MFA Financial Inc. (MFA) – Self-advised REIT business, MFA Inc. attracted a sizeable option trade during this morning. The share price of this company, which dabbles in hybrid and adjustable rate mortgages, is lower by 1.1% at $7.96 today. One investor made a 20,000 lot option play using in-the-money call options set to expire in 12 days time. We can see a large chunk of stock trading at the same time, but can’t tell what this investor’s motivation is. The calls changed hands at 45 cents and represent three-times the current open interest in all options on this company’s shares, just to give you a sense of the magnitude of today’s activity. We are left guessing that the investor behind today’s trade is a bull and looking to lock in to buying rights on this company in the expectation they will remain in-the-money when it comes to expiration.
clipped from seekingalpha.com
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