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 - Update’ 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 - 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, ...

SSO - Update Position

Thursday, January 29th, 2009

Into yesterday's rally, I sold the $27 strike for one of my SSO positions.  If I get called away, I will have a slight loss.  I'm not expecting SSO to get that high but I wanted some premium this month.  Hopefully SSO closed the option period at 26.75.  That would ...

EEM - Update Position

Monday, January 26th, 2009

Last Friday I made the decision to sell a lower strike price for my EEM.  I put an order in to sell the Feb $25 and it was taken on this mornings pop.  If I were to get called away at $25, I would be at a 3.17% loss for ...

SSO - Update Position

Thursday, January 22nd, 2009

Last week I said I was going to scale into a position in SSO until I felt the time was right to turn it into a covered call.  Shortly after I bought my first shares at ~$22, the market rallied and my shares went up 6%.  Since this was in ...

AA - Update Position

Tuesday, January 20th, 2009

I sold some Feb $10 calls on my Alcoa position.  I'm not waiting for better premiums for one main reason.  My annual percentage return went up for the price I sold them at today and I'm hesitant that we will get much of a bounce.  I would rather lock in ...