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ADDITIONAL JULY RECOMMENDATIONS - WIRE & NYX

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We are recommending the following two (2) credit spreads to our JULY RECOMMENDED LIST

We are recommending credit spreads on the following issues:


WIRE - Encore Wire Corporation manufactures copper electrical building wire and cable in the United States. The company supplies residential wire and commercial wire. Its residential wire product line, which consists primarily of NM-B cable, a nonmetallic sheathed cable that is used primarily as interior wiring in homes, apartments, and manufactured housing; and UF-B cable, an underground feeder cable that is used to conduct power underground to outside lighting and other applications remote from residential buildings.

NYX - NYSE Group, Inc. operates multiple securities market centers in the United States. It operates New York Stock Exchange (NYSE) and NYSE Arca securities market centers. The company, through these market centers, engages in securities listings; providing market-information products and services; and offering various investment vehicles and order execution services. NYSE is a liquid equities market, where customers could choose between the floor-based auction markets and subsecond electronic trading.

We are recommending the following specific credit spreads

CALL CREDIT SPREADS


WIRE $28.86

BUY EJO-GH WIRE JUL $40.00 CALL DEBIT = $0.40
SELL EJO-GG WIRE JUL $35.00 CALL CREDIT= $0.90
NET CREDIT = $0.50

INITIAL "NET- CREDIT TARGET= $0.50 or $50.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.50 = $500.00

MARGIN REQUIRE. (x 10 CONTRACTS $4,550.00
RETURN ON INVESTMENT= 9.89%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO:$31.93

MAXIMUM EXPOSURE is: $5.00 Which is the difference between the strike prices


2. The STOP LIMIT is below and
will be placed on the SHORT STRIKE PRICE:
EJO-GG STOP LIMIT EXIT >> = $1.80
If and when the STOP LIMIT IS EXECUTED - A contingency order should be in place to than SELL the LONG SIDE
of the Spread and close the position with a Market Order if and when the SHORT side needs to be STOPPED OUT


NYX $49.98

BUY NYX-GM NYX JUL $65.00 CALL DEBIT = $0.60
SELL NYX-GL NYX JUL $60.00 CALL CREDIT= $1.10
NET CREDIT = $0.50

INITIAL "NET- CREDIT TARGET= $0.50 or $50.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.50 = $500.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,500.00
RETURN ON INVESTMENT= 11.11%

EXIT STRATEGY =1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $54.99

MAXIMUM EXPOSURE is: $5.00 Which is the difference between the strike prices


2. The STOP LIMIT is below
which will be placed on the SHORT STRIKE PRICE:
NYX-GL STOP LIMIT EXIT >> = $2.20
If and when the STOP LIMIT IS EXECUTED - A contingency order should be in place to than SELL the LONG SIDE
of the Spread and close the position with a Market Order if and when the SHORT side needs to be STOPPED OUT

When these positions are filled, this will bring our JULY RECOMMENDED POSITIONS to six (6) positions



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