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NO FILLS ON PETS OATS or MCRI

HAVING TROUBLE PRINTING?
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Even the best laid plans don't workout your way. We get the pullback, but none of our three put writes give us an opportunity for entry. I thought we could back into some inflated premiums, but we could not. However, I like these plays at these levels. We are keeping all three plays as OPEN orders, but we are changing our entry points to the following targets.

The new target price will be in BLUE below

We are recommending the same three put writes, with a CHANGE OF THE TARGET PRICE. The NEW TARGETS ARE IN BLUE

MCRI 27.98
SELL MCRI SYM: QIK-PE
Target Price $35.00 25 Put
Potential Profit(10 x = $350.00

Initial Margin $5,988 10 (contracts)
Return on Investment 7.52%
Cost Basis in Stock = $24.70
Days to Expiration = 30
Stock goes on Watch List Price at: $26.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less then $25.00


PETS $19.45
SELL PETS SYM: TRQ-PW
Target Price $25.00 17.5 Put
Potential Profit(10 x = $250.00
Initial Margin $4,132 10 (contracts)
Return on Investment 7.26%
Cost Basis in Stock = $17.25
Days to Expiration = 30
Stock goes on Watch List Price at: $18.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less then $17.50

OATS $19.18
SELL OATS SYM: QOQ-PW
Target Price
$30.00 17.5 Put
Potential Profit(10 x =
$30.00
Initial Margin $4,112 10 (contracts)
Return on Investment 8.51%
Cost Basis in Stock = $17.20
Days to Expiration = 30
Stock goes on Watch List Price at: $18.25
STOP EXIT STRATEGY
Close option position if Stock CLOSES less then => $17.50

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

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