High Yield ETF Covered Calls as of March 2nd 2007

It was a brutal week but you can’t say you weren’t warned.  Too many people got too greedy (as usual) and got burned.  It’s never good to see people suffering so to cheer you up, I’m posting this week’s ETF covered calls along with ETF Naked Puts.   I use the ETF Naked Putinator to give me some indication of some possible troubled areas.  For the past few months FXI was so red hot in the Naked Putinator that I stayed away from trading Covered Calls on them.   FXI is still hot along with a few others.  Check them out and be careful out there!

2007_0302.png  2007_0302puts.png
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