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 ...
Posted in Rick Position - Update | No Comments »
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 ...
Posted in Rick Position - Update | 1 Comment »
Tuesday, January 6th, 2009
I opened a position in EEM a few minutes ago. While I am skeptical of this rally, I think it can hold until Obama actually obtains the title of President. If it doesn't, I'm willing to have some international exposure in my portfolio.
Buy: 100 @ $27.10 ($7 commission)
Initial Investment: ...
Posted in Rick Position - New | No Comments »
