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American Capital Agency Corp. Message Board

optionjunkie88 7 posts  |  Last Activity: Apr 23, 2015 5:56 PM Member since: Sep 15, 1998
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  • optionjunkie88 by optionjunkie88 Mar 13, 2015 6:18 PM Flag

    Entered at 95 cents for a hopeful trade. "Like options without expiration dates" I told myself!

    After a few weeks of misery, I finally decided that BK must be leaked, so I decided to take a 50% loss, rather than 100%... Bailed this morning at 45 cents... Feeling sorry for all of the long term holders that have owned this from much higher levels as an investment, and hope it does turn-around for your sake.

    GLTA

  • Reply to

    A word about gaps

    by dreamcrusher666 Apr 23, 2015 8:06 AM
    optionjunkie88 optionjunkie88 Apr 23, 2015 5:56 PM Flag

    I completely agree. It will gap up on good earnings for a day or two, and then slowly close the gap to the downside over the next 2 months, while it is getting positioned for a new earnings announcement.

    Personally, I love this stock. It is my favorite swing trading stock...

  • Reply to

    Bid $101...?

    by highlowsel Feb 3, 2015 4:52 PM
    optionjunkie88 optionjunkie88 Feb 3, 2015 4:54 PM Flag

    I picked up some too... Was kicking myself that I sold at 105 before the earnings, and considered this a gift after hours, especially in lite of their excellent release!

  • Reply to

    Just about ready to move on

    by weachter Apr 22, 2015 3:07 PM
    optionjunkie88 optionjunkie88 Apr 22, 2015 7:30 PM Flag

    Have you considered trading against a core position? I used to do this until I decided to simply buy and sell larger positions each quarter...

  • Reply to

    Just about ready to move on

    by weachter Apr 22, 2015 3:07 PM
    optionjunkie88 optionjunkie88 Apr 22, 2015 6:53 PM Flag

    Sell now, buy again when it comes down to the low $2's, and sell at $3-4 when it runs up into next quarters earnings...

    Been trading this stock "quarterly" like this for 3 years and it never disappoints. Check out the charts!

  • Reply to

    Just about ready to move on

    by weachter Apr 22, 2015 3:07 PM
    optionjunkie88 optionjunkie88 Apr 23, 2015 5:52 PM Flag

    Trading around a core is slightly different. You always hold a core position, let's say 5K shares.

    Then if it drops to support (which it often does) you add 5K more shares, or double you position with the intent of selling those shares when it goes back up.

    ARTX typically "runs up" into its earnings. You sell the 5K shares MINIMUM when it runs up.

    In this manner, you are both swing trading on 5K shares, and always hold a long "core" position of 5K shares.

    Alternately, you can do what I now do. Hold 0K shares and if is drops to support, but 10K shares and then sell all shares on the run-up. In both cases, the amount being risked is 10K shares. In the first scenario, you will have less potential gain, but you will always have a "core position" should ARTX take off...

  • Reply to

    anyone got out before earning?

    by kimiabreen Feb 3, 2015 4:55 PM
    optionjunkie88 optionjunkie88 Feb 3, 2015 4:56 PM Flag

    I did, and just got back in at 101 AH...

AGNC
21.58-0.02(-0.09%)Apr 24 4:00 PMEDT