Hello Investors,
Another adjustment today. We bought 40 more shares of EFA which completes the full 100 share position. The U.S. Dollar has begun a more significant downward slide. That move should improve the fundamentals for international markets in the months ahead. It is also a big driver for why precious metals have spiked recently. In addition, to the final stock purchase we sold a covered call for income. The details are as follows:
Bought: EFA – 40 more shares at 62.63 per share
Sold to open: EFA Sep 18th (monthly) 66.00 strike calls
Credit: 0.48
Have a great weekend!