Subject: July 2, 2013 Trade Alert - Big Bear Portfolio

July 2, 2013 Trade Alert - Big Bear Portfolio

We will use our remaining cash to buy some upside protection:

BTO 1 SPY Aug-13 164 call (SPY130817C164)
STO 1 SPY Jul-13 164 call (SPY130720C164) for a debit of $1.37  (buying a calendar)

Happy trading.
 
Terry

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