We are recommending the following credit spreads to the December 2013 expiration cycle.

We are recommending credit spreads for our Portfolio #1 in the following issues.

LCC - US Airways Group, Inc., through its subsidiaries, provides air transportation for passengers and cargo. It offers scheduled passenger service on approximately 3,100 flights daily to 198 communities in the United States, Canada, Mexico, Europe, the Middle East, the Caribbean, and Central and South America; and hourly shuttle service between Boston, New York LaGuardia, and Washington National. The company operates hubs in Charlotte, Philadelphia, and Phoenix; and a focus city in Washington, D.C. at Ronald Reagan Washington National Airport. As of December 31, 2012, it operated 340 mainline jets supported by its regional airline subsidiaries and affiliates operating as US Airways Express, which operated 238 regional jets and 44 turboprops. US Airways Group, Inc. was founded in 1981 and is headquartered in Tempe, Arizona.

We are recommending the following specific credit spreads.

Put credit spreads = Bullish Put spreads.

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We are recommending credit spreads for December 2013 in the following positions for Portfolio #2:

GLD - GLD ETF investment seeks to replicate the performance, net of expenses, of the price of gold bullion. The trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the trust terminates and liquidates its assets, or as otherwise required by law or regulation.

We are recommending the following specific credit spreads.

Call credit spreads = Bearish Call spreads.

TRN - Trinity Industries, Inc. provides products and services to the industrial, energy, transportation, and construction sectors primarily in the United States, Canada, Mexico, the United Kingdom, Singapore, and Sweden. The companyÂ’s Rail group manufactures and sells railcars, including auto carrier, box, gondola, hopper, intermodal, specialty, and tank cars; and railcar components comprising couplers, axles, and other devices. This group serves railroads, leasing companies, and industrial shippers of various products. Its Construction Products group manufactures highway products, such as guardrail, crash cushions, and other protective barriers; provides hot-dip galvanizing services to manufacturers of fabricated steel materials; and manufactures construction equipment for the mining industry, as well as trench shields and shoring products for the underground construction industry. This group also produces and distributes aggregates, such as crushed stone, sand and gravel, and asphalt rock.

We are recommending the following specific credit spreads.

Put credit spreads = Bullish Put spreads.