AZ Cowboy......if you are correct in your assertion that the dividends will be paid sometime in december, before the new year starts in january, I have some covered calls written for the January 2021 option period, and they should be called away before this december timeframe that you allude to....so, the test will be if call options below the 30 strike price are called away at the december option expiration, then your assertion will be correct......I am going to keep my eye on these options for a "sweep" by option writers before january... thanks.....Lodas