I’m waiting for the investigation to begin into these leveraged ETF’s. So much volume so much cash -where is all this money coming from? Who’s behind these trades? In any event the ETF-Cashinator report doesn’t look good. It’s garbage again and I’m holding OIH and cash as my investments at the moment. I expect OIH to pop up above $103 soon and I’ll sell September in the money calls as soon as that happens.
Here’s the Google Link.
ETF Covered Calls website is for educational and entertainment purposes only. Any investment activity is not without risk including loss of principal. Neither this website nor its authors assume any responsibility arising from the use or misuse of any information presented in this blog. You are urged to contact a financial adviser before making any investment decisions. Past performance is no indication of future performance.