My AGNC $32 June Calls are red, but my MTGE $22.50 June Calls are still green. I don't know what will happen. All I know is that within 2-3 weeks the dividend announcement for both AGNC and MTGE will be made, and things should turn around (I'm hoping it does and praying it does).
I was lucky enough to sell most of my Sept 30 calls last week.
Buying calls here is risky for sure given the market action but if it goes sub 30, I will complete the 401K purchase of common and buy calls.
Looks like Japanese market tanked again too. I am wondering if we have another 2009 coming here.
I had my A** handed to me in MCP, still holding- longer term is good but I bought too early. Was anticipating the 50/100/200 average thing doc suggested and got burned before the lines actually crossed