ETF Covered Calls 05-16-2008

Options Expiry is finally here! Much to report….I closed out my DDM/DDMEZ position yesterday in my mini account and some other activity:

In my arbitrage account, OIHER will definitely be assigned and my OIH shares will be sold at $190. My other positions, XXJEW, will expire worthless and I’ll get to sell more calls for June with XHB.

In my power account, my EEBEA calls will be assigned and my EEB shares will be sold at $53. Most of my accounts will have hefty cash balances and this is the position I like to be in going into the summer. Peak driving season, hurricane season and other world events have me positioned correctly.

It’s time to look forward to June ETF Covered Calls and here are this weeks ETF-Cashinator picks:

2008_0516.png 2008_0516b.png 2008_0516puts.png

ETF Covered Calls 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.


About Investor Host

ETF Covered Calls.
This entry was posted in ETF Cashinator, ETF-Putinator. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *



You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>