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THREE ADDITIONAL RECOMMENDATIONS FOR MAY

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We are recommending the following three (3) put writes


We are recommending put writes on the following issues:

LYV - LIVE NATION -Live Nation is one of the world's largest diversified promoters and producers of, venue operators and sponsorship/advertising for, live entertainment events including music concerts, theatrical performances, and specialized motor sports events.

NVL - Novelis, Inc. produces aluminum rolled products. The company supplies aluminum sheet and foil to the automotive and transportation, beverage and food packaging, construction and industrial, and printing markets in Asia, Europe, North America, and South America. It sells its products through direct sales channel and aluminum distributors. Novelis was founded in 2004 and is headquartered in Atlanta, Georgia.

PEIX - Pacific Ethanol, Inc. engages in the development, production, and marketing of renewable fuels in the western United States. Pacific Ethanol is constructing an ethanol production facility in Madera County, California, as well as developing four additional plants on the West Coast. Kinergy Marketing, LLC, the company's wholly owned subsidiary, is a West Coast based marketer of ethanol.


We are recommending put writes on the following specific strikes

LYV 19.21
SELL LYV MAY SYM: LYV-QW
Target Price $20.00 17.5 Put
Potential Profit(10 x = $200.00
Initial Margin $4,042 10 (contracts)
Return on Investment 4.95%
Cost Basis in Stock = $17.30
Days to Expiration = 24
Stock goes on Watch List Price at: $18.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $17.50

NVL $24.01
SELL NVL MAY SYM: NVL-QX
Target Price $30.00 22.5 Put
Potential Profit(10 x = $300.00
Initial Margin $5,102 10 (contracts)
Return on Investment 5.88%
Cost Basis in Stock = $22.20
Days to Expiration = 24
Stock goes on Watch List Price at: $24.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $22.50

PEIX $33.30
SELL PEIX MAY SYM: PFQ-QE
Target Price $45.00 25 Put
Potential Profit(10 x = $450.00
Initial Margin $7,110 10 (contracts)
Return on Investment 6.33%
Cost Basis in Stock = $24.55
Days to Expiration = 24
Stock goes on Watch List Price at: $30.00
STOP EXIT STRATEGY
Close option position if Stock drops to => $25.00

When these positions are filled this will bring our MAY RECOMMENDATIONS to
a total of seven (7)

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