Emerging Markets ETF (EEM) - Position Update

Written on March 12, 2009 – 9:24 pm | by admin

Just like I did for the SSO, I sold my calls for my EEM position when the S&P was around 741.

Purchased: 100 @ 27.10
Initial Option Income: $1.08
Mar $24 Option Income: $0.34
Other Option Income: $0.60
Expected Return: -5.71% (-20.95%)
Last Period Expected Return: -3.17% (-17.58% annually)
Option periods held:3

* All return after buy and sell commissions
** Last Period Expected Return is the return I would have gotten if my option was exercised instead of expired.

Tags: , ,

  1. One Response to “Emerging Markets ETF (EEM) - Position Update”

  2. By Jacob on May 31, 2009 | Reply

    Hey Rick,

    Im going to be putting together a post on my blog summarizing as many of the strategies used by covered calls bloggers out there as I can find, in what I would best equate as a white paper in blog form, and I wanted to know if it would be allright if I include your methodology. Also, feel free to check out my blog at coveredcallsinvestor.blogspot.com.


You must be logged in to post a comment.