ETF Covered Calls 06-04-2010

Ugly! Ugly! Ugly!   That’s what the ETF-Cashinator is saying about June AND July.   The puts look particularly ugly for July so maybe something will happen in July but it’s bad enough now in June.   Although May is over, I’m largely sitting in cash buying back calls that I sold high back in January.   I’m not sure if I’m willing to invest in this market right now with the global financial economy on the verge of collapsing again.    Only time will tell.

Here’s the Google link.

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