We are recommending the following credit spreads to the September expiration cycle.

We are recommending this credit spread for our Portfolio #2 in the following issue(s).

We are recommending a put credit spread on YUM to complete an iron condor when joined with our existing call spread position on YUM .

This spread will not require any additional margin with the right brokerage firms.

We are recommending the following specific credit spread(s).

Put credit spreads = Bullish put spreads.