We are adding the following spreads to the March Portfolio #1.

We are recommending credit spreads in the following issues.

EA - Electronic Arts Inc. develops, markets, publishes, and distributes game software and content for video game consoles, personal computers, mobile phones, tablets and electronic readers, hand held game players, and the Internet. The company provides games, and related content and services marketed under the EA brand in various categories, such as action-adventure, role playing, racing, and first-person shooter games, as well as massively-multiplayer online role-playing games. It also offers a collection of sports-based video games, such as simulated sports based on real-world sports leagues, players, events, and venues, as well as casual games with arcade-style gameplay and graphics under EA SPORTS label. In addition, the company provides compelling games and related content and services for a mass audience under EA Play Label, as well as develops Harry Potter videogames. Further, it offers casual games, such as cards, puzzles, and word games through its Pogo online service; and digital content and Internet-based advertising services, as well as develops and publishes games for mobile devices; and digital games, including MONOPOLY, SCRABBLE, YAHTZEE, NERF, and LITTLEST PET SHOP.

VZ - Verizon Communications Inc. provides communication services. The company operates through two segments, Domestic Wireless and Wireline. The Domestic Wireless segment offers wireless voice and data services; and sells equipment in the United States. The Wireline segment provides voice, Internet access, broadband video and data, Internet protocol network, network access, long distance, and other services in the United States and internationally. The company serves consumer, business, and government customers, as well as carriers. As of December 31, 2010, its network covered a population of approximately 292 million and provided service to a customer base of approximately 94.1 million. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is based in New York, New York.

We are recommending following specific credit spreads.

Bear credit spreads = bearish call spreads.

Put credit spreads = bullish put spreads.