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NEW TRADES FOR AUGUST RECOMMENDATION LIST

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We are adding two (2) put writes ot our AUGUST RECOMMENDED LIST

We are recommending put writes on the following issues:

GM - General Motors Corporation (GM), together with its subsidiaries, primarily engages in the design, manufacture, and marketing of automotive products worldwide. The company operates through Automotive, and Financing and Insurance Operations (FIO) segments. The Automotive segment designs, manufactures, and markets passenger cars, including small, medium size, sport, and luxury cars; and trucks, including pickups, vans, utilities, and medium duty trucks.

SMSC - Standard Microsystems Corporation engages in the design and sale of various silicon-based integrated circuits (ICs) that incorporate digital or analog signal processing technologies primarily in the United States. It's ICs and systems provide various signal processing attributes that are incorporated into various end products in the mobile and desktop personal computer, consumer electronics and infotainment, and industrial and other markets.

We are recommending the following specific put writes.


SMSC 26.52
SELL SMSC AUG SYM: SMQ-TX
Target Price $30.00 22.5 Put
Potential Profit(10 x = $300.00

Initial Margin $5,604 10 (contracts)
Return on Investment 5.35%
Cost Basis in Stock = $22.20
Days to Expiration = 22
Stock goes on Watch List Price at: $25.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $22.50

GM $34.00
SELL GM AUG SYM: GM-TY
Target Price $25.00 27.5 Put
Potential Profit(10 x = $250.00

Initial Margin $7,050 10 (contracts)
Return on Investment 3.55%
Cost Basis in Stock = $27.25
Days to Expiration = 22
Stock goes on Watch List Price at: $31.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $27.50


These positions when filled will bring our AUGUST RECOMMENDATIONS to five(5)

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