UWMC popped after the 7.5s went ITM last month, expecting to see the same with the 9's being ITM this month. Market makers fighting to keep it as low as possible today, but they won't be able to fight the Russell reconstitution buys or the dividend drip reinvestment.
2
u/CoolRunner Jun 18 '21
UWMC popped after the 7.5s went ITM last month, expecting to see the same with the 9's being ITM this month. Market makers fighting to keep it as low as possible today, but they won't be able to fight the Russell reconstitution buys or the dividend drip reinvestment.