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ONE (1) of our INITIAL FEB RECOMMENDATIONS FILLED - 2 OTHERS OPEN GTC

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FOLLOWING PUT WRITES - FILLED and OPEN

VRX PUT WRITE FILLED FOR NET CREDIT OF $0.35 or $35 per contract

VRX
SELL VRX FEB SYM: VRX-NC
Target Price $35.00 15 Put
Potential Profit(10 x = $350.00

Initial Margin $4,202 10 (contracts)
Stock goes on Watch List Price at: $17.00
STOP EXIT STRATEGY
Close option position if Stock drops to => $15.00

VRX is the first FILL and first issue on our FEBRUARY RECOMMENDED LIST


THESE TWO (2) ORDERS BELOW DPTR & CONR ARE OPEN AND GTC until FILLED or CANCELLED


OPEN & GTC

DPTR
SELL DPTR FEB SYM: QHR-ND
Target Price $45.00 20 Put
Potential Profit(10 x = $450.00
Initial Margin $5,042 10 (contracts)
Return on Investment 8.93%
Cost Basis in Stock = $19.55
Days to Expiration = 36
Stock goes on Watch List Price at: $22.00
STOP EXIT STRATEGY
Close option position if Stock drops to => $20.00


CONR
SELL CONR FEB SYM: QAP-NW
Target Price $50.00 17.5 Put
Potential Profit(10 x = $500.00
Initial Margin $4,818 10 (contracts)
Return on Investment 10.38%
Cost Basis in Stock = $17.00
Days to Expiration = 36
Stock goes on Watch List Price at: $19.50
STOP EXIT STRATEGY
Close option position if Stock drops to => $17.50

We may will be adding more put writes near the end of the week, but will definitely have several put writes being issues on the weekend for the OPENING on next MONDAY after January option cycle has concluded.

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