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

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.

© ETFCoveredCalls.com

About Investor Host

ETF Covered Calls.
This entry was posted in ETF Cashinator. 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Your email address will not be published.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>