ETF Covered Calls 08-15-08

Looks like SDS closed slightly under $64 so I won’t likely be called and hold on to the shares and premium :) . September $64 calls are selling for about $3.00 so that’ll mean another $1500 tumbling in on Monday when I sell 5 contracts.     Since it’s options expiry, I’ll update my positions on Sunday.   Here are this week’s ETF-Cashinator picks for September 2008, the large number of opportunities means the market will be extremely volatile over the next few weeks!
2008_0815.png   2008_0815b.png   2008_0815c.png   2008_0815d.png   2008_0815e.png   2008_0815puts.png

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