Last week was another positive week for the markets, even though it ended with only 0.5% rise. The market is showing signs of strength but it is currently over bought from a technical and option-pricing perspectives. We can see pretty clearly how the IV is dropping as the markets move higher and the level of panic are subsiding. This week dividend capture list has quality companies, but most dividends are between 2-3%. Not ideal.
I’d probably wait for a correction before entering into positions in those stocks, but they will be in my watchlist.
Here are the market sentiment and the $SPY chart:
For our dividend capture strategy,we look for good companies with over 2% yield. The companies distribute dividends in the next 10-30 days. You can follow us on Twitter, where we often publish more trade ideas.
The dividend capture watch-list:
(8 Results. Charts are visible on site and not in email)
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- Analyse those stocks directly in OptionSamurai
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