June 7, 2013 Trade Alert - Big Bear Portfolio

We will start rolling over:

BTC 3 SPY JUN1 13 160 puts (SPY130607P160) for $.02 (no commission)

BTC 2 SPY JUN1 13 161 puts (SPY130607P161) for $.04 (no commission)

STO 2 SPY Jun2-13 161 puts (SPY130614P161) for $.54

STO 2 SPY Jun2-13 163 puts (SPY130614P163) for $1.09

STO 1 SPY Jun2-13 162 puts (SPY130614P162) for $.77

BTO 2 SPY Jul-13 162 puts (SPY130720P162)
STO 2 SPY Jun2-13 162 puts (SPY130614P162) for a debit of $2.08  (buying a calendar)

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