We are adding a couple of additional spreads to our November recommended list.
We are recommending credit spreads in the following issues.
APOL - Apollo Group, Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries, the University of Phoenix, Inc., the Institute for Professional Development, the College for Financial Planning Institutes Corporation, Western International University, Inc., and Apollo Learning Group, Inc
RIMM - Research in Motionis a world leader in the mobile communications market and has a history of developing breakthrough wireless solutions. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry wireless platform, the RIM Wireless Handheld product line, software development tools, radio-modems and software/hardware licensing agreements.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.
Put credit spreads = bullish put spreads.