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 issue(s).

NEM - Newmont Mining Corporation, together with its subsidiaries, acquires, explores for, and produces gold, copper, and silver deposits. The company?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.

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.

We will be adding put spreads to BOTH IBM and MCD which when completed will create iron condors on IBM and MCD when combined with our current open IBM and MCD call spreads.

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

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.

MPEL - Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 480 gaming tables and 1,400 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 20 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 140 gaming tables; 230 hotel rooms; and various non-gaming entertainment venues comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it owns and operates Mocha Clubs that provide non-casino based operations of 1,369 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Further, the company is developing the Studio City Project, a cinematically-themed integrated entertainment, retail, and gaming resort. The company was formerly known as Melco PBL Entertainment (Macau) Limited and changed its name to Melco Crown Entertainment Limited in May 2008. Melco Crown Entertainment Limited was incorporated in 2004 and is headquartered in Central, Hong Kong.

We are also recommending a put spread on T , which when completed will give us a iron butterfly when combined with our current open call spread on T.

Hence, we are adding the following specific credit spreads for Portfolio #3:

Call credit spread - Bearish Call Spread.