April 10, 2013 Trade Alert - Big Bear Portfolio

We should get a little longer:

BTC 4 SPY APR2 13 152 puts (SPY130412P152) for $.04 (no commission)

STC 4 SPY May-13 152 puts (SPY130518P152) for $.72

BTO 3 SPY May-13 158 puts (SPY130518P158)
STO 3 SPY Apr2-13 158 puts (SPY130412P158) for a debit of $1.59  (buying a calendar)

BTC 4 SPY APR2 13 154.5 puts (SPY130412P154.5)
STC 4 SPY Apr-13 155 puts (SPY130420P155) for a credit of $.30  (selling a diagonal)

BTC 5 SPY APR2 13 157 calls (SPY130412C157)
STO 5 SPY APR2 13 158 calls (SPY130412C158) for a debit of .64  (buying a vertical)

Be prepared to change these price limits by $.05 or more in order to get an execution.
 
Happy trading.
 
Terry