Monday, May 21, 2012
May 2012 Expiration Results
The Covered Calls Advisor Portfolio (CCAP) contained ten positions with May 2012 expirations. All ten positions (Apple Inc., Goldcorp, Halliburton, The Hartford, Hess Corporation, iShares MSCI China ETF, iShares MSCI Emerging Markets ETF, Market Vectors Russia Index ETF, Morgan Stanley, and Mylan Inc.) expired out-of-the-money. Decisions will be made to either sell these equities, or to keep them and sell calls to establish June 2012 covered call positions. The related transactions will be made over the next several days and the actual transactions will be posted on this blog site on the same day they occur.