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Replies to #297 on MBIA Inc (MBI)

MrShmoo

12/21/23 3:30 PM

#298 RE: Enterprising Investor #297

Hey there... there seems to be alot of confusion regarding the options on mbi. I understand if you have calls you must exercise on the 22ndth to collect the divvy and if you were a buyer of a put and exercised you would owe the 8$ dividend.

My question is if I were to buy puts on the 10$ strike and never exercised it I would just gain the appreciation of the put and could just sell it, right? Let me know if you could clarify this

Enterprising Investor

12/22/23 5:16 AM

#299 RE: Enterprising Investor #297

MBI is trading with due bills.

I received a notice from my broker that the payable date is 12/22/23.

It will trade ex-dividend on 12/26/23.