i have been trading some Citi warrants lately, for experiment...

i have been trading some Citi warrants lately, for experiment

[email protected], can send a daily list

got caught out yesterday by holding a warrant overnight (for the 1st time) on ex-dividend date, thus automatically lost the dividend amount the next day

lost my good profit that i could have made if i sold yesterday (after buying at all time high; went short) and sold today (for a tiny gain)

LESSON: the warrant price falls by dividend amount on ex-dividend date