June 12, 2013 Trade Alert - Big Bear Portfolio

We need to generate some cash:

BTC 1 SPY JUN2 13 162 put (SPY130614P162)
STC 1 SPY JUN 13 164 put (SPY130622P164) for a credit of $1.80  (selling a diagonal)

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

Happy trading.
 
Terry