ETF Covered Calls 07-10-2009

What a mess!   The ETF-Cashinator is showing trash for August and September covered call options (and beyond) so we’re back to square one.  My OIH seems to have dipped way below $110 and my options will likely expire next week.  I still have hopes for a rally during hurricane season to cash out.   Things aren’t looking good from the ETF-Cashinator standpoint.

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ETF Covered Calls.
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3 Responses to ETF Covered Calls 07-10-2009

  1. Kidgas says:

    I like writing covered calls on my ETFs, but you gotta watch out for the ETFs using leverage.

  2. Rich says:

    Leveraged ETFs have their place, you need to use them wisely.

  3. Option Maestro says:

    I wrote an article about leveraged ETF’s which demonstrates how the decay in a flat market. If you’d like to read it check it out on my blog at:

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