Just a lil' question about ex-dividend dates and options. I'm holding a June put contract that is out-of-the-money (thanks 9-day straight bull market) that expires the day after SPY goes ex-dividend. I'd like to unload it beforehand to save theta but if need be might hold on and capitalize on what should be a 93 cent drop. What I'm confused about is how and when this 93 cent increase/drop is added to the price. As we head towards the 20th will SPY artificially inflate to meet the demands of the dividend? Right now it's about 55 cents off from the SPX.
Submitted June 03, 2014 at 04:14PM by Banjogood http://ift.tt/1rJhOj7
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