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As I wrote about last Wednesday, I finally got called out on XLE at 54. Here is a quick recap of the money I made on this ETF from March through October 2006.

Date Activity Symbol Share Price Cost
3/27/2006 Bought100 Shares XLE $54.14 -$5419
3/27/2006 Sold 1 Contract XBTIB $4 $385
7/31/2006 Dividend XLE Dividend $19.75 $19.75
9/18/2006 XBTIB EXPIRED XBTJB EXPIRED - -
9/19/2006 Sold 1 Contract XBTJB $1.30 $115.00
10/3/2006 Dividend XLE Dividend $17.67 $17.67

There’ll likely be a fee for the call but overall I still earned close to 10% from March through October. Not bad. What will I invest in next? GDX and PBW are looking hot right now. I could potentially make close to 8% selling the December 06 Calls near or in the money on these ETFs. I’ll keep everyone updated on my next ETF Covered Call adventure. Stay tuned!