Just entered with 50% of first day commitment on ARR. Will enter with remaining 50% on the close. Good luck to all Longs. Should be an interesting ride on ARR this month...;-)
OK looks like a good plan. Sold AGNC before X at a profit and bought ARR for divvy stream. Should rise now that SPO dive is over. No dead money with reit golden goose. Thanx for reminder. Buy in after SPO or after divvy payout.
I don't give two licks about management. All I see is a low to high to low to high to low cycle. Today is the low and X-1 is the high. Watch me as I trade these for a few rounds, then join me ....you are one of the smartest guys on this board. Take a look at these probability models.
Another interesting "tell" in knowing you are buying on panic selling in ARR is volume. Note yesterday and the day before. yesterday was like a mini spo at almost 4x daily volume and over 4% decline in PPS. These are great indicators that you are buying into panic selling.
Will there be more panic selling? No one knows. Have these exact same events had historic precedent for great times to buy in the past? Yes...;-)
Calls are a viable option(sorry). I have to pay too high a commission cf to shares. For those with a cheaper brokerage those 5s are golden as they can be had pretty close to Par.
I was even looking at the Apr5 Straddle of the Long 5 Call and the Long 5 Put. The 5 Put gives you cheap nickel protection in case the sky falls.