We are going to add the following recommendations to our July recommended list.
We are recommending credit spreads in the following issues:
CPT - CAMDEN PROPERTY TRUST is a self-administered and self-managed real estate investment trust that is engaged in the ownership, development, acquisition, management, marketing and disposition of multi-family apartment communities in the Southwest and Mountain regions of the United States.
OII - OCEANEERING INTERNATIONAL, INC. is an advanced applied technology company that provides engineered services and hardware to customers who operate in marine, space and other harsh environments. The company supplies a comprehensive range of integrated technical services to a wide array of industries and is one of the world's largest underwater services contractors.
AAPL - APPLE COMPUTER, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers.
AMZN - AMAZON.COM Inc. seeks to be the world's most customer-centric company, where customers can find and discover anything they may want to buy online. The company lists unique items in categories such as books, music, DVDs, videos, consumer electronics, toys, camera and photo items, software, computer and video games, tools and hardware, lawn and patio items, kitchen products, and wireless products. Amazon will announce earning 7-15-09, but we can decide if any action will be necessary, as it will be only two (2) from expiration.
We are recommending the following specific credit spreads.
Call Credit Spreads = Bearish Call Spreads.
Put Credit Spreads = Bullish Put Spreads