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3 ADDITIONS TO OUR OCTOEBER RECOMMENDED PUT WRITE LIST

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Three (3) additions to our OCTOBER RECOMMENDED PUT WRITES. Two in the energy field and one in the
Health sector.

Our new additions are as follows:


ABGX (Abgenix, Inc.,)
a biopharmaceutical company, engages in the discovery, development,
and manufacture of human therapeutic antibodies for the treatment of various
disease conditions, including cancer, inflammation, and metabolic disease. Its
antibody therapeutic product candidates, which are in clinical trials, include
Panitumumab (ABX-EGF) a human antibody therapeutic product candidate directed against
the epidermal growth factor receptor and a candidate


IOTN (Ionatron, Inc.)
engages in the development and marketing of Directed Energy Weapon
technology products for the United States Government. It designs and manufactures
laser-induced plasma channel weapons, which work like man-made lightning to disable
people or vehicles that threaten security. I


THE (TODCO)
provides contract oil and gas drilling services in the shallow water of the U.S. Gulf
of Mexico and along the U.S. Gulf Coast. It contracts its drilling rigs, equipment, and work
crews on a day rate basis to drill oil and natural gas wells. As of June 7, 2005, the company
operated a fleet of 65 drilling rigs that consisted of 28 inland barge rigs, 24 jackup rigs,
3 submersible rigs, 1 platform rig, and 9 land rigs in shallow and inland waters of the United States;
Mexico; Trinidad; and Venezuela.

RECOMMENDED PUT WRITES: These are Good-til-cancelled or until we fill or inform you to straight cancel the order

SELL ABGX OCT $7.50 PUT AZG-VU
Target Price $25.00 or $0.25
Potential Profit( 10 x = $250.00
Initial Margin $2,628 10 (contracts)
Return on Investment 9.51%
Cost Basis in Stock = $7.25
Days to Expiration = 37


SELL IOTN OCT $7.50 PUT QVM-VU
Target Price $20.00 or $0.20
Potential Profit( 10 x = $200.00
Initial Margin $2,080 10 (contracts)
Return on Investment 9.62%
Cost Basis in Stock = $7.30
Days to Expiration = 37

SELL THE OCT $30.00 PUT THE-VF
Target Price $65.00 or $0.65
Potential Profit( 10 x = $650.00
Initial Margin $7,390 10 (contracts)
Return on Investment 8.80%
Cost Basis in Stock = $29.35
Days to Expiration = 37

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