We are starting off the FEBRUARY cycle very conservatively with just a couple of recommendations:
We are recommending put writes in the following companies.
SVNT - Savient Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development, manufacture, and marketing of pharmaceutical products that target unmet medical needs. It sells and distributes a generic version of oxandrolone, which is used to promote weight gain following involuntary weight loss related to disease or medical condition. The company also sells and distributes the branded version of oxandrolone in the United States, under the name Oxandrin. Further, Savient Pharmaceuticals is developing Puricase, which is in Phase III clinical studies for the control of elevated levels of uric acid in the blood or hyperuricemia.
SLT - Sterlite Industries (India) Limited engages primarily in the production of copper in India. Its products include copper cathodes; and cast copper rods, including 11 mm and 12 mm rods used in the transformer industry, and 8 mm rods used by the wires and cables industry with applications in housing wires, electrical cables, and telecom cables. The company also engages in the mining of bauxite, and the production of aluminum conductors and various aluminum products, as well as in the mining of zinc ore, and in the manufacture of zinc ingots and lead ingots
We are recommending the following specific put writes