ETF Covered Calls 09-17-2010

OIH closed well above $103 so I will likely be assigned on my 4 $103 contracts and that is GREAT news!  I’ll be sitting in cash as the market continues to deteriorate.  The ETF-Cashinator is not showing much for October however November and December continue to show commodity resilience as metals, gold, steel, and oil are premium heavy.

I’m also seeing bets that small caps stocks might take the hit first so watch out!

Here’s the Google Link.

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