We are adding a couple of credit spreads to our December recommended list.
We are recommending credit spreads in the following issues.
HAL - Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment provides production enhancement services, completion tools and services, and cementing services. Its production enhancement services include stimulation, pipeline process, sand control, and well intervention services; completion tools and services comprise subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; and cementing services consist of bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment.
ANF - Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. The company sells casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products, and accessories under the Abercrombie & Fitch, abercrombie kids, and Hollister brands. It also offers bras, underwear, sleepwear, and at-home products for women under the Gilly Hicks brand. The company sells products through its stores; direct-to-consumer operations; and Websites, which include abercrombie.com, abercrombiekids.com, hollisterco.com, and gillyhicks.com. As of January 30, 2010, it operated 1,096 stores in North America, Europe, and Asia.
We are recommending the following specific credit spreads.
Put credit spreads = Bullish put spreads.