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Uranium One Inc SXRZF

Metals & Mining Industrial Metals & Minerals


GREY:SXRZF - Post by User

Uranium One Inc
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Post by Canonballon Dec 20, 2010 6:08pm
791 Views
Post# 17873189

I just sold my UUU for 5.00...today!

I just sold my UUU for 5.00...today!Yes that's correct someone bought my UUU for 5.00 on Dec 17th ...They exercised the option-so they paid to pick-up the Dividend...which comes with my shares.
Now I did make money on the premium and the price difference- about half what  I could have earned (not complaining just stating a fact).
But I have never had a situtation like this ever happen before to shares I had sold a Covered Call on - lesson well learned.
 
But it does indicate UUU is worth more then it present price.  
Just  watch which options you buy or sell now  anything with UUU1 has the Dividend attached to it no matter when it gets exercised.

May get back in later - the over all Market may soften for the coming few weeks - which will affect all stocks.
Cheers
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