Buying stocks with high dividends?

[Jason Strasser (strassa2)]

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Very slim chance Citi cuts its dividend FYI

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the option market might disagree with you.

dividend = stock - strike + interest + put - call

check out the atm jan 09 options and you will see that there is a pretty severe expected decline in dvd payments.... im not saying it will happen, but its priced into the option market so if you are thinkning that citi will not cut dividend i recommend buying puts selling calls and buying stock (a conversion).