On September 10, 2009 at 4:14 PM drrobhansen <robhansen5252@hotmail.com> wrote:
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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