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Re: ETFC Options

coll...@gmail.com

I sold covered calls for the JUL 6 and APR 7s a little while back, to
subsize more shares @$4.  I figure, the calls yielded ~$1/share, which
means my purchase price on those shares was more like $3, and even if
the stock goes to $12 I double my money.

If we stay in the 4-6 $ range for a while, i'll just do it again in a
few months.

YMMV; and I am in the hole big time on ETFC from purchases @$11-13, so
a break even would be nice right now.

j...@millerj.com wrote:
> is anyone playing around with options? what kind of returns are you
> expecting within 6 months?