April 16, 2013 Trade Alert #2 - Big Bear Portfolio

We need to get a little longer:

STO 1 SPY Apr-13 157.5 puts (SPY130420P157.5) for $.98

STO 1 SPY Apr-13 158 puts (SPY130420P158) for $1.25

BTO 3 SPY May-13 158 calls  (SPY130518C158)
STO 3 SPY Apr-13 158 calls (SPY130420C158) for a debit of $1.41 (buying a calendar)

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