Betting on the bear

I put a bear spread into place on SPY,  selling  April 100 calls at 8.10 and buying April 108 calls at 1.30 — net credit of 6.80.   Worst case loss is 1.2 per call pair, best case profit is 6.8 per call pair.

2023 Ex-dividend and Pay date information for AGZ, CFT, CIU, EMB, GBF, GVI, MBB, MUB, NYF, SUB, MUAE, MUAG

The 2023 Ex-Dividend and Pay Date  information below is based on Ishares distribution schedule. MONTHLY DISTRIBUTION — BlackRock, Bloomberg Barclays, iBoxx, JPMorgan 2023 Ex-Dividend Dates 1-Feb 1-Mar 3-Apr 1-May 1-Jun 3-Jul 1-Aug 1-Sep 2-Oct 1-Nov 1-Dec 14-Dec Pay / Distribution Dates 7-Feb 7-Mar 7-Apr 5-May 7-Jun 10-Jul 7-Aug 8-Sep 6-Oct 7-Nov 7-Dec 20-Dec AGZ      iShares Barclays Agency Bond Fund (AGZ) CFT     …

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Time for divergence from 2004?

Looking a the chart below you can imagine this year’s stock market getting back on the 2009 trend line,  leaving the 2003/2004 correlation behind.  But I’m still betting that the market is in a sideways mode, rather than a continuing raging bull. The most notable change in the curves since my last update on the 18th of March  is the big drop in normalized volume–something …

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Options Symbols, Including Mini: Generic, Schwab, Fidelity

In 2010 options symbols transitioned to a new terminology.   Unfortunately Fidelity and Schwab decided they didn’t want to use the standard, generic format, so they invented their own “better” version of the new symbols.   Here are the new formats: Generic, industry standard format: “SPY 10417C00114000”     (<symbol> <YYMMDD>  <C or P><5 digit whole dollar strike><3 digit decimal>). Schwab’s systems: “SPY 04/17/2010 114.00 …

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Free option charts

I have only found one site that offers completely free option charts for stocks, Exchange Traded Products, and indexes:  BigCharts.  I provide more information about it below. Recently Schwab (StreetSmart Pro)  and Fidelity (Active Trader Pro and standard web site) have started offering option charts to customers, but they require you to at least setup an account with them.  Neither of these use the “standard” …

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