Thank you AGNC. First trade this past month netted 2.10 per share, I just bailed the latest trade at 31.48 for another 1.11 net. I'll take 10% in a month for 2 quick trades any time! Sometimes actually buying the shares does pretty good ;o) GL2A
I'm looking to layer out right now too, buying back some of my 32/31 put spread for 0.49 (trying to right now at least), and sold all of my MTGE calls because it seems like no run is coming from that. I still think the top for AGNC will be tomorrow or Friday, so I'll continue to slowly layer out over these next 3 days.
Out today on about 100 37/30 Put Spreads. Assigned on about 5,000 shares @ 37.00. Will ride those plus any more assigned shares until Friday's open. Holding many more. Might divest if more strength tomorrow. We're not done yet.
And it may well edge up a little more. It seems investors may already be pricing in a drop to 1 buck. At 31.50 drop the 1.25 dividend and you get 30.25. At 4 bucks/year that gives a yield of just over 13%