ETF Covered Calls

We’re back to August like trading days.  The ETF-Cashinator is kicking out every ETF with good probabilities which means the market will be highly volatile for the next few weeks until February expiry.  Here are the top picks….

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.

Bloody hell!  How can I turn down close to $3000 in profits with 25 days till February Expiry!   I picked up 1000 shares of DXD at $60.60 and sold February $62 strikes at $2.85 to rake in close to $3000.00 in profits!

If the Dow tanks I’ll profit more, if the Dow recovers, my options will expire worthless and wait for the next down turn to unload.   I hope it’s a win-win for me.

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.

What a bloody week!  My bet on SDS paid off as I’ll get called and make a few hundred bucks more on top of the $1200 I already made.  On the flip side, my EEB options expired worthless so I’ll look for opportunities to profit on a bounce.

Here are this weeks ETF-Cashinator picks.  Be careful out there!

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 weeks’ ETF-Cashinator picks.  Good luck in this crazy market.

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.

Back in December I sold OIHAR for $5.00 and today I closed that position for $0.40 to net a profit of $4.60. OIH has been bouncing sporadically and I’m going to try to resell those January strikes (OIHAR) next week for some additional profit if OIH bounces back high next week. It’s a gamble but I’ve banked a 90% profit on the options now anyway!

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 some easy profits here despite my better judgement to sit in cash.  I picked up 700 shares of EEB @ $52.60 and sold January $53 strikes for $1.00 to rake in ~$700.  I also bought 1000 shares of SDS @ $58.75 and sold the January $59 calls for $1.20 to rake in $~1200.   Overall I made close to $1900 (1.88% return) with only 5 business days to options expiry!

I’ll update the tables and run the ETF-Cashinator this evening and post the results.

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.

Looks like moving to cash paid off as the is now Dow down over 400 points in the last couple of weeks. With only a couple of weeks to options expiry I am very tempted to get back in for some quick profit but the market may slide some more and if the down slide snowballs we could have some major problems.  Energy play seems stable at the moment.  In any event, here are this weeks ETF-Cashinator picks:

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.