We didn't get the good news we needed from DC. Market's afraid we're going over the cliff.
Short run fizzling unless we get extraordinary news tomorrow morning. It'd still be too late for my Jan 33's I am afraid. They're worth practically nothing I might hold and see what happens next month. Maybe we get a bounce from a FC deal or the Jan effect tho I doubt it.
I hate giving House money back but you can't win'em all. In the meantime I'll stay in 95% Cash.
All in all this year's been a good one, doubled my original start of the year position.
Had a super great year going until this trade but I'm not going to cry over it .
I knew I was swinging for the fences. It was worth the shot. It would of been a World Series win for me. And I had the most fun a guy could have in his pajamas all day! Lol!
I'll be back next year for another adventurous year of trading options!
And though you jilted me this time - I still love you AGNC :-)
Thanks to the Board for all your help this year and Happy Holidays!
Roy
Ps
(Foxy, I saw your remarks earlier on TC. Somehow disappeared from the board.
RSI is showing overbought and the MFI is showing that money is leaving the stock.
Be Very Careful with this one!)
Sentiment: Strong Buy