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ADDITIONAL JULY RECOMMENDATIONS for MONTHLY CASH MACHINE 6-18-06

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We are recommending four (4) credit spreads to our JULY RECOMMENDED LIST


We are recomemnding credit spreads on the following issues:

TOL - Toll Brothers, Inc. engages in the development, construction, financing, and sale of residential homes in the United States. It builds single-family detached and attached home communities, and master planned communities.

OCR - Omnicare, Inc., a geriatric pharmaceutical services company, provides pharmaceuticals and related ancillary pharmacy services to long-term healthcare institutions primarily in the United States and Canada. It operates in two segments, Pharmacy Services and Contract Research Organization Services (CRO Services). Pharmacy Services purchases, repackages, and dispenses prescription and nonprescription pharmaceuticals

BJS - BJ Services Company provides pressure pumping and other oilfield services for the petroleum industry worldwide. The company's pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells, and in remedial work on existing wells both onshore and offshore. Its stimulation services include fracturing, acidizing, sand control, nitrogen services, coiled tubing, and service tools; and cementing services consists of pumping cement slurry into a well between the casing and the wellbore to isolate fluids

BA - The Boeing Company operates as an aerospace company. It operates through six segments: Commercial Airplanes, Aircraft and Weapon Systems, Network Systems, Support Systems, Launch and Orbital Systems, and Boeing Capital Corporation. The Commercial Airplanes segment produces commercial aircraft and a family of commercial jetliners for passenger and cargo requirements of domestic and foreign airlines

We are recommending the following specific credit spreads: three (3) call credit spreads and one (1) put credit spread


Call Credit spreads

TOL $27.17

BUY TOL-GG TOL JUL $35.00 CALL DEBIT = $0.10
SELL TOL-GF TOL JUL $30.00 CALL CREDIT= $0.50
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 = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $28.59

2. STOP LIMIT is below:
will be placed on the SHORT STRIKE PRICE:
TOL-GF STOP LIMIT EXIT >> = $1.50
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


OCR $45.47

BUY OCR-GX OCR JUL $52.50 CALL DEBIT = $0.30
SELL OCR-GJ OCR JUL $50.00 CALL CREDIT= $0.60
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 $2,300.00
RETURN ON INVESTMENT= 8.70%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $47.74
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES
MAXIMUM EXPOSURE is: $2.50 Which is the difference between the strike prices THIS WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED


BJS $35.72

BUY BJS-GV BJS JUL $42.50 CALL DEBIT = $0.25
SELL BJS-GH BJS JUL $40.00 CALL CREDIT= $0.55
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 $2,250.00
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:$37.86
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES
MAXIMUM EXPOSURE is: $2.50 Which is the difference between the strike prices . THIS WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED


Put Credit Spreads

BA $85.54

SELL BA-SP BA JUL $80.00 PUT CREDIT= $0.85
BUY BA-SO BA JUL $75.00 PUT DEBIT $0.35
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 $5.00
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE DROPS TO: $83.00

2. A STOP LIMIT will be placed on the SHORT STRIKE PRICE:
BA-SP STOP LIMIT EXIT >> = $2.00
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


This will bring our JULY RECOMMENDED LIST to nine (9) OPEN positions when these trades are filled.



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