Covered Calls for Fun & Income

March 30, 2009

Covered Call Weather Report – March 30, 2009

Filed under: Covered Calls — Tags: , , , — Jeff @ 6:25 AM

2345_thunderstorm_chasing_a_scared_boy_running_homeThunderstorms, some possibly severe.

I didn’t really think this would happen – GM & Chrysler bankrupt? That is scary! I wouldn’t touch this market today with a 10 foot poll! Unless, of course, you are going short and can catch it early enough. However, the one truth about the market is: prices will go up and prices will go down.

With that though in mind, I am sure there could be opportunities today, but I won’t even look until after the mid-day doldrums.

– Jeff

“Nothing endures but change.” Heraclitus (540 BC – 480 BC), from Diogenes Laertius, Lives of Eminent Philosophers

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