Investors & Friends:

Here's a summary of our investment actions from the past week.

Option Strategies - Naked Puts

1) United States Steel Corp (NYSE: X) - Our Jan '13 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 7/14/11.

Long Stocks

2) Knight Capital Group Inc (NYSE: KCG) - We sold our shares of Knight Capital Group Inc (NYSE: KCG) on 1/2/13 @ $3.51 for a 11.8% gain.

Return calculation = ($3.51 sale price - $3.14 buy price) / $3.14 buy price x 100% = 11.8%.

The date we opened the trade was 8/6/12.

Option Strategies - Collars

3) Bank of America Corp (NYSE: BAC) - We sold our Bank of America collars on 1/4/13 @ $11.16 for a 9.1% gain. (A collar is a combination of shares, calls, and puts. Purchasing puts protects against losses. Selling calls helps pay for the puts, but limits profits. It "collars" the gains and losses.)

Return calculation = ($11.16 sale price - $10.23 buy price) / $10.23 buy price x 100% = 9.1%.

The date we opened the trade was 11/23/11.

Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending January 4, 2013.

Click here for upcoming IPOs.

Lead Fund Manager
Investrio