ETF Covered Calls 10-17-2008

October options expiry is here. Where do we go from here? Who knows, I’m relieved that my 500 shares of DUG will be a forced sale at $42 and I’ll be in cash again in my arbitrage account. It also looks like my UYG shares in my mini account will be assigned too! My other accounts hold large paper losses in addition to increase in positive cash flow this month. I’ll be updating my positions on Sunday. Here are the results for the ETF-Cashinator this week and it’s a doozy; the market will be volatile on steroids for the foreseeable future based on this report.

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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.

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