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

We are recommending this credit spread for our Portfolio #1 in the following issue(s).

We are recommending put credit spreads on RYL & LEN to complete an iron condors when joined with our existing call spread positions on RYL & LEN.

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

Put credit spreads = Bullish put spreads.

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

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

SLV - Silver ETF This investment seeks to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver. Although the fund is not the exact equivalent of an investment in silver, they provide investors with an alternative that allows a level of participation in the silver market through the securities market.

We are recommending the following specific credit spread.