Fri, Jul 25, 2014, 1:40 PM EDT - U.S. Markets close in 2 hrs 20 mins

Recent

% | $
Click the to save as a favorite.

American Capital Agency Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • gniognat gniognat Nov 17, 2012 4:45 PM Flag

    OT - BMY

    Why BMY since its Yield is only 4.40%?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Hi Gniognat,

      A lot of the AGNC folks trade BMY for one reason only....its consistent dividend run from one month out to EX. A lot of us just look at historical runs and then see the percentage of wins over a given period.

      Last time I looked I think BMY is over 90% positive(.50, or higher, one month out, on the run) for the past 15 quarters, often running 2-3 dollars on a 32 dollar stock.

      Another nice thing about BMY is that the spread is so tight..just a cent or two, between bid/ask. I ran a few hundred 30/31 or 29/30(I can't remember)Bull Call Spreads last run for 7-10k profit, I believe. I was able to unwind them so neatly as the PPS climbed, because the spread was really tight. Try that on mReits or MLP's...no deal on most.

      This run might be more tenuous as we have this wall in front of us, Jan 1st....

      Good luck,

      DocReits

 
AGNC
23.59+0.14(+0.60%)1:39 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.