I finally liquidated my position in EXPE reducing my profits to a mere 1 pct but I’ve made up for some of that buy purchasing 1000 shares of SMH at $34.25 and selling 10 contracts for January 07 $35 Calls for $0.85. I raked in 2.5% ($832) profit and if I get called at $35, I’ll earn a total of 4.7% ($1582) return for a 42 day investment!
Later this evening, I’ll power up the ETF-Cashinator™ and publish the results.
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