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FOFreddie

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Re: JOoa0ky post# 751168

Sunday, 03/19/2023 11:26:06 AM

Sunday, March 19, 2023 11:26:06 AM

Post# of 798427
GSE equity are long dated exotics options on the finances and politics of the GSEs. Ackman is right about this. The strike price will be determined by a combination of legal and political outcomes. The legal component for fixing a strike price is probably shorter dated with the outcome of the Collins case probably most determinative.
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