Daily Market Update – April 22, 2016 (7:30 AM)

The Weekend Update will be posted by 10 PM tonight and the Week in Review will be posted by Noon on Sunday.

The following trade outcomes are possible today:

Assignments: none

Rollovers: M

Expirations: STX puts**

**I may try to roll STX puts over, if the ex-dividend date is confirmed before today’s close. It is possible that the ex-dividend date could be as early as next week, in which case, I’d rather hold shares and potentially sell calls.

The following were ex-dividend this week:  FAST (4/22 $0.30)

The following will be ex-dividend next week:  F (2/27 $0.15), MS (2/27 $0.15), KMI (2/28 $0.125)

Trades, if any, will be attempted to be made prior to 3:30 PM EDT.

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