Subject: May 30, 2013 Trade Alert - Big Bear Portfolio
May 30, 2013 Trade Alert - Big Bear Portfolio
We have some cash to put to use and collect a little premium for tomorrow:
BTO 1 SPY Jul-13 166 put (SPY130720P166)
STO 1 SPY MAY5 13 166 put (SPY130531P166) for a debit of $3.02 (buying a calendar)
BTC 1 SPY MAY5 13 164 put (SPY130531P164)
STO 1 SPY MAY5 13 166 put (SPY130531P166) for a credit of $.38 (selling a vertical)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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