We are the following to our February 2015 recommendationed list.

We are recommending the following credit spread(s) to the February 2015 expiration cycle.

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

BAC - Bank of America Corporation (Bank of America) is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers, small and middle market businesses, institutional investors, large corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. Through its banking and various nonbanking subsidiaries throughout the United States and in international markets, Bank of America provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking (CBB), Consumer Real Estate Services (CRES), Global Wealth & Investment Management (GWIM), Global Banking and Global Markets and remaining operations are included in All Others. The Company’s franchise network includes approximately 5,100 banking centers, 16,300 ATMs, nationwide call centers, and online and mobile platforms.

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

Call credit spreads - Bearish Call spreads.

================================================

We are recommending the following credit spreads to the February 2015 expiration cycle.

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

DE - Deere & Company (John Deere) operates in three segments: agriculture and turf, construction and forestry and financial services. The John Deere agriculture and turf segment manufactures and distributes a line of agricultural and turf equipment and related service parts. John Deere construction, earthmoving, material handling and forestry equipment includes a range of backhoe loaders, crawler dozers and loaders, excavators, motor graders, articulated dump trucks, landscape loaders, log loaders and log forwarders, among others. The financial services segment finances sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment. The Company under the brand Auteq, develops products and services to help customers leverage the data produced by onboard computers in equipment used for planting, crop care and harvesting in sugarcane production. In addition to software, Auteq also specializes in hardware support.

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

Call credit spreads - Bearish Call spreads.

================================================

We are recommending the following credit spreads to the February 2015 expiration cycle.

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

MGM - MGM Resorts International is a holding company. The Company is a hospitality company. The Company’s primary business is the ownership and operation of casino resorts, which includes offering gaming, hotel, convention, dining, entertainment, retail and other resort amenities. The Company operates in segments: wholly owned domestic resorts and MGM China. The Company operates 15 wholly owned resorts in the United States. MGM China's operations consist of the MGM Macau resort and casino (MGM Macau). The Company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail and other resort amenities. All of its casino resorts operate 24 hours a day, every day of the year, with the exception of Grand Victoria which operates 22 hours a day, every day of the year. At its wholly owned domestic resorts, the Company’s primary casino and hotel operations are owned and managed by the Company.

AA - Alcoa Inc. (Alcoa) is engaged in lightweight metals, products and solutions. The Company offers its technology and expertise in automotive and aerospace transportation, building and construction, consumer electronics and packaging, defense applications across air, land and sea, and the oil and gas industry. The Company is also a producer of primary aluminum, as well as a miner of bauxite and refiner of alumina. The Company’s segments include Alumina, Primary Metals, Global Rolled Products and Engineered Products and Solutions.

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

Call credit spread - Bearish Call Spread.

=============================================================================

MCM FEBRUARY 2015 recommendations - IRON CONDOR.

=============================================================================

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

We are going to add a put spread on SLV , which when combined with our current caa spread on SLV will give us an iron condor.

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

We are recommending the following specific credit spread below for SLV.

Put credit spread - Bullish Put Spread.