Strict Standards: Non-static method HeadSpace2::get() should not be called statically in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 345

Strict Standards: Declaration of HSM_PageTitle::load() should be compatible with HSM_Module::load($meta = '') in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/page_title.php on line 0

Strict Standards: Declaration of HSM_Description::load() should be compatible with HSM_Module::load($meta = '') in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/description.php on line 0

Strict Standards: Declaration of HSM_Tags::load() should be compatible with HSM_Module::load($meta = '') in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/tags.php on line 0

Strict Standards: Declaration of HSM_JavaScript::load() should be compatible with HSM_Module::load($meta = '') in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/javascript.php on line 0

Strict Standards: Declaration of HSM_Stylesheet::load() should be compatible with HSM_Module::load($meta = '') in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/stylesheet.php on line 0

Strict Standards: Declaration of HSM_Stylesheet::init() should be compatible with HSM_Module::init($args) in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/stylesheet.php on line 0

Deprecated: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 188

Deprecated: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 188

Deprecated: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 188

Deprecated: Non-static method HeadSpace2_Plugin::specialchars() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/tags.php on line 62

Strict Standards: call_user_func_array() expects parameter 1 to be a valid callback, non-static method GoogleSitemapGeneratorLoader::Enable() should not be called statically in /home/rickdahl/coveredcalls.rickdahl.com/wp-includes/plugin.php on line 311
My Covered Call Blog <br /> <b>Deprecated</b>: Non-static method HeadSpace2::reload() should not be called statically, assuming $this from incompatible context in <b>/home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/page_title.php</b> on line <b>77</b><br /> <br /> <b>Deprecated</b>: Non-static method HeadSpace2::get() should not be called statically, assuming $this from incompatible context in <b>/home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php</b> on line <b>284</b><br /> <br /> <b>Deprecated</b>: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in <b>/home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php</b> on line <b>188</b><br /> <br /> <b>Deprecated</b>: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in <b>/home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php</b> on line <b>188</b><br /> <br /> <b>Deprecated</b>: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in <b>/home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php</b> on line <b>188</b><br /> » My Covered Call Blog
Deprecated: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 188

Deprecated: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 188

Deprecated: Non-static method HS_InlineTags::replace() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/models/headspace.php on line 188

Deprecated: Non-static method HeadSpace2_Plugin::specialchars() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/tags.php on line 62

Deprecated: Non-static method HeadSpace2_Plugin::specialchars() should not be called statically, assuming $this from incompatible context in /home/rickdahl/coveredcalls.rickdahl.com/wp-content/plugins/headspace2/modules/page/description.php on line 52

Archive for the ‘Rick Position - New’ Category

Emerging Markets ETF (EEM) - Position Update

Thursday, March 12th, 2009

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 ...

Ultra S&P ETF (SSO) - Position Update

Thursday, March 12th, 2009

Like I said I was going to do a few days ago, I sold my remaining calls when the S&P got to 741.  Seeing that the market ran another percent and a half, I may have to roll these positions.  Hopefully the market will take next week off and not ...

Alcoa (AA) - Position Update

Tuesday, March 10th, 2009

Into today's strength, I took the opportunity to roll my position forward even though it had little to no chance of being called away in 10 days.  I rolled it for 2 reasons.  This market is going up today based on "strong" financial news.  Citigroup said they were profitable for ...

Alcoa (AA) - Update Position

Tuesday, February 24th, 2009

I took the liberty of selling my Acloa (AA) March calls into today's rally in the general market. While this bounce may go further, I do believe that it will be short lived and that we will go through or bounce around the November lows in the S&P. ...

SSO - Position Update

Friday, February 13th, 2009

This morning I sold part of my etf position in SSO that I had bought at $21 & $22.  I sold the 7 shares I bought yesterday at the day's low around $21.  The market wasn't acting the way I thought it would (rally from the start, it actually looks ...

SSO - Open Position (Partial)

Thursday, February 12th, 2009

Three days ago, my order to buy 6 shares of the SSO etf was triggered at $22.  Today, my order to buy 7 shares at $21 was triggered.  I was debating whether or not to sell my 13 shares at the end of the day and lock in a 4+% ...

SSO - Position Update

Friday, February 6th, 2009

Into today's rally, I sold 2 Feb $26 strikes on my remaining SSO positions.  While this strike would put me at a loss for the position if I get called away, I will take my premium now and hope the market doesn't get there.  since I don't trust the rally, ...

FXI - Open Position

Friday, February 6th, 2009

Yesterday I initiated a position in FXI (China ETF).  I have done this as China is showing good relative strength compared to our markets.  While the economic numbers from China are of questionable integrity, their own stimulus package may help take them from the bottom.  This position is way below ...

BAC - Open Position

Friday, February 6th, 2009

While I have been trying to stay away from the banks, I decided that I would initiate a position in Bank of America today.  Over the past 2 days, it has plummeted to a low of 3.77 on tremendous volume.  With the news about BAC maybe being "forced" to buy ...

SSO - Open Position

Saturday, January 31st, 2009

As I said in my last SSO post, I had entered orders again at $21 & $22.  On Friday, my $22 got hit and I own 6 shares of SSO again.  I use Zecco for this so the trade is commission free.  I have orders to buy more at $14, ...