Tuesday, September 08, 2009

After the holiday weekend, back into IWM

I'm pretty uncomfortable with this market, but my strategy is to not try to pick intermediate trends. I did a covered call (buy-write) of IWM at 57.36 and 37 Sept Calls (DIWIE) at 1.28 for a net investment of 56.08 per share. These calls expire in 9 days...

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