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WATCH LIST UPDATE - Option Writer 08-23-06

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OPTION

WRITER

SEPTEMBER

WATCH

LIST

8-23-06

ISSUE

CURENT

STOCK

PRICE

ISSUE GOES ON

WATCH LIST IFPRICE

DROPS BELOW

WATCH

LIST

PRICE

IDCC

31.03

BELOW

27.00

KKD

8.55

BELOW

8.00

THRX

25

BELOW

23.00

IIG

14.75

BELOW

13.50

GM

30.18

BELOW

29.00

WATCH LIST COMMENTARY: ACTION

Dow off 41 points .

All Current positions remain okay.

CURRENT ISSUES ON THE WATCH LIST - 8-23-06

NONE

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