March 21, 2013 Trade Alert - Big Bear Portfolio

We can pick up a little theta:

STO 1 SPY Mar5-13 154 put (SPY130328P154) for $.83

BTO 2 SPY Apr-13 155 calls (SPY130420C155)
STO 2 SPY Mar4-13 155 calls (SPY130322C155) for a debit of $1.50  (buying a calendar)

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