UBS pays dividend

UBS pays a dividend of CHF 2.20 per share.

Short sold put option Novartis

Looking at the chart of Novartis I think I’d like to own some shares of it, but only if I can buy them a little lower than the current price. Instead of placing a limit buy order at CHF 65, I sell short a put option, strike 65, term December 2007.

This put option gets executed at CHF 2.14 per share.