ETF Covered Calls 06-12-2009

Talk about a long road to walk….the ETF-Cashinator is showing the same thing as last week: June and August expiry looks “normal” while July looks terrible. I still can’t make it out and since there is only 7 more days before June expiry, we’ll know soon enough what’s up with July. OIH is holding nicely above $110 and I hope it stays up there at least a few more weeks (July expiry)!

Here is the ETF-Cashinator and note how thin June high yield etf covered calls are and that’s the way it should be:

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