We are recommending the following credit spreads to the MARCH expiration cycle.

Sorry for the late email, but I had some major computer problems.

We are recommending credit spreads for our Portfolio #2 in the following issues.

DO - Diamond Offshore Drilling, Inc. operates as an offshore oil and gas drilling contractor worldwide. It offers a range of services in the ultra-deepwater, deepwater, and mid-water markets, as well as in the non-floater or jack-up market. The company operates a fleet of approximately 49 offshore rigs comprising 32 semisubmersible rigs, 13 jack-up rigs, and 4 drill ships. Its customer base consists primarily of major and independent oil and gas companies, and government-owned oil companies. The company was founded in 1989 and is headquartered in Houston, Texas.

We are recommending the following specific credit spread.

Call credit spread = bearish Call spread.

We are also recommending a put credit spread on YUM which will complete an iron condor on our YUM position.

We are recommending the following specific put spread below.

Put credit spread = Bullish Put spread.