Bret Beaupain's blog
SSO the Proshares Ultra S&P500 - UPDATE for 08-05-2009
Thu, 08/06/2009 - 20:10 — Bret Beaupain
Let’s update how we use online options trading with the ProShares Ultra S&P500 (ETF) (NYSE:SSO) to created a covered call strategy. As you may recall from previous articles, the cost basis on our 500 shares of SSO is $22.64. Thanks to timing and strategy since end end of June I am at 7.8% profit that yields a CAGR of 40.1%.
Engaging SSO the Proshares Ultra S&P500 - UPDATE
Tue, 07/21/2009 - 19:47 — Bret Beaupain
Once again we revisit the covered call strategy we have initiated with the ProShares Ultra S&P500 (ETF) (NYSE:SSO) to find that thanks to volatility you can still bank coin.
Engaging the Ultra S&P500 Proshares (SSO)
Wed, 07/08/2009 - 21:25 — Bret Beaupain
Playing with the ProShares Ultra S&P500 (ETF) (NYSE:SSO) Options has become a National Pastime for many investors looking to play the broad market swings. A simple excercise in selling covered calls and knowing when to execute them can keep you afloat and do what I like to call 'charge rent' on the shares I own. Using stock options to protect your investment is a tool every trader should know and use in 2009.
Taking Advantage of High Yield Savings Accounts
Mon, 07/06/2009 - 17:27 — Bret Beaupain
High yield savings accounts are a bit of the rage these days given the economy is in the toilet. So if you are putting money, such as your emergency fund, into a savings account, make sure you are getting the best rate. Let's review a few of the offerings that we would recommend.
How I made over 50% CAGR for June using Covered Calls
Tue, 06/30/2009 - 19:41 — Bret Beaupain
I made over 50% Compound Annual Growth Rate (CAGR) for June by using Covered Calls. Yes, stock options, can be extremely volatile and dangerous… to buy! So, why not get on the other side of the fence and sell them? I recently bought one of the leveraged exchange traded funds (ETFs). Here is how the transaction(s) went.
