Archive for August 9th, 2007

Thursday, August 9th, 2007

Another $1200 in Cash Tumbles in

I’m a sucker for easy money.  I picked up 1000 shares of UNG around $39.60 and sold the August $40 Call for $1.25 to pick up $1250 in cash sans commission.  It’s all part of my ETF Covered Call Strategy and this transaction represents a 4.17% return in 11 days assuming I get called.  If […]

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