Sold options on FRG FRONTEER DEVELOPMENT

Sold a call + put on FRG FRONTEER DEVELOPMENT GROUP

Net Credit = $ 245 = 20% stock cost
Net credit will be greater if stock called away

Contract = (FRG-A) FRONTEER DEVELOPMENT GROUP Sep07 12.5 Put

Exchange = Chicago Board Options Exchange (Agent)

Currency = USD

Type = Sell to Open

Quantity = 1

Price = $1.5

Gross = $150.00cr

Net = $140.00cr

Trade Date = 30 Apr 2007

Contract = (FRG-A) FRONTEER DEVELOPMENT GROUP INC sep07 15 Call

Exchange = Chicago Board Options Exchange (Agent)

Currency = USD

Type = Sell to Open

Quantity = 1

Price = $1.15

Gross = $115.00cr

Net = $105.00cr