Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

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Financial 15 Split Corp > For the curious

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Post by Donwaan on Dec 14, 2023 7:53pm

For the curious

Traders brace for chaotic triple witching Friday as $5 trillion in expiring options collides with index-rebalancing mania. Already, trading volume has been trending higher all week. https://www.marketwatch.com/story/traders-brace-for-chaotic-triple-witching-friday-as-5-trillion-in-expiring-options-collides-with-index-rebalancing-mania-1b4c4791?mod=home-page

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Comment by NoShoesNoShirt on Dec 14, 2023 9:07pm

Witching might be a giant upwards event. Lots of options expiring worthless definitely going to be extra volume. And thanks for the reality check on real estate, this might still be a bulltrap.

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Comment by Donwaan on Dec 15, 2023 12:45am

Yes, the potential for a possible bull trap may be why the market is hesitant to give FTN a bigger premium. As always with investing there are known unknowns and unknown unknowns, to borrow a Donald Rumsfeld phrase. GLTA

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Financial 15 Split Corp