The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Prime Alternative Harvest Index. The fund will invest at least 80% of its total assets, exclusive of collateral held from securities lending, in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index is concentrated in the Pharmaceuticals and Tobacco industries and tracks the performance of the exchange-listed common stock (or corresponding ADRs or GDRs) of companies across the globe. The fund is non-diversified.
I think I'll put on an iron condor on this one for October: Call = $37/$38 Put = $22/$21 7 contracts Will try to get in for $.07...we'll see what happens. Max Profit potential = $651 Max Loss potential = $49