May 10, 2013 Trade Alert - Big Bear Portfolio

These trades will get us set up for next week:

BTC 2 SPY May2-13 162 puts (SPY130510P162) for $.02 (no commission)

STO 2 SPY May-13 162 puts (SPY130518P162) for $.52

BTC 2 SPY May2-13 163 puts (SPY130510P163)
STO 2 SPY May-13 163 puts (SPY130518P163) for a credit of $.75  (selling a calendar)

BTC 2 SPY May2-13 163 puts (SPY130510P163)
STO 2 SPY May-13 162.5 puts (SPY130518P162.5) for a credit of $.56  (selling a diagonal)

BTO 2 SPY Jun-13 165 calls (SPY130622C165)
STO 2 SPY May-13 165 calls (SPY130518C165)  for a debit of $1.33  (buying a calendar)

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