ETF Covered Calls 05-28-2010

I had been expecting a sell off in May and it’s come but I’m thinking it will now spill over into June based one the ETF-Cashinator reports and other economic news & data but who knows what will happen with this crazy market for sure.    I pledged not to trade until May was over but I did close out some of my shorted positions for a hefty profit and that technically counts as a trade.    I hope to close out other remaining options positions that have been nearly 100% profitable in SWN, FCG and DDM.

Here’s the Google Link.

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