Investment Ideas

Options Trade: New Residential: Why This 13.3% Yielder Fell 16%, And What Comes Next

Big-dividend mortgage-related REIT, New Residential (NRZ), is down 16% in the last few months while the overall market (SPY) is still up. This article explains why it fell, what will likely happen next, and we conclude with an attractive income-generating options trade that you may want to consider.