We are adding the following April recommendations to Portfolio #1.

We are recommending credit spreads in the following issues.

AKAM - Akamai Technologies, Inc. provides content delivery and cloud infrastructure services for accelerating and improving applications over the Internet in the United States and internationally. The company offers application and cloud performance solutions to enhance the operation of the applications used by enterprises to connect with their employees, suppliers, and customers. Its solutions include Web Application Accelerator, which enables enterprises to run various applications; and IP Application Accelerator that is designed to optimize the performance, availability, and real-time sensitivity associated with IP-enabled applications delivered over Internet-related protocols. The company also provides video and software solutions that are designed to enable enterprises to execute their large file management and distribution strategies, which include media delivery solution to entertainment industry; and electronic software delivery solution that handles the distribution of software for its customers.

DOW - The Dow Chemical Company manufactures and supplies chemical products used as raw materials in the manufacture of customer products and services worldwide. Its Electronic and Functional Materials segment offers materials for chemical mechanical planarization, chemical processing aids and intermediates, electronic displays, food and pharmaceutical processing and ingredients, home and personal care ingredients, hygiene and infection control, photolithography, printed circuit boards, process and materials preservation, semiconductor packaging, and electronic and industrial finishing. The companyÂ’s Coatings and Infrastructure Solutions segment provides construction chemical solutions and building-integrated photovoltaics; raw materials for architectural paints and industrial coatings; technologies for water purification, desalination, and separation solutions; and specialty monomer products. Its Agricultural Sciences segment offers agricultural crop protection and plant biotechnology products, pest management solutions, and seeds, traits, and oils. The companyÂ’s Performance Materials segment produces ethanolamines, ethyleneamines, isopropanolamines, and chelants; chlorinated organic products; polyurethane foams and systems; epoxy resins and intermediates; oxygenated solvents; polyglycols and surfactants; and polyurethane raw materials.

We are recommending the following specific credit spreads.

Call Credit spreads = Bearish call spreads.

Call Credit spreads = Bearish call spreads.

We are adding the following April recommendations to Portfolio #2.

We are recommending credit spreads in the following issues.

WTW - Weight Watchers International, Inc. engages in the provision of weight management services primarily in North America, the United Kingdom, Continental Europe, Australia, and New Zealand. It offers various services and products that are built upon its weight management plans, including nutritional, exercise, and behavioral tools and approaches. The company also sells a range of products, including bars, snacks, cookbooks, food, and restaurant guides with PointsPlus values, Weight Watchers magazines, and PointsPlus calculators In addition, it provides Internet subscription products comprising Weight Watchers Online that offers online content, functionality, resources, and interactive Web based weight management plans; and Weight Watchers eTools, an Internet weight management product that allows users to manage the day-to-day aspects of weight management plans online, discover different food options, stay informed, and keep track of their weight management efforts. Further, the company offers iPhone and Android applications, which provide subscribers with access to a suite of weight-loss tools, as well as helpful content; and iPad application that offers subscribers with access to a set of recipe tools. Weight Watchers International, Inc. was founded in 1961 and is headquartered in New York, New York.

We are recommending the following specific credit spreads.

Call Credit spreads = Bearish call spreads.