have been looking at a strategy around dividend time on the ASX>
with most options traded being american style; you are likely to be exercised the day/s before a stock goes ex-divi.
However, with European style options on asx shares. is it possible or has anyone sold deep in the money calls that can not be exercised early? thus creating a perfect hedge on the dividend play (assuming a high delta and the stock falls by the divi amount?)
Would be curious to see if this works for asx stocks.
