July 11, 2013 Trade Alert - Big Bear Portfolio

We need to get longer:

BTC 1 SPY Jul-13 158 put (SPY130720P158)
STC 1 SPY Sep-13 158 put (SPY130921P158) for a credit of $1.64  (selling a calendar)

BTC 1 SPY Jul-13 163 call (SPY130720C163)
STC 1 SPY Aug-13 164 call (SPY130817C164) for a credit of $.50  (selling a diagonal)

BTO 1 SPY Sep-13 168 call (SPY130921C168)
STO 1 SPY Jul-13 168 call (SPY130720C168) for a debit of $2.73  (buying a calendar)

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