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SEPTEMBER RECOMMENDATION LIST BEGINS

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We are recommending the following put writes to start our SEPTEMBER RECOMMENDED LIST.

We are recommending put writes on the following issues

IDCC - INTERDIGITAL COMMUNICATIONS develops and markets advanced digital wireless telecommunications systems using proprietary technologies for voice and data communications and has developed an extensive patent portfolio related to those technologies.

KKD - Krispy Kreme Doughnuts Inc. is a leading branded specialty retailer of premium quality doughnuts which are made throughout the day in our stores.

THRX - Theravance Inc is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders.

We are recommending the following specific put writes ( always double check symbol)

IDCC 29.09
SELL SEP 25 PUT = DAQ-UE
Target Price $45.00
Potential Profit(10 x = $450.00

Initial Margin $6,268 10 (contracts)
Return on Investment 7.18%
Cost Basis in Stock = $24.55
Days to Expiration = 33
Stock goes on Watch List Price at: $27.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $25.00


KKD $8.89
SELL SEP 7.50 PUT = KKD-UU
Target Price $30.00
Potential Profit(10 x = $300.00
Initial Margin $2,078 10 (contracts)
Return on Investment 14.44%
Cost Basis in Stock = $7.20
Days to Expiration = 33
Stock goes on Watch List Price at: $8.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $7.50


THRX $25.33
SELL SEP 20.00 PUT = TQM-UD
Target Price $70.00
Potential Profit(10 x = $700.00

Initial Margin $5,766 10 (contracts)
Return on Investment 12.14%
Cost Basis in Stock = $19.30
Days to Expiration = 33
Stock goes on Watch List Price at: $23.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $20.00


This starts out our SEPTEMBER RECOMMENDED LIST with 3 put writes


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