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Kevin Walmsley » Comments » GNW

  • 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.
    Jun 01 19:20 pm |Rating: +2 0 |Link to Comment
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