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NEW PLAYS for OPTION WRITER RECOMMENDED LIST

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We are recommending two additional put writes to our AUGUST RECOMMENDED LIST

We are recommending put writes on the following issues:

BRLI - Bio-Reference Laboratories, Inc. provides clinical laboratory testing services primarily in the greater New York metropolitan area. It laboratory testing services are utilized by healthcare providers for the detection, diagnosis, evaluation, monitoring, and treatment of diseases. The company offers a range of chemical diagnostic tests, including blood and urine analysis, blood chemistry, hematology services, serology, radioimmuno analysis, toxicology pap smears, tissue pathology, and other tissue analysis. It offers its services directly to physicians, hospitals, clinics, correctional, and other health facilities

CHIC - Charlotte Russe Holding, Inc., a mall-based specialty retailer, sells apparel, accessories, and footwear for young women in their teens and twenties in the United States. The company operates Charlotte Russe and Rampage retail stores that offer ready-to-wear apparel, including knit and woven tops, dresses, shorts, pants, and skirts, as well as seasonal items, such as prom dresses and outerwear. As of November 4, 2005, it operated 408 stores in 42 states and Puerto Rico. Charlotte Russe Holding was founded in 1975 and is headquartered in San Diego, California.

We are recommending the following specific put writes:


BRLI 22.78
SELL BRLI AUG SYM: BJQ-TD
Target Price $25.00 20 Put
Potential Profit(10 x = $250.00
Initial Margin $4,806 10 (contracts)
Return on Investment 5.20%
Cost Basis in Stock = $19.75
Days to Expiration =
Stock goes on Watch List Price at: $21.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $20.00


CHIC $25.49
SELL CHIC AUG SYM: UYC-TX
Target Price $40.00 22.5 Put
Potential Profit(10 x = $400.00

Initial Margin $5,498 10 (contracts)
Return on Investment 7.28%
Cost Basis in Stock = $22.10
Days to Expiration =
Stock goes on Watch List Price at: $24.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $22.50

This will bring our AUGUST put write recommended list to three (3) positions when filled

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