UNDERLYING ETF: IWM
DESCRIPTION: iShares Russell 2000
TRANSACTION TYPE: RollThe small cap index continues to move higher. With one week to go until expiration it was time to take the loss in the covered call contract, preserve some of the gain in the etf and and roll out to another strike.
TRANSACTION DATE: Fri 1/11/13
Action: Buy to closeAction: Sell to Open
Exp. Date: Jan. 19, 2013
Exp. Date: Feb. 16, 2013