The masses are flocking to AGNC...18 million share volume
There’s a great movie staring Richard Dreyfruss, Teri Garr, and Jennifer Tilley called Let-It-Ride. It’s about a guy who goes to the race track and bets on the winning horse for each race of the day. Each time he puts all of his money on the next horse, thus let it ride. He goes to the same window to place his bets and each time the clerk tries to talk him out of putting in all his money. When it come to the final race and Dreyfruss puts all of his winnings on his pick, the clerk looks at him with admiration and says, “You’re my hero.” You have to watch the movie to see how it comes out.
I’ve got a lot of money riding on AGNC and MTGE this quarter. I bought in after the SPO in March with ITM Sep Calls and have been profitable for a while. I hope you come out a winner this time and become the hero for this quarter.
But please, use a little sense next time and buy call options out beyond the next Ex-div and a little more in the money. It’s one thing to watch a movie, and another to watch real money be at risk. We want you around this board for a long time.