I couldn’t resist some easy profits here despite my better judgement to sit in cash. I picked up 700 shares of EEB @ $52.60 and sold January $53 strikes for $1.00 to rake in ~$700. I also bought 1000 shares of SDS @ $58.75 and sold the January $59 calls for $1.20 to rake in $~1200. Overall I made close to $1900 (1.88% return) with only 5 business days to options expiry!
I’ll update the tables and run the ETF-Cashinator this evening and post the results.
This website is for educational and entertainment purposes only. Any investment activity is not without risk including loss of principal. Neither this website nor its 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 performance.