Shorts need to cover before earnings. Will MM lose the put options to us this time.
This time the October put options will be expire worthless because of the earnings right before the options expiry date. MGIC's management knows how to kill those put options with earnings. Something big is coming like a big announcement next week. we already know 15M October less paid claims in profit top of 13M from last month. 25M profit without adding any realized gain to it ($150M). MGIC will get all the attentions next week from investors. G L to short sellers. lol