT