ETF Covered Calls

All signs continue to point to a January meltdown (or possible rally) although I think a meltdown more likely given the crisis in Greece, the spreading yields on Italy, Ireland, Portugal against German bunds as an indicator we’re on the edge of the cliff about to fall off.   To put my money in my mouth, I’ve been buying 100 share blocks of FAZ and selling calls for November, December, and January.   I’m raking in the cash and hope to get called out if the market stalls out and dives.    The xolatility is pretty high for January so we’ll see if my thesis holds in a couple of months!

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

Here’s the link to ETF Covered Calls (Leveraged Edition).

Update:  I’ve added the leverage edition to this report because there is so much xolatility that it’s a must see!

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.

New week but same story, the xolatility is through the roof for November, December, and January.   There is heavy put buying for January though so I will continue with my thesis that something BIG will happen in January.   In the last decade, the third week of January isn’t particularly good for the market as there is always a decline.    To be fair though, I am not sure if the market will spike up or spike down, just that one of those is likely to happen based on what I’m seeing.

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

So here we go again!   I glanced at the ETF Cashinator report and still look xolatile but it looks like the financial world will come to an end in January 2012.   Perhaps the Mayans weren’t wrong after all!   January looks terrifyingly scary.  I hope to be in 100% (or as close to it) by end of December.  Good luck to all!

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

The market is definitely acting like 2008 and there is a sh!t storm on the horizon.   I’m awaiting the calls on my OIH holdings to be executed October options expiry and I’ll be sitting in cash again.   Good luck to all.

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

Another volatile week with the same for the immediate future.

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

What a wild ride last week!   The ETF Cashinator forewarned about what was to happen and I wrote about that last week.   I ran the report today again and it is UGLY!   There is a lot of insurance buying and speculation but it’s all to the downside across the board.   We may be in for another Dow 7k or 8k soon and I’m still largely in cash.  OIH has dropped significantly and I think it’s a bargain but I will proceed cautiously buying only 100 shares at a time and selling closest calls to immediate expiry.

Here’s the Google Link to ETF Naked Puts.

Here’s the Google link to ETF Covered Calls.

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.

New week, same story as last.

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

Danger!  On the 10 year anniversary of 9/11, I ran the ETF-Cashinator report and was stunned to see heavy put buying across the board for the month of October.   It’s a bit heavier than usual according to the ETF-Cashinator algorithm and I’m worried.   Unfortunately, while I’m in largely cash, I do have a few positions in OIH and XHB but I’ll have to ride it out.   No more ETF buying until end of October for me!

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

The market volatility still seems to be out there albeit a bit more stable according to the latest run of the ETF-Cashinator.   Personally, I’ve taken a few dips into some of my favorite ETFs including OIH, XHB (yes I know playing with fire), and UNG.    If you do some research, UNG has remained relatively stable with decent premiums on 30, 60, 90 day out calls.  OIH has been quite volatile but always seems to bounce bank paying juicy premiums on the ups and downs.    Still hold large cash position but taking a dip in and out of the market….

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.

We’re entering no man’s land in this market.  I can’t make heads or tails of the ETF Cashinator report.   On the surface, it looks normal but when I look at the high yields on calls the bets seem too bullish for 27 days out (September expiry).   The puts don’t look any better and the best guess I can make is a directionless market.   Think of being in a small boat in a turbulent sea!

Here’s the link to ETF Covered Calls.

Here’s the link to ETF Naked Puts.

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.