Hi
I would like to experiment selling Spy deep itm call options. So I want to understand what it’s going to happen when ex dividend date is approaching.
The next ex-dividend date is 06-16 and it is also the option expiration date.
The itm strikes has low liquidity so I don’t Know if i will be able to close my position, buying calls, at a good price.
If the call holder exersice I will have to pay him the dividend, that’s right?
1_If I am assigned a few days before I’ll be able to re buy…