April 26, 2013 Trade Alert #2 - Big Bear Portfolio

These trades will get us set up for next week:

BTC 3 SPY APR4 13 157.5 puts (SPY130426P157.5) for $.04 (no commission)

STO 3 SPY May1-13 157.5 puts (SPY130503P157.5) for $.76

BTC 5 SPY APR4 13 158 puts (SPY130426P158)
STO 5 SPY May1-13 158 puts (SPY130503P158) for a credit of $.81  (selling a calendar) 

BTO 5 SPY May1-13 160 calls (SPY130503C160) for $.28

BTO 3 SPY Jun-13 157 puts (SPY130622P157)
STO 3 SPY May1-13 157 puts (SPY130503P157) for a debit of $2.35  (buying a calendar)

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