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ADDITIONS TO OCTOBER RECOMMENDED LIST

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ADDITIONS TO OUR OCTOBER RECOMMENDED CREDIT SPREAD LIST

We are looking to add the following two (2) put spreads to our RECOMMENDED LIST FOR OCTOBER in the following underlying issues and index..

TS - (Tenaris S.A.)
engages in the manufacture and supplying of seamless
steel pipe products and associated services to the oil and gas,
energy and other industries worldwide. Its principal products include
casing, tubing, line pipe, and mechanical and structural pipes. The
company also produces welded steel pipes for oil and gas pipelines
and industrial uses, as well as pipe accessories. Its other products
and services include sucker rods used in oil extraction activities.

$OSX - Philadelphia Oil Service Sector Index

PUT CREDIT SPREADS

TS $137.84

SELL TS-VE TS 05 OCT 125 125 PUT CREDIT = $0.70
BUY TS-VD TS 05 OCT 120 120 PUT DEBIT = $0.25
NET CREDIT = $0.45
INITIAL "NET- CREDIT TARGET= $0.45 or $45.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.45 = $450.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,550.00
RETURN ON INVESTMENT= 9.89%
EXIT Strategy IF NET DEBIT = $1.35


$OSX $175.93

SELL OSZ-VM $OSX 05 OCT 165 165 PUT CREDIT = $0.80
BUY OSZ-VL $OSX 05 OCT 160 160 PUT DEBIT = $0.50
NET CREDIT = $0.30

INITIAL "NET- CREDIT TARGET= $0.30 or $30.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.30 = $300.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,700.00
RETURN ON INVESTMENT= 6.38%
EXIT Strategy IF NET DEBIT = $0.90


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