Subject: April 11, 2013 Trade Alert #2 - Big Bear Portfolio

April 11, 2013 Trade Alert #2 - Big Bear Portfolio

We can eliminate our maintenance requirement:

BTC 1 SPY APR2 13 158 call (SPY130412C158)
STC 1 SPY May-13 157 call (SPY130518C157) for a credit of $2.32  (selling a diagonal)

BTC 1 SPY APR2 13 158 put (SPY130412P158) for $.08

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

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