Showing posts with label RTW. Show all posts
Showing posts with label RTW. Show all posts

Thursday, February 4, 2010

RTW -- Position Closed (EWZ)

The current RTW position (EWZ) was closed out:

Price Date Description Total aXIRR aROI
$75.76 2009-10-19 Buy 1000 EWZ @ $75.76 -$75,758.10 -- --
$2.20 2009-12-31 Dividend ($2.197 per share) $2,196.56 -- --
$68.00 2010-01-25 Sell at end of period $68,002.00 -24.9% -27.3%
 

Monday, October 19, 2009

RTW - New Position (EWZ)

I'm starting a new entry for weekly holdings of "Riding the Wave" candidates. Since they are weekly holdings, I don't plan on selling calls against them. Maybe in the a week leading into option expiration. However, I would note that the current 3.7% time value for the month looks enticing relative to other calls I've sold for the month.

The RTW method is the one I indicated on the JustCoveredCalls forum that has too many good months -- that capping gains on good months by selling covered calls on the positions was counter-productive.

We'll see how it goes in real time:

Price Date Description Total aXIRR aROI
$75.76 2009-10-19 Buy 1000 EWZ @ $75.76 -$75,758.10 -- --