ETF Covered Calls 08-20-2011

We’re entering no man’s land in this market.  I can’t make heads or tails of the ETF Cashinator report.   On the surface, it looks normal but when I look at the high yields on calls the bets seem too bullish for 27 days out (September expiry).   The puts don’t look any better and the best guess I can make is a directionless market.   Think of being in a small boat in a turbulent sea!

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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ETF Covered Calls.
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