It’s Thanksgiving Holiday and I’ll be celebrating with friends and family as most of you will but before I’m off to stuff myself I decided to power up the ETF-Cashinator™ to see what ETF Covered Call opportunities exist for December 06 and January 07.
Because the volume of information I deal with is so great, I have to break down the reports into two separate databases and run the reports separately so you’ll usually see two reports. I am in the process of consolidating so please be patient.
As of Wednesday night November 22nd 2006, the ETF-Cashinator™ highlighted these potential high yield returns on these select ETFs.
For December 06, XHB (Hombuilders ETF) is yielding a little over 3%.
For January 07, XHB and SMH are yielding between 3% to 5% depending on the ETF appreciation. But the hottest ETF is still GDX where January 07 calls in-the-money or near-the-money are returning 3.75% to 6.6% depending on the appreciation.
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