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ADDITIONAL APRIL RECOMMENDATIONS & WATCH LIST UPDATE

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We are adding the following three (3) put writes to our APRIL RECOMMENDED LIST.

We are recommending put writes on the following issues:

MCRI - Monarch Casino & Resort, Inc., through its wholly owned subsidiary, Golden Road Motor Inn, Inc., engages in the ownership and operation of the Atlantis Casino Resort (ACR), a hotel/casino facility in Reno, Nevada. As of December 31, 2004, ACR features approximately 51,000 square-feet of casino space with 1,450 slot and video poker machines and 38 table games; a hotel and a motor lodge with rooms totaling 980; a sky terrace bridge; 7 restaurants; 7 bars; a nightclub; swimming pools; a health club and salon; a gift shop; a family entertainment center; a banquet and meeting space; and surface parking spaces for approximately 2,000 vehicles. The company was founded in 1972 and is based in Reno, Nevada

PETS - PetMed Express, Inc., doing business as 1-800-PetMeds, delivers prescription and nonprescription pet medications and other health products for dogs, cats, and horses in the United States. Petmed Express' prescription medication products include heartworm treatments, thyroid and arthritis medications, antibiotics, and other specialty medications, as well as generic substitutes

OATS - Wild Oats Markets, Inc. operates natural foods supermarket chains in North America. The company's supermarkets offers dry grocery, meat, poultry, seafood, dairy, frozen, prepared foods, bakery, vitamins and supplements, health and body care, and household items. As of February 20, 2006, it operated 111 natural foods stores in the United States and Canada.


We are recommending specifically the following three (3) put writes

MCRI 27.69
SELL MCRI 1000 SYM: QIK-PE
Target Price $45.00 25 Put
Potential Profit(10 x = $450.00

Initial Margin $5,988 10 (contracts)
Return on Investment 7.52%
Cost Basis in Stock = $24.55
Days to Expiration = 31
Stock goes on Watch List Price at: $26.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less then $25.00


PETS $19.16
SELL PETS 87 SYM: TRQ-PW
Target Price $30.00 17.5 Put
Potential Profit(10 x = $300.00
Initial Margin $4,132 10 (contracts)
Return on Investment 7.26%
Cost Basis in Stock = $17.20
Days to Expiration = 31
Stock goes on Watch List Price at: $18.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less then $17.50

OATS $18.81
SELL OATS 194 SYM: QOQ-PW
Target Price $35.00 17.5 Put
Potential Profit(10 x = $350.00
Initial Margin $4,112 10 (contracts)
Return on Investment 8.51%
Cost Basis in Stock = $17.15
Days to Expiration = 31
Stock goes on Watch List Price at: $18.25
STOP EXIT STRATEGY
Close option position if Stock CLOSES less then => $17.50

When these positions are filled this will bring our APRIL RECOMMENDED LIST
to eight (8) positions.

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