We are starting out April recommendations a week earlier
as the volatility and premiums are starting to get extremely
low, as can be witnessed by the low price of the VIX volatility index.
We are starting out the April spreads with the following recommendations.
We are recommending credit spreads in the following issues.
AMAG - AMAG Pharmaceuticals, Inc., a bio pharmaceutical company, engages in the development and commercialization of therapeutic iron compounds to treat iron deficiency anemia (IDA) in the United States, Europe, and Japan. It also provides novel imaging agents to aid in the diagnosis of cancer and cardiovascular diseases. It offers Feraheme, an iron replacement therapeutic for the treatment of IDA in adult patients with chronic kidney disease; and GastroMARK used for delineating the bowel in magnetic resonance imaging (MRI). The company is also developing Feraheme, which is in Phase II clinical trials for use as a vascular-enhanced MRI agent for the assessment of peripheral arterial disease.
CYOU - Changyou.com Limited develops and operates online games in the People?s Republic of China. It engages in the development, operation, and licensing of massively multi-player online role-playing games (MMORPGs), which are interactive online games that might be played simultaneously by various game players. The company operates three MMORPGs, including Tian Long Ba Bu (TLBB), Blade Online (BO), and Blade Hero 2. As of December 31, 2009, these games had approximately 80.9 million aggregate registered accounts, 2.4 million aggregate active paying accounts, and 990,000 aggregate peak concurrent users.
MSFT - Microsoft Corporation provides software and hardware products and solutions worldwide. The Client segment offers Windows Vista comprising Home Basic, Home Premium, Ultimate, Business, Enterprise, and Starter editions; and Windows XP, including Professional, Home, Media Center, and Tablet PC editions. The Server and Tools segment develops software server products, as well as software developer tools, services, and solutions consisting of Microsoft SQL Server, Visual Studio, Silverlight, System Center products, Forefront security products, Biz Talk Server, Microsoft Consulting Services, and Premier product support services.
VZ - Verizon Communications Inc. provides communication services in the United States and internationally. It operates in two segments, Wireline and Domestic Wireless. The Wireline segment provides voice, Internet access, broadband video and data, next generation Internet protocol (IP) network services, network access, and long distance services to consumers, carriers, businesses, and government customers.
NTRI - NutriSystem, Inc. provides weight management products and services in the United States and Canada. Its weight management program includes primarily of a pre-packaged food program and counseling. The company offers monthly food packages comprising a 28-day supply of breakfasts, lunches, dinners, and desserts, which supplement its customers with fresh dairy, fruit, salad, vegetables, and low-glycemic carbohydrate items.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.
Additional March recommendations.
In addition we are recommending the following put spread on AET, which
will complete an iron condor on our AET position.
We are recommending the following MARCH put credit spread on AET.
We are also looking at the following iron condor spread on AMZN.
We will be placing both the call and the put credit spread on AMZN.
The AMZN put and call iron condor recommendation is noted below.