ETF Covered Calls 07-02-2009

First week of July closed with a big down slide and I’m not surprised.   The ETF-Cashinator was showing a great deal of volatility for July back in June and I’m sorry to report that August and September have officially gone trash.   July is still volatile and I don’t think we’re headed for greener pastures.

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2 Responses to ETF Covered Calls 07-02-2009

  1. Pingback: Did our first ETF covered call: UNG | Geographic Independence

  2. Option Maestro says:

    I have been writing covered call options on the leveraged ETF’s as they receive huge premiums and decay over time. It seems like it’s been a good strategy thus far for my portfolio.

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