That is something I dont know and dont know how to find out. As of right now puts are 2 bucks for strike that would make you even. How can they adjust once you have them?
I dont know what is it you dont understand. KLAC is $84.00 and it has declared $16.50 divy. If you buy 84 or 85 Dec puts you have your divy and 84 bucks.Make sense?
BTW puts are about 2 bucks.
I am thinking of posting a great short term money making trade on this board but I need your answer. There is a stock that declared large special divy and its going EX date this week. December puts are only 2 bucks premium and divy is 5X that. Whats wrong here?
Those were two separate transactions(JMO) because they are going in the same direction and there is no protection for either one. Party that bought puts wants to make sure that they get 100 PS and the ones that sold think that GILD will be in 105 range on Dec 20th. For me either trade does not make sense and I would only sell OTM short term naked calls.
That does not make any sense. If it gets to 110 puts he sold expire and buying calls does not give him any protection.
Great idea, maybe we will not have to listen to your #$%$ any more. All your ranating about NAV and projected gains are pipe dreams as Cornerstones are going to take more of your money. I am nvested in equity that pays 23% DIVIDEND and I dont have to worry about ROs and RSs . Hve a feast I am leaving all of CFP to you.
I was not into CFP five years ago but I can tel you that investors lost money in last two years I am not going to invest in Cornerstones, your idea of me trying to scare anybody is down the sewers.