April 29, 2013 Trade Alert - Big Bear Portfolio

We are a bit too short:

BTC 5 SPY MAY1 13 155 puts (SPY130503P155) for $.13

BTC 1 SPY May-13 154 put (SPY130518P154) for $.48

STO 3 SPY MAY1 13 158.5 puts (SPY130503P158.5) for $.67

STC 3 SPY May-13 155 puts (SPY130518P155) for $.60

BTO 3 SPY May-13 159 puts (SPY130518P159)
STC 3 SPY May-13 156 puts (SPY130518P156) for a debit of $.88 (buying a vertical)

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