American Capital Agency Corp. Message Board
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OT - MWE
Couldn't agree more Doc. Picked up 100 April $57.50 for .95 - closed up at $1.30. And we have a way to go!
Sweet trade! You're only out .30!-
Hey Roy,
I added to MWE today as well. Averaged down my May 57.50s with some newly minted calls at 1.25; your .95 was stellar. Great catch! I now have a 59.62 BE, which looks plausible given MWE's history.
Cheers- 1 Reply to ddjim2
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Nice pick up Jim. See at $60! ;-)
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Hey Roy -
Are you sure you got the April 57.50? The May contract closed at $1.30, the April closed at $0.90 (I was watching the April closely because I bought 40 yesterday at $0.50; whoo hoo!). Either way, it sounds like you made a good trade, and I think you have more time than you posted for those puppies to run, too.
Cheers,
5X- 1 Reply to return5x
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Hey 5x
You're right, I miswrote - I meant to say the May contracts.
Yep, plenty of time on them as we head into their div month.
We should see a nice bounce this morning!
thanks and gl
R
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