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To: reed13k; Openurmind

Don’t short PG-—at least not now, today, you’ll be liable to pay out a .71/sh dividend in a few days, the 17th or the 18th.

*And* the puts will have embedded the expectation that the common will drop that 70 cents as soon as the stock goes ex.

Wait a few days.

[long PG specifically to collect the divvy and hedged]


62 posted on 01/15/2019 8:17:48 AM PST by Attention Surplus Disorder (Apoplectic is where we want them)
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To: Attention Surplus Disorder

Thanks hadn’t checked that yet.


75 posted on 01/15/2019 9:20:32 AM PST by reed13k (For evil to triumph it is only necessary that good men do nothing)
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