It could happen, but after the past few days it'll take a black swan and two amidalas.
I'm in for a passel o' Sep 25 calls. Makes up for eating light on the bottom prices last week. Literally. The calls plus the shares equal to my old long position. I'll have to swing-trade the next div, though, to make up for not having shares to collect it. Then, of course, short the SPO and go long after and lather the rinse repeat.
Yep which is why I dont bother shorting. I prefer options to limit potential losses only problem with AGNC was I couldnt find enough option volume to cover my entire position at $30.45 so I was forced to sell.
As for where AGNC goes from here... dunno. I want it to drop to $28.50... but it may not happen for me. Any lower would be highway robbery imho. i picked up NLY today which is trading near book and has a div coming at the end of the month. That is the blue light special today.