Trader-101
楼主
:
now what you're looking at is a sec filing that got filed today the reason Chesapeake energy went up is because they're offering a one-time special dividend on May 4th for everybody holding that shares on May 4th now for that being said it makes it pretty predictable me personally I'm waiting to find a good entry point and then I'm going to go in with a call option and sell on the 3rd that way I could ride the momentum and not have to take the risk of them selling off after the dividend but on the 4th before market closes I'm going to grab a put option that way once they seal that dividend most likely they're going to sell off take profit and exit the trade
Trader-101
楼主
Clownarado
:
well in this situation know it would not dilute you because what we hold on most trades are common stock class c now what you're getting on this if you have so many and you meet the dividend you're getting a class b preferred stock which is completely different so there will be no dilution either way guaranteed whoever staying in the trade is after the dividend so they're going to secure profits and pull out as soon as post-market hits
Mwey
:
so buy stocks to get the dividends but the stocks you have to hold thru May 4, so you have to sell on May 5 or can you sell eod at 4 est on May 4 to secure the dividends?
70085865
Trader-101
楼主
:
You had me at “ ride the wave” . Great idea. I AM in!!! I learned the hard way last night a bout reverse split BS. Never again. You really can’t beat em. Take what you can, when you can . I appreciate your insight KnowledgeIsPower. Keep doing your thing man.
Trader-101 楼主 : now what you're looking at is a sec filing that got filed today the reason Chesapeake energy went up is because they're offering a one-time special dividend on May 4th for everybody holding that shares on May 4th now for that being said it makes it pretty predictable me personally I'm waiting to find a good entry point and then I'm going to go in with a call option and sell on the 3rd that way I could ride the momentum and not have to take the risk of them selling off after the dividend but on the 4th before market closes I'm going to grab a put option that way once they seal that dividend most likely they're going to sell off take profit and exit the trade
Clownarado : So in a nutshell it's not such a great idea to buy shares because the dividends will reduce the value?
Trader-101 楼主 Clownarado : well in this situation know it would not dilute you because what we hold on most trades are common stock class c now what you're getting on this if you have so many and you meet the dividend you're getting a class b preferred stock which is completely different so there will be no dilution either way guaranteed whoever staying in the trade is after the dividend so they're going to secure profits and pull out as soon as post-market hits
Clownarado Trader-101 楼主 : Well too late for me to buy anyway but good info for next one.
Thanks and glad your still posting with us
Mwey : so buy stocks to get the dividends but the stocks you have to hold thru May 4, so you have to sell on May 5 or can you sell eod at 4 est on May 4 to secure the dividends?
not sure why you want to buy call options?
70085865 Trader-101 楼主 : You had me at “ ride the wave” . Great idea. I AM in!!! I learned the hard way last night a bout reverse split BS. Never again. You really can’t beat em. Take what you can, when you can . I appreciate your insight KnowledgeIsPower. Keep doing your thing man.
70100479 Trader-101 楼主 : yup.