ETF Covered Calls

Another sardonic week in the Dow but who knows what next week holds. My mini account is now back in cash as I was assigned last week so I’m looking for some opportunities and XHB is very tempting right now . Here are the ETF-Cashinator picks for this week:

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.

It’s options expiry and it looks like all my calls in my power account expired worthless which means they’ll be opportunities (hopefully) for more profits in the future.   I banked the full $2900 on the calls I sold about a month ago on EEB and DXD.  I’m not concerned about DXD being down because all it takes is a major event to send the Dow spiraling down again and I’m sure it’s going to happen before summer hits.

In my mini account I did get called out at $72 as DDM closed at $72.57 and I had originally bought in at $72.30 so I’m taking a $0.30 loss from the original $3.60 I made so I’m walking away with $3.30 x 200 in profits!

It’s time to look at April and here’s what the ETF-Cashinator has selected.

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 have to tell you I’ve been rolling on the floor laughing my butt off with this market.  One day it’s down 300 points, then it’s up 400 points then it drops back down 200 points.   What a roller coaster and it’s a good thing there’s no emotion in my investment strategy because profits roll in either way.    Be careful out there and here are this weeks 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.

 Another down day, no surprises here and it’s one of the cornerstones of the ETF Covered Call methodology.   Bankable profits when the market rallies and premium profits when the market drops.   The market is at the edge of the cliff right now and it could fall over but I’m locked in until options expiry at this point.    No turning back, no retreat no surrender.

Here are this weeks 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.