### Comment:
The ex-date is the day before the record date (Declaration Ex Record Payment; DERP). 1/30 is the record, you need to buy 3 business days before that day to be the owner through T+2. Tuesday =1, Monday = 2, Friday (today) = 3.  
  
 It is $F, it is great for writing covered calls. You get the dividend and the premiums and you really aren't worried about it running away from you.

### REPLY:
Well today I learned. Thank you :)

### END.