ETF Covered Calls 09-12-08

Another crazy stock market week.   WAMU is on the verge of having it’s stock head to zero.  Lehman is being shopped around so things may get ugly here for a bit.   UYG is still tempting but SKF still shows strong on the ETF-Cashinator.   I’ll hold off until the Fed decision next week before any more trades.

2008_0912.png   2008_0912puts.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, ETF-Putinator. Bookmark the permalink.

2 Responses to ETF Covered Calls 09-12-08

  1. The Travelin' Man says:

    Well, I am about flat on UYG stock price since my purchase, but have a nice $140 in my pocket already with a week to go until expiration. I am still happy with where this position is, as it sure looks like it will trade within an acceptable range for me over the next week.

    Unfortunately, I will not have much time to monitor things too much, as I am about to hit the road for two-plus months of business travel and my personal effort to stimulate the national economy on my boss’ nickel! :-) Between now and Oct. 9, I hit PHX, DAL, NYC, SEA, PDX, DEN, NYC (yes, again), MEM, and LIT (I hope you speak airport code!). Needless to say, I should be able to requalify as elite on this trip!

    I will try to check in periodically, but don’t think that because I am not posting that I am not interested in the research that you are doing here. Keep up the great work.

  2. RichSlick says:

    I speak airline: Phoenix, Dallas, New York, Seattle, Portland, Denver and New York.

    Funny that about 10 years ago I was on the nearly exact same circuit except I added Austin and Virginia beach.

    Now I’m on the Africa, Asia, Europe, South America , Middle East and North America circuit.

    Congrats on UYG, I might get in after the Fed meeting next week. I’ll probably sell naked puts though but we’ll see how Monday market plays out.

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Your email address will not be published.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>