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