we are adding the following spreads to our February recommended list.
We are recommending credit spreads in the following issues.
MON - Monsanto Company, together with its subsidiaries, provides agricultural products for farmers in the United States and internationally. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces corn, soybean, canola, and cotton seeds, as well as vegetable seeds, including tomato, pepper, melon, cucumber, pumpkin, squash, beans, broccoli, onions, and lettuce seeds. This segment also develops biotechnology traits that assist farmers in controlling insects and weeds, as well as provides genetic material and biotechnology traits to other seed companies. The Agricultural Productivity segment offers glyphosate-based herbicides for agricultural, industrial, ornamental, and turf applications; lawn-and-garden herbicides for residential lawn-and-garden applications; and other herbicides for the control of preemergent annual grass and small seeded broadleaf weeds in corn and other crops. The company offers row crop seeds principally under the DEKALB, Asgrow, Deltapine, and Vistive brand names; vegetable seeds under the Seminis and De Ruiter brand names; traits primarily under the Roundup Ready, Bollgard, Bollgard II, YieldGard, YieldGard VT, Genuity, Roundup Ready 2 Yield, and SmartStax brand names; seed treatment products under the Acceleron brand name; and herbicide products under the Roundup and Harness brand names.
SLW - Silver Wheaton Corp., together with its subsidiaries, operates as a silver streaming company worldwide. The company has 14 long-term silver purchase agreements and 2 long-term precious metal purchase agreements whereby it acquires silver and gold production from the counterparties located in Mexico, the United States, Canada, Greece, Sweden, Peru, Chile, Argentina, and Portugal. Silver Wheaton Corp. is headquartered in Vancouver, Canada.
VMW - VMware, Inc. provides virtualization and virtualization-based cloud infrastructure solutions primarily in the United States. The companyÂ’s virtualization software solutions addresses a range of information technology problems that include cost and operational inefficiencies, facilitating access to Â‘cloud computingÂ’ capacity, business continuity, software lifecycle management, and corporate end-user computing device management. It provides infrastructure virtualization platform, including VMware vSphere that decouples the software environment from its underlying hardware infrastructure, as well as enables the aggregation of multiple servers, storage infrastructure, and networks into shared pools of resources that can be delivered to applications. The company offers cloud infrastructure products and technologies, which enables the live migration of actively running virtual machines across servers or storage locations without disruption or downtime, as well as other systems for all applications against hardware and operating system failures. It also provides vShield security products; and cloud application platforms that provide open source application frameworks, application run-time and data management solutions, and monitoring solutions for enterprise applications and infrastructure. In addition, the company offers end-user computing solutions to simplify desktop delivery and application management, enable communication and collaboration, as well as support for operating environment in endpoint devices. Further, it provides management solutions to simplify and automate management of dynamic cloud infrastructure, cloud applications, and end-user computing platforms; and support, consulting, education, and technical account manager services. It sells its products through distributors, resellers, system vendors, and systems integrators.
We are recommending the following specific credit spreads.
Put credit spreads = bullish put spreads.