Seeking Alpha
  • REIT Analyst
    $HTS down 10%, that makes sense. $AGNC down $2.5%?? Market blindness creates opportunities but it is annoying.
    7/24/13
    Reply (10)
    • jennypenny: Yeah, I'm kinda tired of all of these 'opportunities'
      7/24/13
    • William Packer: Hedges looking good today, treasury down more than mbs. Volatility is back in full swing though. $AGNC may take a crack at $20 by weeks end
      7/24/13
    • REIT Analyst: Especially if I am right on CMO...
      7/24/13
    • William Packer: Only 5.8% drop but the income is really low at 0.27.the company's spread shrank 15 bp. The risks of cmo are just not worth the reward.
      7/24/13
    • William Packer: All eyes on jobless claims and 7 year bond auction tomorrow.
      7/24/13
    • REIT Analyst: Yeah, AGNC was up earlier in afterhours!
      7/24/13
    • William Packer: REIT, after hours is meaningless. I doubt AGNC gets any kind of movement with CMO. It's all about the jobless claims and bond auction.
      7/24/13
    • William Packer: Long 18,000 shares of $AGNC and 180 Weekly $21 put options @ 0.10 cost.
      7/24/13
    • William Packer: I also still hold longer dated options.. 500 $20 December calls on MTGE @ about 50k cost average.
      7/24/13
    • William Packer: Sold 180 puts @ 0.16 today for 21 strike weeklies. Yay for market volatility.
      7/25/13