Re-established EEM weekly call

The Index Covered Call Trading Plan  (aka: ICC) is CCI's approach for managing a position of index ETFs and related covered calls.  The most recent trade against this plan is described below.  A reader can find details about the rational and management of the trades at the ICC trading plan tab on CCI's home page.

UNDERLYING ETF: EEM    

DESCRIPTION: iShares Emerging Market Shares  

TRANSACTION TYPE: Sell Call to Open. 

The weekly call last week expired.  Replaced that covered call position today.

 

TRANSACTION DATE: Tues. 1/15/13

Action: Sell to Open

Exp. Date: Jan. 19, 2013 (weekly)

Strike: $44.50

Price: $.18

 

Net Cost: $.153 after commissions