Monthly Archives: October 2008

ETF Covered Calls 10-31-2008

November expiry is 21 days away and if you think this week’s rally means it is an uphill climb from here you might want to think again… The ETF-Cashinator kicked out over 10 pages of ETF’s with extreme premiums.  The … Continue reading

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ETF Covered Calls 10-24-2008

Another bloody week in the stock market.   The next 8 stock market days will be remembered forever from my perspective but we’ll need to wait and see what happens.   The ETF-Cashinator cranked out a ton of investment ideas and I’m … Continue reading

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DUG Options Crazy

I’ve been keeping an eye on DUG this week and the option premiums are crazy.  Warning:  This stock has been swinging wildly $8 to $12+ more daily and is highly correlated to the price of oil.   With OPEC meeting later … Continue reading

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October 2008 Expiry Update

Here’s an update on my current positions. Arbitrage Account: Own 400 XHB @ cost of $22.72 : XHB closed at $14.30 (position at -$3,368.00) : Cash Flow $2,058 Note: I own 400 shares of XHB with 4 contracts for Dec … Continue reading

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ETF Covered Calls 10-17-2008

October options expiry is here. Where do we go from here? Who knows, I’m relieved that my 500 shares of DUG will be a forced sale at $42 and I’ll be in cash again in my arbitrage account. It also … Continue reading

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