Wednesday, October 23, 2013

Rolled Covered Call in EEM ...Again

 UNDERLYING ETF: EEM  

 DESCRIPTION: iShares Emerging Market Shares 
 
TRANSACTION TYPE:   The emerging market ETF pulled back early this week and CCI took the opportunity to harvest some option premium and reposition the the covered call  portion of the portfolio as described below.
 
TRANSACTION DATE: Wed 10/23/13 
 
Action: Buy to Close
Exp. Date: Oct 25, 2013
Strike: $43
Price: $.24
 
Action: Sell to Open  
Exp. Date: Nov. 1, 2013 (one week out
Strike: $43.5
Price: $.24
 
Net Debit: $.02 after commissions

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