ETF Covered Calls

Wow.  USO dipped down to $50 then spiked above $53.  Up market or down market, ETF Covered Calls is making money for me.  We’ll see what happens over the next three weeks until options expiry.   In the meantime, with the Fed meeting over and no change in the Fed rate, all the action seems to be in the “BRIC” countries (Brazil, Russia, India, & China).  Speaking of China, it’s still in the stratosphere!  Man FXI has been red hot for 12 consecutive months now!  Too hot for my tastes though.  I might get back in the game with GDX in my mini-account.   We’re mid way through the year so here’s a special posting of ETF Covered Calls, Energy Covered Calls and Naked Puts.

   
This 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.

Here are this week’s high yield ETF Covered Calls.   I’ve included the ETF-Putinator too to see where the gloom and doom might sit.  Looks like there is a lot of betting that FXI (China) is going to tank in a few months.

This 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.

The best of the bad expectations for the rest of the year?  The ETF-Putinator shows the hottest Puts through November 07.

This 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.

I couldn’t resist. After vowing to sit in cash until after the Fed meeting, I ran the ETF-Cashinator and saw too many opportunities for profit. I bought 800 USO at $52 and sold the July $52 strikes (at-the-money) for $1.70. I pocketed a cool $1360 in profit or 3.2% profit with 33 days till Options Expiry.

This 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.

Wow, Friday was a roller coaster. I was on holiday but I kept an eye on the markets. I’ve just now updated the ETF-Cashinator and added RSX (Russia Vector ETF) thanks to Chris for letting me know it was now online. Here are Fridays, sorry about the delay, ETF Cashinator results.  As of now, I’ve been called/assigned on OIH and GDX which means I’m 100% cash.  I’m going to hold cash for now until AFTER the Fed meeting on June 28.  An interest rate hike will wreck havoc on these volatile markets so I’m sitting tight.  I’m holding on to my profits!

This 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.

I’ll be travelling this weekend so I won’t be posting ETF-Cashinator tomorrow. I’ll post the results as of today and hopefully they won’t change too much in one day. I’ve also modified the report to provide a description of the ETF and dropped the redundant column for expiration dates. I hope you like the improvement. Standard ETF Covered Calls and the New Energy ETF Covered Calls can be viewed by clicking the image.

This 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.

I’m giddy with excitement.  Next Friday is Options Expiry!  Will I get to sell July 07 Calls and make another $1000?  Only time can tell.  In other news, here are this weeks ETF Covered Calls highlights.

This 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.

For the summer, I’m going to start posting my Energy ETF Cashinator which focuses stictly on Energy as well as posting the more general ETF Cashinator. Remember, we’re looking for the optimum return on covered call options and over the summer, energy gets hot! A special thanks to Chris for letting me know that USO now trades options. Thanks Chris!

This 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.

June is here which means only two short weeks for Options Expiry. Will my OIH call options be assigned or will I get to make another 3000 in profit? Only time will tell! In the mean time, here are July’s best ETF Covered Call options. Gold, China and OIH are hot!

This 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 results.