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

We are recommending credit spreads on the following issues.

LULU - Lululemon athletica inc., together with its subsidiaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates in three segments: Corporate-Owned Stores, Direct To Consumer, and Other. The company?s line of apparel include fitness pants, shorts, tops, and jackets for healthy lifestyle activities, such as yoga, running, and general fitness. Its fitness-related accessories comprise bags, socks, underwear, yoga mats, instructional yoga DVDs, and water bottles. The company sells its products through a chain of corporate-owned and operated stores; direct to consumer through e-commerce Websites; and a network of wholesale channel, such as premium yoga studios, health clubs, and fitness centers. As of February 3, 2013, it operated 135 stores in the United States, 51 stores in Canada, 23 stores in Australia, and 2 stores in New Zealand under the lululemon athletica and ivivva athletica brand names. lululemon athletica inc. was founded in 1998 and is based in Vancouver, Canada.

We are recommending the following specific spread for our Portfolio #2 in

Call credit spread = Bearish call spread.

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We are recommending this credit spread for our Portfolio #3 in the following issue(s).

We are again recommending the call credit spreads on GDX to complete an iron condors when joined with our existing Put spread positions on GDX .

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

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

Call credit spread = Bearish call spread.