{"id":48215,"date":"2017-03-09T21:23:00","date_gmt":"2017-03-10T02:23:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=48215"},"modified":"2025-07-15T21:24:50","modified_gmt":"2025-07-16T01:24:50","slug":"bmo-pr-c-achieves-healthy-premium-on-enormous-volume","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=48215","title":{"rendered":"BMO.PR.C Achieves Healthy Premium on Enormous Volume"},"content":{"rendered":"<p>BMO.PR.C settled today, but the company did not issue a press release.<\/p>\n<p>BMO.PR.C is a FixedReset, 4.50%+333, <a href=\"https:\/\/web.archive.org\/web\/20220122093118\/http:\/\/prefblog.com\/?p=34409\">announced 2017-2-28<\/a>. It will be tracked by HIMIPref&trade; and has been assigned to the FixedResets subindex.<\/p>\n<p>The issue traded 2,599,232 shares today in a range of 25.30-34 before closing at 25.30-31, 212&#215;5. This volume ranks it 14th on the &#8216;all-time&#8217; (in my database) top volume days, but only fourth in the past year. Vital statistics are:<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<td>BMO.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-05-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.30<br \/>\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Implied Volatility analysis suggests that the issue has become a little expensive as the derived theoretical price is 25.03. <\/p>\n<div align=\"center\"><a href=\"https:\/\/web.archive.org\/web\/20220122093118\/http:\/\/prefblog.com\/wp-content\/uploads\/2017\/03\/impVol_BMO_170309.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20220122093118im_\/http:\/\/prefblog.com\/wp-content\/uploads\/2017\/03\/impVol_BMO_170309-300x247.jpg\" alt=\"impvol_bmo_170309\" width=\"400\" height=\"329\" class=\"alignnone size-medium wp-image-34488\" srcset=\"https:\/\/web.archive.org\/web\/20220122093118im_\/https:\/\/prefblog.com\/wp-content\/uploads\/2017\/03\/impVol_BMO_170309-300x247.jpg 300w, https:\/\/web.archive.org\/web\/20220122093118im_\/https:\/\/prefblog.com\/wp-content\/uploads\/2017\/03\/impVol_BMO_170309.jpg 619w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\"\/><\/a><br \/><i>Click for Big<\/i><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BMO.PR.C settled today, but the company did not issue a press release. BMO.PR.C is a FixedReset, 4.50%+333, announced 2017-2-28. It will be tracked by HIMIPref&trade; and has been assigned to the FixedResets subindex. The issue &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-48215","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48215"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48215\/revisions"}],"predecessor-version":[{"id":48216,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/48215\/revisions\/48216"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}