... dividend will lower the value of a call option. In addition, the larger the dividend, the lower the price of the corresponding call options. Therefore,stocks with high dividends will have low call ... 2.00 3 .90 4.8085 .40 1.60 2.80 The numbers in the first column are the strike prices of the IBMcalls. The months across the top are the expiration months. The num-bers inside the table are the ... stock.Once the stock is sold, the trader will profit if the stock moves lower.Keep in mind, however, that if any dividends are paid by the stock, then the lender, not the short seller, is entitled to them....