No. of Recommendations: 0
P.S.

For those who buy dividend stocks and write covered calls for income, exercising those options early to grab the last dividend has become strandard practice now. I'd reccommend selling options which are due 2 to 1/2 months past the last expected dividend date.

Anyways, expect this practice to knock down your yield about 5%....instead of around 15%, expect to get about 10% return if someone takes your last dividend payment.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement