Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Naked Puts
1) BHP Billiton Ltd (NYSE: BHP) - We sold Jan '12 $35.00 puts.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending June 10, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
1) What U.S. Economic Recovery? Five Destructive Myths. Click here.
2) 2010 was the best year ever for the company in the U.S.
-- Marco Mattiacci, CEO of Ferrari North America
3) A lot of cash “that was on the sidelines” is now going into U.S. Treasuries.
-- Jim Vogel, Head of Agency Debt Research at FTN in Memphis, Tennessee
4) It could be a sign of rising dividends... "The payout ratio -- the proportion of earnings paid out as dividend income to shareholders -- fell to 28.9% for the past four quarters. That, says S&P senior index analyst Howard Silverblatt, is the lowest level since 1936."
-- The Wall Street Journal
Sunday, June 12, 2011
Sunday, June 5, 2011
Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Naked Puts
1) Forest Laboratories Inc (NYSE: FRX) - Our Jan '12 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 3/15/11.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending June 3, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
Alan Brown, chief investment officer at Schroders Plc, says investors remain risk averse “in an era of avoiding losses.”
Here's a summary of our investment actions from the past week.
Option Strategies - Naked Puts
1) Forest Laboratories Inc (NYSE: FRX) - Our Jan '12 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 3/15/11.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending June 3, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
Alan Brown, chief investment officer at Schroders Plc, says investors remain risk averse “in an era of avoiding losses.”
Sunday, May 29, 2011
Investors & Friends:
Here's a summary of our investment actions from the past week.
Long Stocks
1) We sold our ProShares Ultra Russell 2000 (NYSE: UWM) on 5/23 @ $45.90 for a 9.8% loss.
Return calculation = ($45.90 sale price - $50.90 cost basis) / $50.90 cost basis x 100% = 9.8%.
The date we opened the trade was 4/5/11.
Option Strategies - Naked Puts
2) Rio Tinto PLC (NYSE: RIO) - Our Jan '12 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 3/16/11.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 27, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Here's a summary of our investment actions from the past week.
Long Stocks
1) We sold our ProShares Ultra Russell 2000 (NYSE: UWM) on 5/23 @ $45.90 for a 9.8% loss.
Return calculation = ($45.90 sale price - $50.90 cost basis) / $50.90 cost basis x 100% = 9.8%.
The date we opened the trade was 4/5/11.
Option Strategies - Naked Puts
2) Rio Tinto PLC (NYSE: RIO) - Our Jan '12 puts reached 80+% of their maximum value, so we closed them out. The date we opened the trade was 3/16/11.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 27, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Sunday, May 15, 2011
Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Straddles
1) Cisco Systems Inc (Nasdaq: CSCO) - We sold our June $17.00 straddles on 5/11 @ $163.00 per contract for a 15.9% gain.
Return calculation = ($163.00 sale price - $137.00 cost basis) / $137.00 cost basis x 100% = 15.9%.
The date we opened the trade was 4/25/11.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 13, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
Articles about Federal Debt Limit (Debt Ceiling). Click here.
Here's a summary of our investment actions from the past week.
Option Strategies - Straddles
1) Cisco Systems Inc (Nasdaq: CSCO) - We sold our June $17.00 straddles on 5/11 @ $163.00 per contract for a 15.9% gain.
Return calculation = ($163.00 sale price - $137.00 cost basis) / $137.00 cost basis x 100% = 15.9%.
The date we opened the trade was 4/25/11.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 13, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
Articles about Federal Debt Limit (Debt Ceiling). Click here.
Sunday, May 8, 2011
Investors & Friends:
There is no new investment activity to report since our last weekly update.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 6, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
There is no new investment activity to report since our last weekly update.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 6, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Sunday, May 1, 2011
Investors & Friends:
Here's a summary of our investment actions from the past week.
Option Strategies - Straddles
1) Cisco Systems Inc (Nasdaq: CSCO) - We bought June $17.00 straddles. A straddle is a long call and long put with the same expiration and same strike. Max loss is limited to the price paid to purchase the straddle, and max profit is unlimited. Historically options for Cisco have underestimated the magnitude of the swing in the stock price around quarterly earnings announcements.
Option Strategies - Covered Calls
2) ProShares UltraShort Russell 2000 (NYSE: TWM) - We closed out our Jan '12 $17.00 calls. The date we opened the trade was 2/18/11.
Option Strategies - Long Stocks
3) We bought iShares Barclays 20+ Year Treasury Bond Fund (NYSE: TLT) on 4/26 @ $93.30. We bought TLT to hedge, short-term, some of our exposure to TBT.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 1, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
Investing is like running a marathon or climbing a steep mountain. All you focus on is taking one step after another. When you do this, it is easy to lose sight of the significant progress you are making. As we look forward it is important to look back, review our performance, acknowledge our achievements and identify areas requiring adjustment.
-- Investrio Fund Manager
Here's a summary of our investment actions from the past week.
Option Strategies - Straddles
1) Cisco Systems Inc (Nasdaq: CSCO) - We bought June $17.00 straddles. A straddle is a long call and long put with the same expiration and same strike. Max loss is limited to the price paid to purchase the straddle, and max profit is unlimited. Historically options for Cisco have underestimated the magnitude of the swing in the stock price around quarterly earnings announcements.
Option Strategies - Covered Calls
2) ProShares UltraShort Russell 2000 (NYSE: TWM) - We closed out our Jan '12 $17.00 calls. The date we opened the trade was 2/18/11.
Option Strategies - Long Stocks
3) We bought iShares Barclays 20+ Year Treasury Bond Fund (NYSE: TLT) on 4/26 @ $93.30. We bought TLT to hedge, short-term, some of our exposure to TBT.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending May 1, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
Investing is like running a marathon or climbing a steep mountain. All you focus on is taking one step after another. When you do this, it is easy to lose sight of the significant progress you are making. As we look forward it is important to look back, review our performance, acknowledge our achievements and identify areas requiring adjustment.
-- Investrio Fund Manager
Sunday, April 24, 2011
Investors & Friends:
There is no new investment activity to report since our last weekly update.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending Month April 22, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
1) U.S. weighs summer GM stock sale. Click here.
2) Myles Zyblock, chief institutional strategist at Royal Bank of Canada, says Main Street missed 90% of the rally and flows of money out of stocks among retail investors continues almost unabated since 2008. This is an excerpt from a Bloomberg Radio Podcast. Click here, and your preferred media player should launch after a second or two.
There is no new investment activity to report since our last weekly update.
Click here for the Investrio Stock Selector Fund Bull and Bear Market Indicators Report for the week ending Month April 22, 2011.
Click here for upcoming IPOs.
Lead Fund Manager
Investrio
Etcetera
1) U.S. weighs summer GM stock sale. Click here.
2) Myles Zyblock, chief institutional strategist at Royal Bank of Canada, says Main Street missed 90% of the rally and flows of money out of stocks among retail investors continues almost unabated since 2008. This is an excerpt from a Bloomberg Radio Podcast. Click here, and your preferred media player should launch after a second or two.
Subscribe to:
Posts (Atom)