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2 ADDITIONS TO OUR RECOMMENDATION LIST

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We are adding the following Put write positions to our RECOMMENDATION LIST

OPMR - (Optimal Group, Inc.)
through its wholly owned subsidiaries,
operates as a payments and services company in North America and the
United Kingdom. The company provides technology and services that
businesses require to accept credit card, electronic check, and direct
debit payments. It processes credit card, electronic check, and direct
debit payments for Internet businesses, mail-order/telephone-order,
and retail point-of-sale merchants. In addition, the company offers
hardware maintenance and repair outsourcing services to retail,
financial services, and other third-party accounts.

FHR - (Fairmont Hotels & Resorts, Inc.)
(FHR) engages in the ownership and operation of hotels and resorts in the
United States, Mexico, Bermuda, Barbados, the United Kingdom, Monaco, and
he United Arab Emirates. The company also holds ownership interests in
various properties located in the above places. In addition, it owns real
estate properties, as well as a vacation ownership product. As of May 11, 2005,
FHR managed and franchised 82 luxury and first class hotels with approximately
32,000 guestrooms, and 37 Canadian hotels and resorts; and managed 46 luxury
properties


PUT SPREADS

SELL OPMR OCT $17.50 PUT OQG-VW
Target Price $30.00 or $0.30
Potential Profit( 10 x = $300.00
Initial Margin $4,304 10 (contracts)
Return on Investment 6.97%
Cost Basis in Stock = $17.20
Days to Expiration = 29


SELL FHR OCT $30.00 PUT FHR-VF
Target Price $40.00 or $0.40

Potential Profit( 10 x = $400.00
Initial Margin $7,002 10 (contracts)
Return on Investment 5.71%
Cost Basis in Stock = $29.60
Days to Expiration = 29

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