Dividends , The Wheel --Cash secured Puts and Covered Call writting

[leftovers]

What a beating...8-( I think most companies will slash dividends 50% or more and some will cut them entirely?

I have 9 open positions in PUT calendar spreads and have weathered the storm pretty good!

That works where you are long and short the stock and with the volatility causing premium spikes you can get in and out with profit fairly safe and if you have to take assignment you're covered by the positive put for built in protection.

I could end with some IBM in the 80's and CAT in the 75 range! Thinking of some BA tomorrow! GLTA this market is still unpredictable and will probably fall more!