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Thursday, January 11, 2024 4:21:26 AM
kthomp19
Re: DaJester post# 777906
Friday, 12/22/2023 11:44:06 AM
For some more transparency, I closed both legs of this trade earlier this week. I sold FNMAO for $3.77 and covered the FNMA short at $0.724. That's about a 23% gain on FNMAO and a 2% loss on FNMA for an overall gain of roughly 20%. Not bad, even though FNMAO's bid is $4.19 right now so I could have done even better.
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