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3 ADDITIONAL PLAYS FILLED BSX CHK SPW

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THREE (3) CREDIT SPREADS FILLED AND ADDED TO OUR FEBRUARY
RECOMMENDED LIST - Two (2) Call spreads and One (1) put spread

The following three credits spreads were filled today which when added
to our original three (3) positions, brings us to a total of six (6) positions on our February Recommended List

We filled spreads in SPX, BSX and CHK today (noted below)

SPW

BUY SPW-BX SPW FEB $52.50 CALL
SELL SPW-BJ SPW FEB $50.00 CALL
NET CREDIT = $0.15
INITIAL "NET- CREDIT TARGET= $0.15 or $15.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.15 = $150.00

BSX

BUY BSX-BY BSX FEB $27.50 CALL
SELL BSX-BE BSX FEB $25.00 CALL
NET CREDIT = $0.25
INITIAL "NET- CREDIT TARGET= $0.25 or $25.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.25 = $250.00

Put Spreads

CHK

SELL CHK-NF CHK FEB $30.00 PUT
BUY CHK-NY CHK FEB $27.50 PUT
NET CREDIT = $0.15
INITIAL "NET- CREDIT TARGET= $0.15 or $15.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.15 = $150.00


In addition we are keeping an OPEN - GTC orders on the two (2) spreads
that did not get filled today. QLGC and RMBS (as noted below)


OPEN - GTC ORDERS

QLGC

SELL QLC-NG QLGC FEB $35.00 PUT CREDIT= $0.30
BUY QLC-NZ QLGC FEB $32.50 PUT DEBIT $0.10
NET CREDIT = $0.20
INITIAL "NET- CREDIT TARGET= $0.20 or $20.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.20 = $200.00


RMBS

SELL BNQ-NE RMBS FEB $25.00 PUT CREDIT= $0.70
BUY BNQ-ND RMBS FEB $20.00 PUT DEBIT $0.20
NET CREDIT = $0.50
INITIAL "NET- CREDIT TARGET= $0.50 or $50.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.50 = $500.00


We will be looking to add several more positions during the week, when appropriate.

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