September 10, 2013 Trade Alert - Big Bear Portfolio

We have become too negative net delta once again:

BTC 1 SPY Sep-13 162 put (SPY130921P162)
STC 1 SPY Oct-13 162 put (SPY131019P162) for a credit of $.99  (selling a calendar)

BTO 1 SPY Oct-13 170 call (SPY131019C170)
STO 1 SPY Sep-13 170 call (SPY130921C170) for a debit of $1.09  (buying a calendar)

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