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OXY STOPPED OUT

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Occidental Petroleum STOPPED OUT.

An increase in oil prices and another upsurge in the Dow forced our
position in OXY ( Occidental Petroleum ) to be STOPPED OUT
As per our recommendation OXY was closed out for NET DEBIT OF $0.80
and a NET LOSS on the position of $0.45

BUY OXY-IR OXY SEP 90 CALL DEBIT = $0.15
SELL OXY-IQ OXY SEP 85 CALL CREDIT= $0.50
NET CREDIT = $0.35
INITIAL "NET- CREDIT TARGET= $0.35 or $35.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.35 = $350.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,650.00
RETURN ON INVESTMENT= 7.53%
EXIT STRATEGY STOP $0.80 DEBIT

Our other credit spreads seem to be in pretty good position as we enter the final week
of the September expiration. We will keep you posted of any new developments in any of our
remaining positions.

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