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ADDITIONAL JULY RECOMMENDED PLAYS - 6-20-06

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We are recommending the following four (4) put writes to add to our JULY RECOMMENDED LIST


We are recommending puts in the following issues:


MXWL - Maxwell Technologies, Inc. engages in the development, manufacture, and marketing of energy storage, and power delivery components and systems. The company's products include ultracapacitors, radiation-mitigated microelectronic products, and high-voltage capacitors

IIIN - Insteel Industries, Inc., through its wholly owned subsidiary, Insteel Wire Products Company, engages in the manufacture and marketing of concrete reinforcing products and industrial wire products for construction and industrial applications primarily in the United States. It offers concrete reinforcing products, which include welded wire reinforcement (WWR) and prestressed concrete strand (PC strand). WWR is produced as an engineered reinforcing product for use in nonresidential, infrastructure, and residential construction.

GOL - Gol Linhas Aereas Inteligentes S.A., through its subsidiary, Gol Transportes Aereos S.A., provides airline services in Brazil, Argentina, Bolivia, Uruguay, and Paraguay. The company's services include passenger, cargo, and charter services. As of March 20, 2006, Gol Linhas provided 440 daily flights to 49 destinations and operated a fleet of 45 Boeing 737 aircraft. The company was founded in 2001 and is headquartered in Sao Paulo, Brazil.

MED - Medifast, Inc., through its subsidiaries, engages in the production, distribution, and sale of weight and disease management products, and other consumable health and diet products in the United States. Its products also include meal replacement and sports nutrition products. The company offers its products through Web, call center, independent health advisors, medical professionals, weight loss clinics, and direct consumer marketing supported by phone and the Web. Medifast was incorporated in 1980 and is headquartered in Owings Mills, Maryland.


We are recommending the following four (4) specific put writes:


MXWL 20.32
SELL MXWL JUL SYM:
QMW-SW
Target Price $20.00 17.5 Put
Potential Profit(10 x = $200.00
Initial Margin $4,264 10 (contracts)
Return on Investment 4.69%
Cost Basis in Stock = $17.30
Days to Expiration = 31
Stock goes on Watch List Price at: $19.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $17.50


GOL $33.40
SELL GOL JUL SYM:
GOL-SF
Target Price $65.00 30 Put
Potential Profit(10 x = $650.00

Initial Margin $7,330 10 (contracts)
Return on Investment 8.87%
Cost Basis in Stock = $29.35
Days to Expiration = 31
Stock goes on Watch List Price at: $32.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $30.00


IIIN $20.29
SELL IIIN JUL SYM: IQF-SW
Target Price $45.00 17.5 Put
Potential Profit(10 x = $450.00

Initial Margin $4,508 10 (contracts)
Return on Investment 9.98%
Cost Basis in Stock = $17.05
Days to Expiration = 31
Stock goes on Watch List Price at: $19.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $17.50

MED $18.31
SELL MED JUL SYM: MED-SC
Target Price $40.00 15 Put
Potential Profit(10 x = $400.00

Initial Margin $4,062 10 (contracts)
Return on Investment 9.85%
Cost Basis in Stock = $14.60
Days to Expiration = 31
Stock goes on Watch List Price at: $17.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $15.00


In addition to the earlier JULY recommendation from today

With the the addition of these four (4) positions along with the previous one (1) today
this will bring our JULY RECOMMENDED LIST to ten (10) positions.

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