We are adding a few old time friends to our September recommended list.
We are recommending credit spreads in the following issues.
SHLD - Sears Holdings Corporation operates as a broadline retailer in the United States and Canada. Its Kmart segment operates stores that sell general merchandise under Jaclyn Smith and Joe Boxer labels, as well as Sears brand products, such as Kenmore, Craftsman, and DieHard. Its stores offer home appliances; footwear; groceries; and automotive accessories, repair, and maintenance services, as well as operate in-store pharmacies. The Kmart also sells its products through its kmart.com Web site.
AIG - American International Group, Inc., through its subsidiaries, provides insurance and related services in the United States and internationally. It operates in four segments: General Insurance, Domestic Life Insurance and Retirement Services, Foreign Life Insurance and Retirement Services, and Financial Services. The General Insurance segment provides property and casualty insurance, as well as various personal lines.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.