We are recommending the following credit spreads to the October 2014 expiration cycle.

We are recommending credit spreads for our Portfolio #1 in 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 companyÂ’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, and water bottles. The company sells its products through a chain of corporate-owned and operated retail 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 2, 2014, it operated 254 stores in the United States, Canada, Australia, and New Zealand under the lululemon athletica and ivivva athletica brand names. lululemon athletica inc. was founded in 1998 and is based in Vancouver, Canada.

ATI - Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components, and Flat-Rolled Products. The High Performance Materials and Components segment provides various high performance materials, including titanium and titanium-based alloys; nickel- and cobalt-based alloys and super alloys; zirconium and related alloys, such as hafnium and niobium; and advanced powder alloys and other specialty alloys primarily in long product forms of ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings and castings, and machined parts. The Flat-Rolled Products segment offers stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys in various product forms comprising plates, sheets, engineered strips, and precision rolled strip products, as well as grain-oriented electrical steel sheets. The company serves aerospace and defense, oil and gas, chemical process, electrical energy, medical, automotive, food processing equipment and appliances, construction and mining, electronics, and communication equipment and computers industries. The company sells its products through direct sales and independent representatives. Allegheny Technologies Incorporated was founded in 1960 and is headquartered in Pittsburgh,

So we are recommending the following specific credit spreads for Portfolio #1:

Call credit spreads - Bearish Call spreads.

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We are recommending the following credit spreads to the October 2014 expiration cycle.

We are recommending credit spreads for our Portfolio #2 in the following issues.

GRMN - Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets hand-held, portable and fixed-mount global positioning system (GPS) enabled products and other navigation, communication, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets worldwide. It operates in five segments: Auto/Mobile, Aviation, Marine, Outdoor, and Fitness. The Auto/Mobile segment offers a range of automotive navigation products, as well as various products and applications designed for the mobile GPS market. The Aviation segment provides GPS-enabled navigation, VHF communications transmitters/receivers, multi-function displays, electronic flight instrumentation systems, automatic flight control systems, traffic advisory systems and traffic collision avoidance systems, terrain awareness and warning systems, instrument landing system receivers, surveillance products, audio panels, cockpit datalink systems, and others. The Marine segment offers chartplotters and multi-function displays, fish finders, sounders, autopilot systems, radars, instruments, radios, handhelds and wrist-worn devices, and sailing products for use in the recreational marine industry. The Outdoor segment provides outdoor handhelds, wrist-worn devices, golf devices, dog tracking and training/pet obedience devices, and action cameras. The Fitness segment offers training assistants for athletes; personal training systems and pedal-based power meters designed for cyclists; watches designed for swimming pool use; wellness devices; and a Web-based analytic tool that could be used to store, analyze, and share fitness and wellness data of users. The company was founded in 1990 and is based in Schaffhausen, Switzerland.

DIS - The Walt Disney Company operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. The Media Networks segment operates broadcast and cable television networks, domestic television stations, and radio networks and stations; and is involved in the television production and television distribution operations. Its cable networks include ESPN, Disney Channels Worldwide, ABC Family, and SOAPnet, as well as UTV/Bindass. This segment owns eight domestic television stations. The Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida that includes theme parks; hotels; vacation club properties; a retail, dining, and entertainment complex; a sports complex; conference centers; campgrounds; golf courses; water parks; and other recreational facilities. This segment also operates Disneyland Resort in California; Disney Resort& Spa in Hawaii; Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, as well as licenses the operations of Tokyo Disneyland Resort. The Studio Entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings, and live stage plays. The Consumer Products segment licenses trade names, characters, and visual and literary properties to retailers, show promoters, and publishers; publishes entertainment and educational books, magazines, comic books; and operates English language learning centers. This segment is involved in the retail and online distribution of products through the Disney Store and DisneyStore.com. The Interactive segment creates and delivers entertainment and lifestyle content across interactive media platforms. The company was founded in 1923 and is based in Burbank, California.

AAPL - Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. It also sells software, services, peripherals, networking solutions, and third-party digital content and applications related to its products. The company offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets based on AppleÂ’s iOS Multi-Touch operating system; Mac, a line of desktop and portable personal computers; and iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, iPod shuffle, and iPod classic. It also provides Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and various accessories, service and support offerings; and manufactures the Apple LED Cinema Display and Thunderbolt Display. In addition, the company sells various other application software comprising Final Cut Pro, Logic Pro X, and its FileMaker Pro database software, as well as a range of Apple-branded and third-party Mac-compatible, and iOS-compatible peripheral products, including printers, storage devices, computer memory, digital video and still cameras, pointing devices, and various other computing products and supplies. Apple Inc. sells digital content and applications through the iTunes Store, App Store, iBooks Store, and Mac App Store; and its products through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. The company also sells a range of third-party products through its online and retail stores. It serves various consumers, small and mid-sized businesses, as well as education, enterprise, and government customers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

We are recommending the following specific credit spreads for Portfolio #2:

Call credit spread - Bearish Call Spread.

Put credit spreads - Bullish Put spreads.

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We are recommending the following credit spreads to the October 2014 expiration cycle.

We are recommending credit spreads for our Portfolio #3 in the following issues.

NEM - Newmont Mining Corporation, together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The companyÂ’s assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, New Zealand, Mexico, and Suriname. As of December 31, 2013, it had proven and probable gold reserves of approximately 88.4 million ounces and an aggregate land position of approximately 24,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.

NVDA - NVIDIA Corporation operates as a visual computing company. The company operates through two segments, GPU and Tegra Processors. The GPU segment offers GeForce for consumer desktop and notebook personal computers; Quadro for professional workstations; Tesla for high-performance servers and workstations; and NVIDIA GRID for server graphics solutions. The Tegra Processors segment offers Tegra processors for smartphones, tablets, gaming devices, and other computer devices, such as Windows RT-based devices, set-top boxes, chromebooks, clamshells, and others; Icera baseband processors and radio frequency transceivers for mobile connectivity; Tegra NOTE, a tablet platform based on Tegra 4; Tegra VCM, a Tegra-based vehicle computing module that integrates an automotive computer into a single component; and SHIELD, an android gaming device for digital content in the cloud. The companyÂ’s products are used in gaming, design and visualization, high performance computing, data center, and automotive and smart device markets. NVIDIA Corporation sells its products to equipment manufacturers, original design manufacturers, system builders, motherboard manufacturers, and add-in board manufacturers in the United States, China, Taiwan, the rest of Asia Pacific, Europe, and other Americas. The company was founded in 1993 and is headquartered in Santa Clara, California.

We are adding the following specific credit spreads for Portfolio #3:

Call credit spread - Bearish Call Spread.