We are adding a few selections to our August recommended list.

We are recommending credit spreads in the following issues.

NFLX - Netflix, Inc. provides online movie rental subscription services in the United States. The company offers its subscribers access to a library of movie, television, and other filmed entertainment titles on digital versatile disc (DVD). Its members can get DVDs delivered to their homes and can instantly watch movies and TV episodes streamed to their TVs and PCs. As of December 31, 2009, Netflix served approximately 12 million subscribers. It also partners with consumer electronics companies to offer a range of devices that can instantly stream movies and TV episodes to members' TVs from Netflix. The company was founded in 1997 and is headquartered in Los Gatos, California.

UPS - United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. The company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment operations include time-definite delivery of letters, documents, and packages in the United States. The International Package segment provides air and ground delivery of small packages and letters to approximately 200 countries and territories, including shipments outside the United States and shipments with either origin or distribution outside the United States; export services; and domestic services move shipments within a country?s borders.

BIDU - Baidu, Inc. provides Chinese and Japanese language Internet search services. Its search services enable users to find relevant information online, including Web pages, news, images, multimedia files, and blogs through the links provided on its Websites. The company also offers online community-based products and entertainment platforms; an instant messaging service; and a consumer-oriented e-commerce platform. In addition, it designs and delivers online marketing services and auction-based P4P services that enable its customers to reach users who search for information related to their products or services.

We are recommending the following specific all credit spreads.
Call credit spreads = bearish call spreads.
Put credit spreads = Bullish put credit spreads.