Once $STRC drops below the $100 level around the dividend record date on Jan. 15, arbitrage opportunities will become hard to ignore. The flood of buyers looking to capture ex-dividend gains means the window for deep pullbacks shrinks dramatically. We're likely talking days—not weeks—where the price trades that low this month. As we move into February, those windows narrow even further. Eventually, the dips become shallow enough that catching major discounts becomes nearly impossible. The market pricing in these mechanics ahead of time.