fyi- I dumped last week (MLPs) for bout 60% loss. Conversely I hope we have a nice run-up with the Reits this next time around, make some of the loss back. I'm hanging my hopes on WMC and AGNC, I dipped in a bit last week (some Jan Calls and equity) but not too much exposure til post elections, then layer in on any big dips.
I feel the same about AGNC. Even though people do a lot of tax loss selling at the end of the year, they won't sell a 15% earner for a tax loss. I'm thinking the dec run for AGNC will be big and I'm putting my money in ITM march calls.
After doing DD in the MLP sector (which I should have done before losing thousands of dollars), there's no reason to put money into them again. It's a weak sector driven by the commodities market for pricing and heavy capital costs for infrastructure. No thanks...
Agreed completely. There are so many more "fun" ways to trade. My tactic now is to wait till nov 9, and buy FB puts, then buy more and more on any upward movement. Then hopefully the week after agnc does an offering and then bang for agnc calls or FB calls or chk calls. So many options, not enough money :). Slow and steady though. Good Luck and win a lot.