This is the MCM January recommended list for Monday.

Last last was sent in error with the WPRT not listed.

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

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

We are recommending a CLF 25/23 put spread on CLF to complete an iron condor when joined with our existing call spread position on CLF.

This spreads will not require any additional margin with the right broker.

We are recommending the following specific credit spreads.

Put credit spreads = Bullish put spreads.

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

GDX - Gold Miners ETF Index -The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund invests at least 80% of its total assets in common stocks and ADRs of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. The Gold Miners Index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining for gold and silver. The fund is non-diversified.

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

Call credit spreads = Bearish call spread.

We are also recommending a WPRT January 19/17 put spread on WPRT to complete iron butterfly when joined with our existing call spread position on WPRT .

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.