Dividend play in S&P 500 ETF goes awry, costing traders $20 million – Reuters
|
Dividend play in S&P 500 ETF goes awry, costing traders $ 20 million
Reuters (Reuters) – A popular options strategy that captures a coming dividend in the SPDR S&P 500 tracking ETF seems to have gone badly for some market participants this week, costing them more than $ 20 million in uncollected dividends, option participants said. |
