May 3, 2013 Trade Alert - Big Bear Portfolio

These trades will get us largely set up for next week:

BTC 3 SPY MAY1 13 157.5 puts (SPY130503P157.5) for $.01 (no commission)

BTC 5 SPY MAY1 13 158 puts (SPY130503P158) for $.01 (no commission)

BTC 3 SPY MAY1 13 158.5 puts (SPY130503P158.5) for $.01 (no commission)

BTC 2 SPY MAY1 13 159 puts (SPY130503P159) for $.01 (no commission)

STC 8 SPY May-13 158 puts (SPY130518P158) for $.40

STC 3 SPY May-13 159 puts (SPY130518P159) for $.57

STO 2 SPY May2-13 159 puts (SPY130510P159) for $.23

BTC 3 SPY May-13 157 puts (SPY130518P157)
STC 3 SPY Jun-13 157 puts (SPY130622P157) for a credit of $1.23  (selling a calendar)

BTO 4 SPY Jun-13 160 puts (SPY130622P160)
STO 4 SPY May2-13 160 puts (SPY130510P160) for a debit of $2.03  (buying a calendar)

BTO 2 SPY Jun-13 161 puts (SPY130622P161)
STO 2 SPY May2-13 161 puts (SPY130510P161) for a debit of $2.16  (buying a calendar)

STO 3 SPY May2-13 162 calls (SPY130510C162) for $.75

STO 2 SPY May2-13 162.5 calls (SPY130510C162.5) for $.52

BTO 5 SPY Jun-13 162 calls (SPY130503C162)
STC 5 SPY Jun-13 160 calls (SPY130503C160) for a credit of $1.22  (selling a vertical)

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