September 13, 2013 Trade Alert - Big Bear Portfolio

We are too negative net delta.  This will help:

BTC 1 SPY Sep-13 168 call (SPY130921C168)
STC 1 SPY Oct-13 168 call (SPY131019C168) for a credit of $1.15  (selling a calendar)

BTO 1 SPY Oct-13 171 call (SPY131019C171)
STO 1 SPY Sep-13 171 call (SPY130921C171) for a debit of $1.11  (buying a calendar)

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