We are going to add the following and probably the last April recommendations, which will include two (2) spreads that will complete an iron condor on NEM and a iron butterfly on IP.

We are also recommending a credit spread in the following issue.

ILMN - Illumina, Inc. develops, manufactures, and markets life science tools and integrated systems for the analysis of genetic variation and biological function in North America, Europe, Latin America, the Asia-Pacific, the Middle East, and South Africa. Its sequencing platforms include HiSeq 2000, an instrument for high-throughput sequencing using sequencing-by-synthesis (SBS) technology; HiSeq 1000 that accommodates lower throughput needs; MiSeq, a personal sequencing system that offers sequencing applications in a compact and economical instrument for individual researchers; and Genome Analyzer IIx. The companyÂ’s sequencing/array combination platforms comprise HiScanSQ that combines SBS technology and HiScan microarray analysis instrumentation into one system. Its array platforms consist of HiScan and iScan systems that are array scanners, which support the imaging of its array-based genetic analysis products; and BeadXpress Readers for small and high-throughput laboratories. The company also offers various sample preparation and sequencing kits, such as standard sequencing kits; Infinium Assay; Paired-End Genomic DNA Sample Prep; and TruSeq SBS sequencing kits, as well as library preparation kits. In addition, it provides InfiniumHD Whole-Genome BeadChips, which are multi-sample DNA analysis microarrays; HumanOmni5-Quad, HumanOmni2.5, and HumanOmni1S BeadChips; agriculturally relevant genome panels that comprise the BovineHD and MaizeSNP50 BeadChips; and iSelect Custom Genotyping BeadChips. Further, it offers Eco Real-Time PCR System that provides qPCR results; and sequencing and genotyping services.

We are recommending the following specific credit spreads for Portfolio #1.

Call credit spreads = bearish call spreads.

We are also adding one position to our Portfolio #1 in the form of a put credit spread on NEM, which will complete an iron condor with our existing NEM call spread

We are recommending the following specific credit spread to complete an iron condor on NEM in Portfolio #1

Put credit spreads = bullish put spread.

We are recommending the following specific credit spread to complete an iron butterfly on IP in Portfolio #1

Call credit spreads = bearish call spreads.

The spreads on NEM and IP should not require any additional margin with the right broker.

We will be beginning our May recommendations this weekend.