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Option Writer JULY 2007 recommendations 6-17-07

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We are recommending the following JULY option writer recommendations

We are recommending put writes in the following issues:

THOR - Thoratec Corp develops, manufactures and markets proprietary medical devices used for circulatory support, vascular graft, blood coagulation and skin incision applications. They currently market the Thoratec Ventricular Assist Device System (called Thoratec VAD System or VAD System) and the HeartMate Left Ventricular Assist System (called HeartMate LVAS) in the United States and internationally for use as a bridge to heart transplant

MR - Mindray Medical International Limited is a leading developer, manufacturer and marketer of medical devices in China with a significant and growing presence worldwide. Mindray offers a broad range of products across three primary business segments: patient monitoring devices, diagnostic laboratory instruments, and ultrasound imaging systems

PRXI - Premier Exhibitions, Inc. is a major provider of museum quality touring exhibitions throughout the world. It is Premier Exhibitions, Inc., the parent company of RMS Titanic, Inc. has developed two new touring exhibitions.

POZN - Pozen Inc. is pharmaceutical development company committed to building a portfolio of products with significant commercial potential in select therapeutic areas. Its initial area of focus is migraine, where the company have built a portfolio of four product candidates through a combination of innovation and in-licensing

We are recommending the following specific put writes


THOR 19.26
SELL JULY 17.5 PUT = TQU-SW
Target Price $25.00
Potential Profit(10 x = $250.00

Initial Margin $4,102 10 (contracts)
Return on Investment 6.09%
Cost Basis in Stock = $17.25
Days to Expiration = 32
Stock goes on Watch List Price at: $18.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $17.50


MR $28.71
SELL JULY 25.00 PUT =
MR-SE
Target Price $40.00
Potential Profit(10 x = $400.00

Initial Margin $6,142 10 (contracts)
Return on Investment 6.51%
Cost Basis in Stock = $24.60
Days to Expiration = 32
Stock goes on Watch List Price at: $27.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $25.00

PRXI $17.17
SELL JULY 15.00 PUT = NUI-SC
Target Price $25.00
Potential Profit(10 x = $250.00

Initial Margin $3,684 10 (contracts)
Return on Investment 6.79%
Cost Basis in Stock = $14.75
Days to Expiration = 32
Stock goes on Watch List Price at: $16.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $15.00


POZN $17.49
SELL JULY 15 PUT = QKZ-SC
Target Price $30.00
Potential Profit(10 x = $300.00
Initial Margin $3,798 10 (contracts)
Return on Investment 7.90%
Cost Basis in Stock = $14.70
Days to Expiration = 32
Stock goes on Watch List Price at: $16.00
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $15.00

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