It's been stuck at this price for about an hour now (plus minus 1 cent almost the entire hour). Do you guys think this is it for the dividend run? I'm out of my calls, but wondering if I should ditch all of my short puts too as well (which still have almost 0.10 in time value in them)
I sold some AGNC this morning at 31.70.
I was holding out for a little higher, but took your lead and sold most of the rest at 31.65pps.
I also sold my AMTG at 21.25pps today,
but I'm still in WMC until at least tomorrow sometime.
Good luck all,
Looking at last year's divi run from Dec5, 2011 to Dec 20, 2011, it too was flatter than a pancake. No surprise this year. Price appreciation did not occur until late January 2012,
Sold everything except my Jan32 calls... Will sell at open tomorrow, unless it gaps down in which case I will probably just ride them out to expiration... Got out with a small loss, but like Doc, I am going to 99% cash until the New Year.
Same deal for me, sold my Jan 29s and 31s going into the close, finished just about BE, yesterday sold my PSEC Calls and stock as well as NYMT stock, all just above BE.There just didn't seem to be any kind of Divy run in any of them. Still holding WMC stock and they popped nicely on the Divy news, but remained flat the rest of the day. Once I sell WMC stock I'll be all in cash. Lets wait and see how this sector shakes out this Spring.