ETF Covered Calls 03-19-2010

It’s March Expiry!  It looks like OIH closed above $120 so I’ll be assigned and in cash on Monday which is a good thing.   Unfortunately, my UUP call options expire worthless and I just flushed $1,300 down the lou.  The rumor mill says things may get ugly really quick next week but who the heck knows anymore.    All I can do is see what the ETF-Cashinator is cranking out and it’s nothin’ but pure xolatility as far as the eye can see….

Here’s the Google link.

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