In article “U.S. Trade Deficit – Ocean Shipping – Covered Calls” we analyzed the shipping industry in light of world trade and the U.S trade deficit. We decided the shipping industry was looking bullish and a covered calls stock options strategy might be a fruitful investment. Three of the four positions we selected were fully profitable and the average return of the positions was +2.2%.
Interestingly, the GMR position paid out a huge $15 dividend during the holding period. The lone loser was TOPT with a loss of -2.1% on the position, but the loss for the covered calls position for TOPT was not nearly as large as a straight long position which would have resulted in a loss of -4.1%. Read more »
Recent Comments