$Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ liar

WhyDown : why

Kinni420 : Dafuq is wrong with the price??? closing price 53 and premarket up 6%but price 41??

WhyDown Kinni420 : dividend $14

StarieBee WhyDown : Dividen affect the price?

Wongy StarieBee : Does anyone know if the MSTX options will be adjusted for dividend also?

StarieBee : How come suddenly there’s dividend payout ..

Macheight Wongy : Same question here. No one was able to give a response.

✨洋洋 : Just a leek. The excuse is to serve the public.

102623400 Macheight : Let me help. Short answer: no. Options is a bet of up or down direction. In this case, if you sell call or buy put, you would have profited. The opposite is true if you are on the other side. Typically, options would have priced in the dividend (if the dividend is expected - some stocks pay dividend every quarter with a fixed dividend yield as example). In rare cases like this, the option likely didn’t price in (since this is the first time they pay dividend) and it’s a gamble for option holders

ABC317 StarieBee : Must have an impact, otherwise where will the money come from.