May 17, 2013 Trade Alert - Big Bear Portfolio

These trades will complete the job of getting us set up for next week:

BTC 1 SPY May-13 165 puts (SPY130518P165) for $.03 (no commission)

STO 1 SPY May4-13 165 put (SPY130524P165) for $.58
 
BTC 2 SPY May-13 166 puts (SPY130518P166)
STO 2 SPY May4-13 166 puts (SPY130524P166) for a credit of $.78  (selling a calendar)
 
BTC 1 SPY May-13 166 put (SPY130518P166)
STO 1 SPY May4-13 165.5 put (SPY130524P165.5) for a credit of $.60  (selling a diagonal)
 
BTO 2 SPY Jun-13 164 puts (SPY130622P164)
STO 2 SPY May4-13 164 puts (SPY130524P164) for a debit of $1.42  (buying a calendar)

BTC 2 SPY May-13 166 calls (SPY130518C166)
STC 2 SPY Jun-13 162 calls (SPY130622C162) for a credit of $4.80  (selling a diagonal)

BTO 2 SPY Jun-13 167 calls (SPY130622C167)
STO 2 SPY May4-13 167 calls (SPY130524C167) for a debit of $1.20  (buying a calendar)

BTO 2 SPY Jun-13 168 calls (SPY130622C168)
STO 2 SPY May4-13 168 calls (SPY130524C168) for a debit of $1.04  (buying a calendar)

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

Happy trading.
 
Terry