Thursday, July 22, 2010

Updates To The Alpha-D for July 2010

I waited a couple of days thinking I could get more cash out of my covered options tactic.  The results weren't as good as I'd hoped.  Getting some cash is still better than getting nothing.

My covered calls on TDW, FXI, and GDX all expired worthless.  So did my cash-covered short puts under GDX.  I refreshed them all and made no other changes.

Sometimes investing really is that simple.