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To: candsrr who wrote (109047)	7/9/2012 11:24:22 PM
From: Elroy	Read Replies (1) \| Respond to of 118717

I thought about selling july $7.50 ARR calls yesterday, but didn't because the commission on low priced calls is too high for me. You sell calls for a dime, and the commission is 1.5 pennies, not sure if other discount brokers have better rates, but mine doesn't. Too bad, would have been free money. I really don't get why AGNC, with a share price around $35 and last reported book value of $29 is not doing a secondary. Someone said because the yield curve has flattened? It has been flattening for two years and that hasn't stopped them.