October Option Investing – TMF Covered Calls

As I mentioned in the previous post for EDC option investing, the markets showed some life last week.

Long term treasuries are the lesser of all evils at the moment (in that they’re the only thing that’s been showing strength through the choppy market action). TMF has been moving in the opposite direction of EDC for the last few months, so I figured it was a good hedge, price movement-wise

I ended up with TMF shares at 61.23, and an October call option with a $62 strike for $2.17.


About T. Knight
Blogging about my journey to financial independence via investing for cashflow.

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