Additional MCM January 2011 recommendations for 12-23-11

we are adding the following spreads to our January recommended list.

We are recommending credit spreads in the following issues.

WHR - Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators, cooking appliances, dishwashers, mixers, and other small household appliances. The company also produces hermetic compressors for refrigeration systems. It markets and distributes its products under various brand names, including Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, and Bauknecht. Whirlpool Corporation sells its products to retailers, dealers, distributors, builders, and other manufacturers.

UA - Under Armour, Inc. develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth worldwide. It offers products made from moisture-wicking synthetic fabrics designed to regulate body temperature. The company provides its products in three fit types: compression, fitted, and loose, extending across the sporting goods, outdoor, and active lifestyle markets. Its footwear products comprise football, baseball, lacrosse, softball, and soccer cleats; slides; performance training footwear; and running and basketball footwear. The company also provides baseball batting, football, golf, and running gloves, as well as licenses bags, socks, headwear, custom-molded mouth guards, and eyewear that are designed to be used and worn before, during, and after competition. It offers its products under ‘UNDER ARMOUR’ brand name. The company sells its products through retail stores, as well as directly to consumers through its own factory house and specialty stores, Website, and catalogs. The company was founded in 1996 and is headquartered in Baltimore, Maryland.

Bear credit spreads = bearish call spreads.

We are also adding put spreads on several of our existing positions on DB, ANF and AKAM which will complete iron condors and butterflies as described below.

put credit spreads on DB and ANF below, will complete our iron condor on those issues

put credit spread on AKAM below, will complete an iron butterfly on AKAM