Looks Like Rising Big Trade Bets on Genworth [View article]
The volatility on GNW was starting to move a couple of weeks ago. On May 19, we grabbed the shares at $5.55, and wrote the June 5 calls for $1 each. Static and called returns of 9.9%, annualizes to 111%, with downside protection to $4.55.
Looks Like Rising Big Trade Bets on Genworth [View article]