UNDERLYING ETF: EEM
DESCRIPTION: iShares Emerging Market Shares
TRANSACTION TYPE: Buy write.
After a break for the holidays, CCI is re-initiating the process of selling weekly calls against a position in EEM. As discussed in the trading plan, the intent is to simply hold the position through the expiration/assignment that will occur on Friday and then replace the position next Monday.
TRANSACTION DATE: Mon. 1/7/13
Action: Buy - EEM
Exp. Date: Jan. 11, 2013 (weekly)
Net Cost: $44.49 after commissions