ES Journal Archive (2009 - 2010)

Lawrence Chan · Oct 12, 2009

Quote from ammo:

where are the sellers

Holiday for many parts of the world today.

Some trading on financials are closed today.

rock34748 · Oct 12, 2009

Quote from ammo:

where are the sellers

struggling... as EURUSD continues hourly climb above 1.4810

ammo · Oct 12, 2009

Quote from vmaxer:

Looking at SPY, there is a 110.34 to 107.62 gap ($2.72) a year ago. Since then, has SPY not paid enough dividends to fill the gap?

.69+.72+.56+.52+.51 = $3.00 in dividends and SPY hit 108.09 today. The .69 dividend paid after the gap but was effective before so maybe it's more accurate to say $2.31 in dividends.

either way, hasn't the gap filled?

when is the next div, or when was the last

volente_00 · Oct 12, 2009

Quote from ammo:

where are the sellers

Perhaps they want the upper range first to sell into

Lawrence Chan · Oct 12, 2009

Quote from volente_00:

Perhaps they want the upper range first to sell into

Doing that run the risk of failing to control the outcome ...

vmaxer · Oct 12, 2009

Quote from ammo:

when is the next div, or when was the last

last was 8/1 (.52)
next pay date is 10/30 (.51).

interesting how the october div has dropped from .69 to .51 in a year but ES at same levels.

volente_00 · Oct 12, 2009

Quote from Lawrence Chan:

Doing that run the risk of failing to control the outcome ...

Got to have the rise to sell calls

kinggyppo · Oct 12, 2009

Quote from vmaxer:

Looking at SPY, there is a 110.34 to 107.62 gap ($2.72) a year ago. Since then, has SPY not paid enough dividends to fill the gap?

.69+.72+.56+.52+.51 = $3.00 in dividends and SPY hit 108.09 today. The .69 dividend paid after the gap but was effective before so maybe it's more accurate to say $2.31 in dividends.

either way, hasn't the gap filled?

No the gap has not filled, this may be a rhetorical question but the gap was like 20 es points with the close on 10/03/2008 at 110.34. We have another 20 es points to even get close to it filling. :eek:

rock34748 · Oct 12, 2009

sh 75.25; sl 77.0

volente_00 · Oct 12, 2009

When range is tight, it's often best to stay out the fight.