Options Trading Service. Better Data. Better Trades.

Phoenix Alert Update

May 21, 2008

Options Strategist and Editor: Fari Hamzei

Associate Editor: Nancy Scott

Phoenix Alerts/Trades May 21, 2008

Alert Link	Trade Date	Trade #	Trade
May 21	May 21	24	Fill: BUY to OPEN SPY June 142 Calls (SFB FL) at 2.30 (10 contracts per unit)
May 21	May 21	20	Fill: Sold to CLOSE CVX June 100 Calls (CVX FT) @ 5.8(5 contracts per unit)
May 21	No Fill	22	No Fill: EXIT half of this trade CONTINGENT upon SLB trading at or above 109.41 (Weekly Resistance 2 Level) GTC (5 contracts per unit)

Please note the following:

Past performance is not indicative of future results

Minimum recommended account size is $25K

Trade instructions are recommendations for a $25K account; Trade size can be adjusted based on account size(multiple of 25K)

Due to popular demand the mimimum account size was reduced to 25K on April 28, 2008. Our Portfolio posted reflects starting risk capital of $50K; the results are tracked as though the account size is $50K so that performance statistics remains consistent with trades prior to April 28, 2008.
The number of contracts is twice the number sent in the alert