June 10, 2013 Trade Alert - Big Bear Portfolio

We are too short:

BTC 2 SPY JUN2 13 162 puts (SPY130614P162)
STO 2 SPY JUN2 13 165.5 puts (SPY130614P165.5) for a credit of $.97  (selling a vertical)

BTC 2 SPY JUN2 13 161 puts (SPY130614P161)
STO 2 SPY JUN2 13 165 puts (SPY130614P165) for a credit of $.84  (selling a vertical)

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