We are adding a number of spreads to our May recommended list.
We are recommending credit spreads in the following issues.
UNF - UniFirst Corporation, together with its subsidiaries, provides workplace uniforms and protective work wear clothing in the United States, Canada, and Europe. The company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons, as well as specialized protective wear, such as flame resistant and high visibility garments. It also rents industrial wiping products, floor mats, facility service products, restroom supplies, and other non-garment items. In addition, UniFirst Corporation offers first aid cabinet services and other safety supplies; decontaminates and cleans work clothes that may have been exposed to radioactive materials; and services special clean room protective wear.
AMSC - American Superconductor Corporation provides megawatt-scale wind turbine designs and electrical control systems. It also offers a host of smart grid technologies, including superconductor power cable systems, grid-level surge protectors, and power electronics-based voltage stabilization systems for power grid operators. It operates through two segments, AMSC Power Systems and AMSC Superconductors. The AMSC Power Systems segment produces a range of products to enhance electrical grid capacity and reliability; supplies electrical systems used in wind turbines; and sells power electronic products that regulate wind farm voltage to enable interconnection to the power grid.
PALM - Palm, Inc. provides mobile products for individual users and business customers worldwide. The company offers integrated technologies that enable people to stay connected with their family, friends, and colleagues; access and share the information; and manage their daily lives on the go. Its products include Palm Pre, Treo, and Centro smartphones, which provide a range of productivity tools and personal and entertainment applications for the consumer and business markets.
MON - Monsanto Company, together with its subsidiaries, provides agricultural products for farmers in the United States and internationally. It has two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces corn, soybeans, canola, and cotton seeds, as well as vegetable and fruit seeds, including tomato, pepper, eggplant, melon, cucumber, pumpkin, squash, beans, broccoli, onions, and lettuce. This segment also develops biotechnology traits that assist farmers in controlling insects and weeds, as well as provide genetic material and biotechnology traits to other seed companies.
HNT - Health Net, Inc. operates as a managed health care company in the United States. Its health plans and government contracts subsidiaries provide health benefits to approximately 6.6 million individuals across the country through group, individual, Medicare, Medicaid and TRICARE, and Veterans Affairs programs. The company?s behavioral health subsidiary, MHN, provides mental health benefits to approximately 6.7 million individuals in all 50 states.
FDX - FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment offers various shipping services for the delivery of packages and freight. This segment also provides international trade services specializing in customs brokerage, and ocean and air cargo distribution; customs clearance services, as well as global trade data, an information tool that allows customers to track and manage imports; and international trade advisory services, including assistance with the customs-trade partnership against terrorism program, as well as publishes customs duty and tax information in various customs areas.
AIG - American International Group, Inc., through its subsidiaries, provides insurance and related services in the United States and internationally. It operates in four segments: General Insurance, Domestic Life Insurance and Retirement Services, Foreign Life Insurance and Retirement Services, and Financial Services.
We are recommending the following specific credit spreads.
call credit spreads = bearish call credit spreads.
put credit spreads = bullish put credit spreads.
We are also offering a few supplemental credit spreads below for those
subscribers who may not want to use some of those recommended on our May list of credit spreads.
Since these are supplemental plays, there will be no commentary or analysis offered on these positions,
nor will they be included in the MCM Portfolio if yo decide to include any of them or substitute them for
ETF/Holders/Index supplemental plays:
The following issues are a few additional candidates to supplement
your search for profitable ETF/Holders/Index 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.