It’s ETF Covered Call Report Friday and GDX & XLE & PBW continue to be hot for December Calls. Today’s ETF-Cashinator™ report shows a 4 pct to 5 pct return range for buy-write transactions on December 06 Calls for in-the-money trades. A slightly more conservative ETF IWO (Russell 2000 Index) is yielding 4 percent also. Click images below to see reports.
A word of caution: Both of these ETFs have been trading with a great deal of volatility lately and could come slamming down if the Fed raises rates at their December 12th meeting or OPEC does something interesting after the US election.
This website is for educational and entertainment purposes only. Any investment activity is not without risk including loss of principal. Neither this website nor it’s authors assume any responsibility arising from the use or misuse of any information presented in this blog. You are urged to contact a financial adviser before making any investment decisions. Past performance is no indication of future results.