Will we top up tomorrow if it gets higher? This is actually good fun, and we have, as a board mde this play before and waited for days before the event. I remember some guy saying he had put all of his chips on the table. We all felt bad for him. He grumbled for an entire week, and ultimately it happened, but will we all chase it higher? i have about 12k on it the table, march 31s.
i think we have a few more days of this, but i am going with doc, and say tomorrow.
Looks like the late afternoon Dow blunted AGNC's momentum. I sent you an e-mail about shorting the stock, but now I'm leaning towards dipping into the Jan28 puts (nod to YBF) when AGNC's price reaches SPO territory. I'm convinced that pps will drop by at least $1.00 post SPO. The Jan28 puts calculate to be worth the following:
I got in with 30 Jan28 puts for $.34. The stock price was $28.41. It might go higher, but I can't believe it will hold that price through Jan 20 with everything going on. I hope for an SPO before then, but I betting even without an SPO the stock price will go below $28 before OPEX.