American Capital Agency Corp. Message Board

the more i look at the trade the more i sweat for you/.

Here's to $33 or higher. It would be good for me too. I chickened out and sold my shares near the recent low, then sold some Dec 30 puts on Friday hoping to break even.

Eight trading days to go .. nice move up today on Monday .. Xion calls could still win big .. just need that $1.25 div announced & all should be well .. at $33.00 per share ..

Sentiment: Strong Buy

Suggest that you start saying a few Hail Mary's and our Father's

"We're all just one trade away from humility"

Lou Mannheim: Man looks in the abyss, there's nothing staring back at him. At that moment, man finds his character. And that is what keeps him out of the abyss.

Best wishes to Xion and those who went for the home run. Fat lady has not sung yet.. but GL to you.

I bet you are really wishing you did the vertical put spread instead. Sorry for your loss, Xion. Theres always 10 years from now when you've saved up another 300-500k. Unless of course i am way off and you make millions each year. Then good for you. Just don't do anything stupid. It's only money. Life has so much more to offer. I am short the 30 puts and long the 29 puts for december in AGNC. 160 each side. I plan to SELL the 29 puts i purchased if the stock drops to the 29's... and let myself get the 16,000 shares of stock at $30.. So long as nothing materially has changed. $51,200.00 gross per year of dividends coming from agnc next year i figure.. at 0.80 per quarter... equal to $3.20 per share. From there i would sell the covered calls.. probably the $32's.. for some lucky guy to buy from me hoping for another run to $35s.. Probably pick up a $1/share for that.. exiting the trade at $33 for a net capital gains profit of $48,000.00. It pays to have patience. Best wishes.

Xion - I'm feeling your pain .. Just not as bad .. I bought the March 31's .. @ 1.50 Why would anyone risk that much on such a short time period .. I'm also thinking of buying the Jan 2014 32's calls .. & still keeping most of the powder dry .. for better times to get in .. I'm hoping your on target w/ those Dec 31 calls .. Rich

Sentiment: Strong Buy

Don't forget to say your Hail Mary's and Our Father's.....

I wish you nothing but the best,hope you make a killing.
I made a mil+ in a similar way with GS... one caveat, the Tax man

I think you'll make your first million Xion.

I'll be joining you soon. I'm not buying this optimism. I think Obama has nothing to lose by playing hardball and if the Rep. cave in, they're not getting elected in 2014. I just bought a bunch of FB puts.

So we might see 30.15, and I have GTC orders set. We still have 3 weeks to div announcement. 33 is coming if div is cut to 1, if div is maintained, then 35 baby. :)