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LAST MAY RECOMMENDED PLAY 5-14-06

HAVING TROUBLE PRINTING?
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FINAL MAY PUT WRITE RECOMMENDATION

One final put write for MAY:

After the two consequence triple digit days on the downside we are recommending one
additional put write to our MAY RECOMMENDED LIST in anticipation of stablization over the next several days. The May plays have very little premium so as you can see they are limited in scope

LEA - Lear Corporation provides automotive interior systems worldwide. It has three segments: Seating; Interior; and Electronic and Electrical. The Seating segment manufactures, assembles, and supplies vehicle seating requirements. The Interior segment includes instrument panels and cockpit systems, headliners and overhead systems, door panels, flooring and acoustic systems, and other interior products.

We are recommending the following specific put write"

LEA 26.09
SELL LEA MAY SYM: LEA-QE
Target Price $35.00 25 Put
Potential Profit(10 x = $350.00
Initial Margin $5,568 10 (contracts)
Return on Investment 6.29%
Cost Basis in Stock = $24.65
Days to Expiration = 5
Stock goes on Watch List Price at: $25.75
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $25.00


Look for only a couple of JUNE RECOMMENDATIONS later this evening

There may be some bargins at this level, but we will thread cautiously

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