GDX, XLE & PBW 5% Returns for December

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.

2006_1103.png 2006_1103b.png

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.

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