ETF Covered Calls 06-26-2009

July expiry will be here sooner than we expect as next Friday is a holiday and short week. The ETF-Cashinator still shows some level of volatility but it’s tapered off a bit. I’ve been keeping an eye on OIH and it’s back down below $100 so I may not get to cash out after all but what a ride! Most of the ETFs I track have been fairly static and it’s becoming stable and repetitive enough that I am seriously considering getting back in the game from here. I’ll see how July pans out and if it looks good, I might get back in the game in August.

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