We are recommending the following credit spread to the November 2014 expiration cycle.

We are recommending a credit spread for our Portfolio #1 in the following issue.

We will be adding a Put spread on LEN which when completed will create an iron butterfly on LEN when combined with our current open LEN Call spread.

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

Put credit spreads - Bullish Put spread.

We will be adding a Put spread on PM which when completed will create an iron butterfly on PM when combined with our current open PM Call spread.

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

Put credit spreads - Bullish Put spread.