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TWO NEW FEBRUARY RECOMMENDATIONS

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Two (2) put writes to be added to our FEBRUARY RECOMMENDED LIST

We are recommending put writes in the following issues:

GRA - W. R. Grace & Co.
provides specialty chemicals and materials worldwide. It operates through two segments, Davison Chemicals and Performance Chemicals. The Davison Chemicals segment produces fluid cracking catalysts and additives used in petroleum refineries to convert distilled crude oil into transportation fuels and other petroleum-based products, as well as hydroprocessing catalysts that upgrade heavy oils and remove certain impurities

IDCC - InterDigital Communications Corporation
engages in the design, development, licensing, and sale of wireless technology solutions for voice and data communications. Its solutions primarily include time division multiple access and code division multiple access technologies, as well as technologies covering 2G, 2.5G, 3G, and 802 standards. The company's solutions are incorporated in various products, which principally comprise mobile phones and personal digital assistants; other wireless devices, such as laptops, PC cards, and USB sticks; base stations and other infrastructure equipment; and modules and components for wireless devices.


We are recommending the following two (2) put writes


GRA $13.50
SELL GRA FEB SYM: GRA-NB
Target Price $20.00 10 Put
Potential Profit(10 x = $200.00
Initial Margin $2,900 10 (contracts)
Return on Investment 6.90%
Cost Basis in Stock = $9.80
Days to Expiration = 15
Stock goes on Watch List Price at: $12.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $10.00

IDCC $25.24
SELL IDCC FEB SYM: DAQ-NX
Target Price $20.00 22.5 Put
Potential Profit(10 x = $200.00

Initial Margin $5,248 10 (contracts)
Return on Investment 3.81%
Cost Basis in Stock = $22.30
Days to Expiration = 15
Stock goes on Watch List Price at: $24.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $22.50


When these positions are filled it will bring out FEBRUARY recommended list to
ten (10) positions.

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