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Covered Calls Done the Wrong Way
A journal to document the mistakes I will make doing covered calls.
Tuesday, March 24, 2009
USO -- Roll Position Up
The USO position was rolled up:
Price
Date
Description
Total
aXIRR
aROI
$31.80
2009-03-24
Buyback 10 USO Apr 2009 $29 @ $3.60
-$3,619.95
62.9%
47.8%
$31.80
2009-03-24
Sell 10 USO Apr 2009 $32 @ $1.80
$1,780.05
79.5%
59.0%
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Criteria for Rolling an Option
USO -- Roll Position Up
Catchup Commentary
USO -- Catchup
SPY -- Catchup
MMM -- Catchup
IWM -- Catchup
EEM -- Catchup
ED -- Catchup
WFC -- Catchup -- Closed Position
SDS -- Catchup -- Position Closed
PFE -- Catchup -- Closed Position
EFA -- Catchup -- Closed Position
DIA -- Catchup -- Position Closed
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