Arbitrage

Here is one Im looking at ...

TMA is 10.56
Pays 2.72 in dividend annually assume a 50% haircut.
1.36

SELL 2010 C TMA $10 options are trading at $5

If redeemed 4.44 profit + 1.36 + 1.36=7.16
which is 70% profit

Risk 10.56-5=5.56 which is $556

1.3:1 RATIO

WATCH THIS ONE!!!