The cash keeps tumbling in and the system is working good for me.  I made another $1300 yesturday by scooping up 200 shares of OIH and selling June in-the-money call contracts for $500 a piece.   Also made another $300+ selling GDX in-the-money call contracts for $115 a piece after I scooped up 300 shares at $39.00.

Both of these trades will result in about a 3 pct return, respectively, for just under a 30 day investment.  If OIH and/or GDX fall below the strike, then I’ll be in a position to sell more calls for July, Sept, or October time frames.  If I get called then I’ll take a breather and look for another 3 pct return in under 30 day investment opportunity.
You can read more about these trades at http://www.etfcoveredcalls.com.