FMG 0.18% $21.90 fortescue ltd

I heard that because FMG had a special DIVI of 11cents there was...

  1. 187 Posts.
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    I heard that because FMG had a special DIVI of 11cents there was a special dispensation on option trades, thus the large volume this morning (9million ) and this could be ( not based on fact or actual option knowledge personally as I have not traded option for  years),but I know a guy that did not get his option picked up and it worked well both ends for him with the special $0;11 cent divi.

    Just some thought for those more intelligent and in the know about options and the special dividend combination  scenario.

    kind regards

    MJaK
 
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