Daily Market Update – June 24, 2016




Daily Market Update – June 24, 2016 (7:30 AM)

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

The following trade outcomes are possible today:

Assignments:  none

Rollovers:  MRO *

Expirations:  HFC

The following were ex-dividend this week:  LVS (6/20 $0.72), JOY (6/20 $0.01)

The following will be ex-dividend next week:  CY (6/28 $0.11), DOW (6/28 $0.46), EMC (6/29 $0.11), WFM (6/29 $0.14), GPS (7/1 $0.23)

* With a large decline looming this morning following Great Britain’s vote to leave the European Union, the position in Marathon Oil, is dropping sharply in the pre-opening futures. Rather than seeing it assigned, if it remains above $1`3.50, I may be interested in attempting to roll it over.

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