Trading options in REITs
NLY JAN CALs
2010-09-30 BOT 30 NLY JAN 2011 $16 CAL @ $1.86
2010-12-13 SLD 30 NLY JAN 2011 $16 CAL @ $2.28
Profit of 0.42 or 22.5% which is okay if you do it four times per year. Let us check if I should have held it
until just before the ex-dividend date.
I was lucky.
December 15, 2010 at 4:04 PM ET: Annaly Mortgage announces Q4 dividend of $0.64/share, prior