One month later, I’ve forgotten about loading up on that! Seeing that Ms is considered TBTF those both look OK. Sell the Q and buy the P? Lol maybe for trading positions…
They also have F, E, I, K… I think, are all past call dates. While little upside besides coupon, downside may be very limited. It seems nobody is cautious right now. I sense we may have an incident in near future that could refocus our attention on credit risk!
Jimmy,
Q has call protection. And possibly more upside. F has nothing but coupon.
For some reason this one has gotten away from probably most of us. I wanted to buy some but refuse to pay the current price of $26.67.
One month later, I’ve forgotten about loading up on that! Seeing that Ms is considered TBTF those both look OK. Sell the Q and buy the P? Lol maybe for trading positions…
They also have F, E, I, K… I think, are all past call dates. While little upside besides coupon, downside may be very limited. It seems nobody is cautious right now. I sense we may have an incident in near future that could refocus our attention on credit risk!
Sell the Q, buy the F.
Hmmm m……. Well seeing Q has rallied from 25.5 in three weeks, that is, a really good trade Jimmy