Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Covered Calls
1) Our shares of Ricks Cabaret International (Nasdaq: RICK) were called away on 8/21. Our position gained 47.9%.
Return calculation = (($7.50 strike - $5.07 cost) / $5.07 cost) x 100%
2) Our shares of Gold Fields Ltd (NYSE: GFI) were called away on 8/21. Our position gained 11.7%.
Return calculation = (($11.00 strike - $9.85 cost) / $9.85 cost) x 100%
3) United States Natural Gas Fund (NYSE: UNG) - We closed our Sep calls and sold a new round of Jan calls for $2.00.
The Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending 8-21 is attached.
Lead Fund Manager
Investrio
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