No, I checked and there was no assignment. In fact, none of the positions in the double calendar are in the money. I am short the Sep09_50put and short the Sep09_52.5call. I am long the corresponding October options. Maybe there is some synthetic component going on here? Anyone else have an explanation?
RFH
--- In OptionClub@yahoogro
>
> If your ONLY WMT position is as stated, then something is wrong. The only
> way you should be debited the divvy is if you were actually short the stock
> itself. Have you checked to see if your short options had been exercised and
> you missed it and you are now short WMT instead of still in the spread?
>
>
>
> Ken
>
>
>
>
>
> From: OptionClub@yahoogro
> Behalf Of drrobhansen
> Sent: Thursday, September 10, 2009 11:14 AM
> To: OptionClub@yahoogro
> Subject: [TheOptionClub.
>
>
>
>
>
> I'm in the process of learning how to successfully trade calendar spreads,
> and currently have a position in WMT. I'm short the Septembers and long the
> Octobers at the 50 and 52.5 strikes. I checked my account and noticed that
> my cash balance was debited yesterday for a dividend that Walmart paid. I
> was totally unaware that this type of spread was subjected to dividend
> payments. Could someone be kind enough to elaborate on how and why this
> happens?
>
> Thanks,
> RFH
>
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