Sold DXO @ 3.18 (cost was 2.39) (This position had gotten HUGE)
Sold TAN @ 7.45 (cost was 5.90)
Sold PAAS @ 17.14 (cost was 12.10) (I got rid of the covered calls I sold for $0.85 for $0.15)
Metals look to be breaking down HARD so all I have left is SLW and AA and both are 100% covered right now so declines do not hurt me.
I also added SRS at $40.25 and FAZ at $16.30.
I am not positioned back to the dark side where I belong.... FINALLY!
Dow 8000 seems a good a time as any to be pointed that way.
Showing posts with label TAN. Show all posts
Showing posts with label TAN. Show all posts
Friday, April 3, 2009
Thursday, March 26, 2009
I love ETF's..... Selling more calls.
ok... TAN is up 9% today, so I forgive it for yesterday now.
I sold April AA $7.5 calls at $1.02
I sold April PAAS $20 calls at $0.85
Now have calls against everything but DXO and TAN.
I sold April AA $7.5 calls at $1.02
I sold April PAAS $20 calls at $0.85
Now have calls against everything but DXO and TAN.
Wednesday, March 25, 2009
I hate ETF's: Part CCXLIII
I buy TAN a few days ago because I figure this solar crap is going to go higher if oil keeps rallying. I check the components of TAN and they are all large solar companies.
I notice all the large solar companies were up HUGE today. TAN was up 0.5%
Here are the top 10 holdings of TAN:
ENER +5.43%
FSLR +4.02%
LDK +7.29%
WFR +7.09%
QCE.BE +11.54%
REC.OL +4.10%
SWV.BE +0.81%
SPWRA +0.38%
STP +1.82%
YGE +1.72%
Explain to me how TAN can only be up 0.50% when this is what it holds?
Is the other 40% of the fund that is not listed invested in tulip bulbs or fake dog poop?
I notice all the large solar companies were up HUGE today. TAN was up 0.5%
Here are the top 10 holdings of TAN:
ENER +5.43%
FSLR +4.02%
LDK +7.29%
WFR +7.09%
QCE.BE +11.54%
REC.OL +4.10%
SWV.BE +0.81%
SPWRA +0.38%
STP +1.82%
YGE +1.72%
Explain to me how TAN can only be up 0.50% when this is what it holds?
Is the other 40% of the fund that is not listed invested in tulip bulbs or fake dog poop?
Monday, March 23, 2009
Bought TAN at $5.90
TAN is the solar ETF... I didn't do enough research to pick an individual company.
If oil is going higher all this alternative energy BS is going higher too. I hate to buy something when it is already up 6% on the day, but so be it.....
If oil is going higher all this alternative energy BS is going higher too. I hate to buy something when it is already up 6% on the day, but so be it.....
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