If you haven`t bought the last breakout before the earnings: Then you should know that looking at the ORCL Oracle Corporation options chain ahead of earnings, i would buy the $78 strike price Puts with 2022-12-30 expiration date for about $2.49 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking...
Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized...
At current prices ($5.83), ORC yields a ~16.5% dividend. ORC is creating a nice wedge pattern and seems to be seeking a bottom. Would you buy or sell at these prices?