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5 Positions to add to January list not four - AAPL makes fifth

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UPDATE DEC 20 - CORRECTION

The symbols were correct for the January recommendations. I accidentally just inserted DEC instead of JAN. Sorry for the mishap.

In addition instead of 4 recommendations added to our January list, we have added a fiifth AAPL

5 CREDIT SPREADS TO BE ADDED TO JANUARY POSITION WITH THE ADDITION OF AAPL -

We are adding the following five (5) additional credit spreads to our recommended list for January. This will bring our total positions to eight (9)

We are recommending two (2) call credit spreads and two (3) put credit spreads


GTRC - Guitar Center, Inc.
operates as a retailer of guitars, amplifiers, percussion instruments, keyboards,
live-sound/DJ, and recording equipment in the United States. As of October 26, 2005, it operated 157 Guitar Center retail stores, with 124 stores in 50 major markets and 33 stores in secondary markets. In addition, its Music & Arts division operated 79 retail locations and 8 educational support centers specializing in band instruments for sale and rental, serving teachers, band directors, college professors, and students. The company
also operates as the direct response retailer of musical instruments in the United States through its wholly owned subsidiary, Musician's Friend, Inc., and its catalog and Web site. Guitar Center was founded in 1964 and is based in Westlake Village, California.

SEPR - Sepracor, Inc.,
a research-based pharmaceutical company, engages in the discovery, development, and
commercialization of differentiated products primarily for the treatment of respiratory and central nervous system disorders. It commercializes two proprietary products, LUNESTA eszopiclone for the treatment of insomnia in patients who experience difficulty falling asleep, as well as for the treatment of patients who have difficulty sleeping through the night; and XOPENEX levalbuterol Inhalation Solution, a short-acting bronchodilator, for the
treatment or prevention of bronchospasm in patients with reversible obstructive airway disease, such as asthma.

XAU- Philadelphia Gold and Silver Index made up of the following components:
ABX BARRICK GOLD CP
AEM AGNICO EAGLE MINES
AU ANGLOGOLD ASHANTI LT
FCX FREEPORT MCMORAN B
GFI GOLD FIELDS LTD ADS
GG GOLDCORP INC
GLG GLAMIS GOLD LMT
HMY HARMONY GOLD MNG A
MDG MERIDIAN GOLD INC.
NEM NEWMONT MIN CP HLDG
PAAS PAN AMER SILVER CO
PDG PLACER DOME 22.48


SNDK - SanDisk Corporation
engages in the design, development, and market of flash storage card products used in
various consumer electronics worldwide. Its products include flash cards, Universal Serial Bus, flash drives, and digital audio players. The company's flash storage allows data to be stored in a compact format that retains the data for an extended period of time after the power has been turned off. Its products are used in digital cameras, feature
phones, and other digital consumer devices.

AAPL - Apple Computer, Inc.
engages in the design, manufacture, and marketing of personal computers and related
software, services, peripherals, and networking solutions worldwide. It also offers a line of portable digital music players, accessories, and services. The company's products and services include Macintosh line of desktop and notebook computers; iPod digital music player; Xserve G5 server and Xserve RAID storage products.

We are recommending the following specific credit spreads as listed below:


Call Credit Spreads

GTRC $49.53

BUY UGR-AL GTRC JAN $60.00 CALL DEBIT = $0.25
SELL UGR-AK GTRC JAN $55.00 CALL CREDIT= $0.60
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 = NET DEBIT STOP = $1.40

SEPR 52.29

BUY ERU-AM SEPR JAN $65.00 CALL DEBIT = $0.25
SELL ERU-AL SEPR JAN $60.00 CALL CREDIT= $0.60
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 = NET DEBIT STOP = $1.40


Put Credit Spreads


XAU $119.52

SELL XAV-MB XAU JAN $110.00 PUT CREDIT= $0.80
BUY XAV-MA XAU JAN $105.00 PUT DEBIT $0.45
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 $5,350.00
RETURN ON INVESTMENT= 6.54%
EXIT STRATEGY = NET DEBIT STOP = $1.40


SNDK $58.59

SELL SWF-MJ SNDK JAN $50.00 PUT CREDIT= $0.65
BUY SWF-MW SNDK JAN $47.50 PUT DEBIT $0.45
NET CREDIT = $0.20
INITIAL "NET- CREDIT TARGET= $0.20 or $20.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.20 = $200.00
MARGIN REQUIRE. (x 10 CONTRACTS $2,700.00
RETURN ON INVESTMENT= 7.41%
EXIT STRATEGY = NET DEBIT STOP = $0.80

AAPL $72.11

SELL QAA-MM AAPL JAN $65.00 PUT CREDIT= $1.00
BUY QAA-MZ AAPL JAN $62.50 PUT DEBIT $0.60
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 $2,900.00
RETURN ON INVESTMENT= 13.79%
EXIT STRATEGY = NET DEBIT STOP = $1.60

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