We are adding the following positions to our August recommended list.

We are recommending credit spreads in the following issues.

ITRI - Itron, Inc. provides integrated system solutions for collecting, communicating, analyzing and managing information about energy and water usage. They design, develop, manufacture, market, install and service hardware, software and integrated systems. Their expertise is in providing communications technologies and data management products for automatic meter reading and advanced data collection systems, which systems also include commercial and industrial meter data collection systems, and complex billing and settlement systems for the wholesale energy markets.

GMCR - Green Mountain Coffee roasts high-quality arabica coffees to produce a variety of coffee which it sells through a coordinated multi-channel distribution network in its wholesale and direct mail operations. This distribution network is designed to maximize brand recognition and product availability. The company is one of the leading specialty coffee companies in its established markets.

We are recommending the following specific credit spreads.

Call Credit Spreads = bearish credit spreads


put credit spreads = bullish credit spreads


Supplemental MCM AUGUST Trade Ideas for 8-03-09.

The following issues are a few additional candidates to supplement your search for profitable option trades. As with any investment, you must decide if the selections meet your criteria for potential plays. Only you can know what strategies and positions are suitable for your experience level, risk-reward tolerance and individual outlook. There will be no commentary or analysis offered on these positions, nor will they be included in the MCM Portfolio.

NOTE:Please double check to see if any of these issues have earnings reports scheduled, these issues should not, but double check anyway.