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ADDITIONAL JULY RECOMMENDATIONS

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We are recommending the following additions to our JULY RECOMMENDED LIST

We are recommending credit spreads in the following issues:


TEX - Terex Corp. is a global manufacturer of a broad range of construction and mining related capital equipment. The company strives to manufacture high quality machines which are low cost, simple to use and easy to maintain.

EXPD - Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The company offers its customers a seamless international network supporting the movement and strategic positioning of goods.

MON - Monsanto is a leading global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets.

We are recommending the following specific spreads

Put credit spreads

TEX $98.70

SELL TEX-SR TEX JUL $90.00 PUT CREDIT= $0.80
BUY TEX-SQ TEX JUL $85.00 PUT DEBIT $0.40
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 $5.00

STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE DROPS TO: $95.00

THE STOP LIMIT ON THIS POSITION IS NOTED BELOW:
TEX POSITION STOP BELOW:
TEX-SR STOP LIMIT EXIT >> = $2.25
If and when the STOP LIMIT IS EXECUTED - A contingency order should be in place to then 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

EXPD $56.01

SELL URP-SX EXPD JUL $52.50 PUT CREDIT= $0.60
BUY URP-SW EXPD JUL $47.50 PUT DEBIT $0.20
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 = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE $5.00

STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE DROPS TO: $54.50


THE STOP LIMIT ON THIS POSITION IS NOTED BELOW:
EXPD POSITION STOP BELOW
URP-SX STOP LIMIT EXIT >> = $2.00
If and when the STOP LIMIT IS EXECUTED - A contingency order should be in place to then 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


MON $84.19

SELL MON-SP MON JUL $80.00 PUT CREDIT= $0.85
BUY MON-SO MON JUL $75.00 PUT DEBIT $0.30
NET CREDIT = $0.55
 

INITIAL "NET- CREDIT TARGET= $0.55 or $55.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.55 = $550.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,450.00
RETURN ON INVESTMENT= 12.36%
EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE : $5.00

STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE DROPS TO: $82.00


THE STOP LIMIT ON THIS POSITION IS NOTED BELOW:
MON POSITION STOP BELOW
MON-SP STOP LIMIT EXIT >> = $2.75

If and when the STOP LIMIT IS EXECUTED - A contingency order should be in place to then 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



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