We are adding the following credit spreads to our December recommended list.

We are recommending credit spreads in the following issues.

MCK - McKesson Corporation offers medicines, pharmaceutical supplies, and information and care management products and services for the healthcare industry. It operates through two segments, Distribution Solutions and Technology Solutions. The Distribution Solutions segment distributes ethical and proprietary drugs, medical-surgical supplies and equipment, and health and beauty care products in North America. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers; and sells financial, operational, and clinical solutions for retail, hospital, and long-term care pharmacies, as well as provides consulting, outsourcing, and other services. The Technology Solutions segment offers enterprise-wide clinical, patient care, financial, supply chain, and strategic management software solutions.

ESRK - Express Scripts, Inc. provides a range of pharmacy benefit management (PBM) services in North America. The companyÂ’s PBM services include retail network pharmacy management and retail drug card programs; home delivery pharmacy services; specialty pharmacy services; patient care contact centers; benefit plan design and consultation; drug formulary management; compliance and therapy management programs; information reporting and analysis programs; rebate programs, electronic claims processing, and drug utilization review; consumer health and drug information; bio-pharma services, including reimbursement and customized logistics solutions; medication therapy and safety through pharmacogenomics; and assistance programs for low-income patients.

DECK - Deckers Outdoor Corporation engages in the design, production, marketing, and brand management of footwear and accessories for outdoor activities and everyday casual lifestyle use. It offers casual open and closed-toe outdoor footwear, as well as additional outdoor performance footwear, including multi-sport shoes, light hiking shoes, amphibious footwear, and rugged outdoor travel shoes; and sheepskin footwear, sustainable footwear, and sandals under various styles for men, women, and kids. The company provides various accessories, including handbags, headwear, and outerwear. It markets its products under the Teva, UGG, Simple, Ahnu, and TSUBO brand names. The company sells its products primarily to specialty retailers, department stores, outdoor retailers, sporting goods retailers, shoe stores, and online retailers. Deckers Outdoor Corporation sells its products directly to end-user consumers through its Web sites, call centers, retail concept stores, and retail outlet stores, as well as through retailers in the United States. The company also distributes its products through independent distributors and retailers in Europe, Canada, Australia, the Asia Pacific, and Latin America.

V - Visa Inc.operates retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. The company owns and operates VisaNet, a global processing platform that provides transaction processing services, primarily authorization, clearing, and settlement, as well as related value-added services. It offers a range of branded payments product platforms, which customers use to develop and offer credit, charge, deferred debit, debit, and prepaid payments, as well as cash access programs for cardholders. The company owns a range of payment brands, including Visa, Visa Electron, PLUS, and Interlink that are licensed to customers for use in their payment programs. In addition, it provides other value-added processing services, including risk management, debit issuer processing, loyalty, dispute management, and value-added information services.

We are recommending the following specific credit spreads.

Put credit spreads = bullish put spreads.