Recent content by Covered Call

21 October 2008 Today I sold 5 contracts of .DAVLS (DIA Nov 97 Call) for $2.34 8 contracts of .ITVEW (IWN May 2009 49 Call) for $7.50 10 contracts of .QAVFB (QQQQ Jun 2009 28 Call) for $6.40 For a total premium income of $13,510.05

17th October 2008 October expiration day My .XLEJT 46 calls were looking like being called out, so just before the close I bought them back for a $0.24 profit and then sold 9 contracts of .XBTKA (XLE NOV 53 Call) for $2.47 The rest of the option contracts expired worthless My account balance...

10th October 2008 The Market was down for the 8th day in a row. My account like most peoples had taken a bit of a battering, so I decided to make some position adjustments. I bought another, 300 XLE @ $39.61 (a cost basis of $48.58) 200 QQQQ @ $30.02 ( a cost basis of $32.92) 200 IWN @...

7th October 2008 Today I sold, 8 contracts of .QQQJL (QQQQ OCT 38 Call) for $0.40 10 contracts of .SMHJP (SMH OCT 24 Call) for $0.38 6 contracts of .XBTJI (XLE OCT 61 Call) for $1.56 for a total premium income of $1591.07

The ETF's that I am interested in buying are the, QQQQ, XLE, SMH, DIA, and IWN. On October 6th 2008, I purchased, 800 QQQQ @ $33.64 600 XLE @ $53.07 1000 SMH @ $21.89 300 DIA @ $97.55 600 IWN @ $57.70 for a total investment of $144,603.75 I also sold 3 contracts of .DAVJT (DIA OCT 98 Call)...

I am a Race Car Fabricator, and I live in Auckland, New Zealand. I have a been regular visitor here at Trade2win for over two years now. I have been trading and investing for over 6 years now (stocks and options) over that time I have developed and refined my strategies for making money. My...