We are adding a couple of February plays this weekend and wait until
next weekend and start our March plays when we usually do, which is one
week before the current month options (February) come off the board.
So we are recommending credit spreads in the following issues.
JOYG - Joy Global Inc. is a worldwide leader in manufacturing, servicing and distributing equipment for surface mining through its P&H Mining Equipment division and underground mining through its Joy Mining Machinery division.
MED - Medifast Inc has one operating subsidiary, Jason Pharmaceuticals, Inc, its manufacturing arm. They are engaged in the production, distribution, and sale of consumable health and diet products. Their product lines include weight management, meal replacement and sports nutrition products manufactured in a modern facility in Owings Mills, Maryland.
We are recommending the following specific credit spreads.
call credit spreads = bearish call spreads.
SUPPLEMENTAL MCM EFT, Holders and Indexes TRADE IDEAS FOR February 2010 Expiration.
The following issues are a few additional candidates to supplement
your search for profitable EFT and Index trades. As with any investment, you
must decide if the selections meet your criteria for potential plays.
Only you can know what strategies and positions are suitable for your
experience level, risk-reward tolerance and individual outlook.
There will be no commentary or analysis offered on these positions,
nor will they be included in the MCM Portfolio.