May 3, 2013 Trade Alert #2 - Big Bear Portfolio

We have spare cash that we can put to work:

BTO 2 SPY Jun-13 162 puts (SPY130622P162)
STO 2 SPY May2-13 162 puts (SPY130510P162) for a debit of $2.21  (buying a calendar)

Be prepared to change this price limit by $.02 or more in order to get an execution.
 
Happy trading.
 
Terry