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3 ADDITIONAL NEW SPREADS FOR NOVEMBER

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We are adding the following (3) call credit spreads to our
recommended list for November from the following stocks



KBH (KB Home )
operates as a homebuilder primarily in the United States and
France. It engages in the acquisition and development of land primarily
for residential purposes; and offers various homes that are designed
to appeal to a range of buyers, including first-time, move-up homebuyers,
luxury, and active adult homebuyers. In the United States, the company
sells homes in Arizona, California, Colorado, Florida, Georgia, Illinois,
Indiana, Nevada, New Mexico, North Carolina, South Carolina, and Texas.

PALM -(Palm, Inc. engages in the development, marketing, and sale of
mobile computing and communication solutions worldwide. The company
offers handheld computers, mobile communication devices, and mobile
managers, as well as software, services, and accessories. It offers
the Zire, Tungsten, LifeDrive, and Treo lines of mobile computing
devices, and related add-ons and accessories. Palm's products feature
wireless communication capabilities, such as Bluetooth, wireless
fidelity, code-division multiple access, global system for mobile
communications to enable messaging, email, Web browsing, and wireless
ActiveSync; multimedia features, that enable users to capture and
view photos, capture and view video clips, watch feature length movies,
and listen to MP3 music.


$SLM - (Standard and Poor's Small Cap 600 Index)

We are specifically recommending the following spreads

KBH 62.34

BUY KBH-KO KBH NOV 75 CALL DEBIT = $0.30
SELL KBH-KN KBH NOV 70 CALL CREDIT= $0.75
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 = $1.50



PALM $27.05

BUY UPY-KG PALM NOV 35 CALL DEBIT = $0.15
SELL UPY-KF PALM NOV 30 CALL CREDIT= $0.60
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 = $1.50

$SML 328.84

BUY SLK-KK $SML NOV 355 CALL DEBIT = $0.80
SELL SLK-KJ $SML NOV 350 CALL CREDIT= $1.20
NET CREDIT = $0.40

INITIAL "NET- CREDIT TARGET= $0.40 or $40.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.40 = $400.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,600.00
RETURN ON INVESTMENT= 8.70%
EXIT Strategy IF NET DEBIT = $2.00


This should bring our total positions for November to 8 , if all 3 postiions are filled) with 1 recommendation ILF spread still pending as an OPEN order

We will inform you of any changes through updates

In addition look for a SUPPLEMENTAL LIST of plays either later today or tomorrow.

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