Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Covered Calls
1) United States Natural Gas Fund LP (NYSE: UNG) - We sold Jan '12 $12.00 calls.
Option Strategies - Naked Puts
2) Intel Corp (Nasdaq: INTC) - We sold Jan '12 $10.00 puts. On Thursday Intel was down almost 4% resulting from its acquisition of McAfee Inc (NYSE: MFE). Volatility (CBOE Volatility Index) was up almost 9%.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending August 20, 2010. We revised the Personal Saving Rate data to reflect the results of the annual revision of the National Income and Products Accounts (NIPAs) release.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
1) The Financial Crisis Inquiry Commission (FCIC) resumes Wednesday, September 1. Click here for what's on tap.
2) The Layoff Kings: The 25 Companies Responsible for 700,000 Lost Jobs. Click here for who's on the naughtly list. Berkshire Hathaway comes in at # 17.
3) 18 Companies That Consumers Absolutely Hate. The American Customer Service Index rates hundreds of companies based on satisfaction surveys. Our selection of the 18 worst includes four airlines and four cable companies. Banks claim three spots on this consumer blacklist. Click here for the BusinessInsider slide show.
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