ETF Covered Calls 02-12-2010

Only 7 more days till February expiry and the ETF-Cashinator is showing tremors which may lead to a catastrophic earthquake in the financial markets.   Back in January I was seeing an increase in xolatility for February and March and predicted a Dow slide down and now I’m seeing an extension and increase into April of the same xolatility.  It is an indication that there may be a sudden jerk up or down in the market and I’m still biased to the down side.  The big news is sovereign defaults and a domino effect of cascading defaults which will plunge all into darkness but there is always hope.

Here’s the Google Link.

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