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).

We are issuing credit put spreads in CONN and ATI, which when combined with our existing call spreads will give us an iron butterfly on CONN and ATI.

Below are the recommended put spreads to complete the iron butterflies on CONN & ATI.

Put credit spreads - Bullish Put spreads.

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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.

YELP - Yelp Inc. operates as an online local guide that connects people primarily with boutiques, mechanics, restaurants, and dentists. The companyÂ’s local advertising services include free online business account that enables businesses to view business trends, use the revenue estimator tool, message customers, update information, and offer Yelp deals and gift certificates; enhanced listing solution, which eliminates search advertising from the businessesÂ’ profile pages and allows to incorporate a video clip or photo slide show on the pages; search and other ads services; and call to action, a feature that allows businesses to promote various transaction. It also offers brand advertising solutions, such as traditional display advertising comprising graphic and text display advertisements on companyÂ’s Website and mobile applications; and brand sponsorships for various national brands from automobile, financial services, logistics, consumer goods, and health and fitness industries comprising traditional display advertising. In addition, the company provides Yelp platform, which allows consumers to transact directly; online reservation services in restaurants and nightlife venues; Yelp deals, a product that allows local business owners to create promotional discounted deals for products and services; and gift certificates products for local business owners to sell full-price gift certificates directly to customers. It serves customers in Australia, Austria, Belgium, Brazil, Canada, the Czech Republic, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States. The company was founded in 2004 and is headquartered in San Francisco, California.

DIS - The Walt Disney Company, together with its subsidiaries, 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, and ABC Family, as well as UTV/Bindass and Hungama. 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 in Japan. 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, online, and wholesale 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.

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

Call credit spreads - Bearish Call spreads.

Put credit spreads - Bullish Put spreads.

Additionally we will be adding a put spread on WDAY , which when combined with our existing call spread on WDAY will create and iron condor on WDAY.

Below iw the recommended put spread to complete the iron condor on WDAY.
p>Put credit spreads - Bullish Put spreads.

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We will be starting MCM March recommendations next weekend.