Looks inferior in every way to AGNC. Plus I don't think they can maintain their 21% dividend due to their terrible hedges.
Seems like a lot of risk for a possible 50 cent trade profit...
I haven't bough IVR in a while. In June 2011 I remember buying 36 August $20 calls @1.10 and selling them @1.95 later. This happened before the debt ceiling crisis showed up and I got out early.
Oh, complete misunderstanding from my part haha. Wow that's crazy 10,000,000 already? Well, I hope agnc goes down a bit more and then I can sell those puts and rebuy KMP tomorrow :)
Lol, no, I didn't mean to imply no one responded to my initial comment but that I had replied to you, clicked sent and it never showed up. AGNC working its way up in a -450 tape. 10,000,000 shares of IVR in first hour.