We are recommending the following credit spreads to our MCM October expiration cycle.
We are recommending credit spreads in Portfolio #2 in
the following issues.
DE - Deere & Company manufactures and distributes agriculture and turf equipment, and construction and forestry
equipment worldwide. Its Agriculture and Turf segment provides agriculture and turf equipment, and related service parts,
including large, medium, and utility tractors; loaders; combines, corn pickers, cotton and sugarcane harvesters, and
related front-end equipment and sugarcane loaders; tillage, seeding, and application equipment comprising sprayers,
nutrient management, and soil preparation machinery; and hay and forage equipment consisting of self-propelled forage
harvesters and attachments, balers, and mowers. This segment also offers turf and utility equipment, including riding lawn
equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment; integrated
agricultural management systems technology; precision agricultural irrigation equipment and supplies; landscape and
nursery products; and other outdoor power products. The companyÂ’s Construction and Forestry segment provides machines and
service parts used in construction, earthmoving, material handling, and timber harvesting comprising backhoe and landscape
loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-
steer loaders, feller bunchers, log skidders and loaders, log forwarders and harvesters, and related attachments. Deere &
CompanyÂ’s financial services segment finances sales of and leases new and used agriculture and turf equipment, and
construction and forestry equipment. This segment also provides wholesale financing to dealers of the foregoing equipment;
finances retail revolving charge accounts and operating loans; and offers crop risk mitigation products and extended
equipment warranties. The company markets its products and services primarily through independent retail dealer networks
and retail outlets. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois.
XOM - Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and
manufacture of petroleum products. The company also transports and sells crude oil, natural gas, and petroleum products.
It has approximately 37,228 gross and 31,264 net operated wells. The company manufactures and markets commodity
petrochemicals, including olefins, aromatics, polyethylene, polypropylene plastics, and specialty products. It also has
interests in electric power generation facilities. The company has a strategic cooperation agreement with Rosneft to
jointly participate in exploration and development activities in Russia, the United States, and other parts of the world.
It operates in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil
Corporation was founded in 1870 and is based in Irving, Texas.
We are recommending the following specific credit spreads.
Call credit spreads = Bearish call spreads.
We are recommending the following credit spreads to the MCM October expiration cycle.
We are recommending this credit spread for our Portfolio #1 in
the following issue(s).
We are recommending put credit spread on AMRN to complete an iron condor when joined with our existing call
spread position on AMRN .
This spread will not require any additional margin with the right brokerage firms.
We are recommending the following specific credit spread(s).
Put credit spreads = Bullish put spreads.