Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Covered Calls
1) iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) - Our Jan '14 calls reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 6/1/12.
Option Strategies - Naked Puts
2) J.P. Morgan Chase and Co. (NYSE: JPM) - Our Jan '13 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 7/19/11.
Long Stocks
3) We bought iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) @ $9.99.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending September 7, 2012.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Here's a summary of our investment actions from the past week.
Option Strategies - Covered Calls
1) iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) - Our Jan '14 calls reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 6/1/12.
Option Strategies - Naked Puts
2) J.P. Morgan Chase and Co. (NYSE: JPM) - Our Jan '13 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 7/19/11.
Long Stocks
3) We bought iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) @ $9.99.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending September 7, 2012.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
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