September 23, 2013 Trade Alert - Big Bear Portfolio

We need to get shorter:

BTC 1 SPY Oct-13 175 call (SPY131019C175)
STC 1 SPY Nov-13 175 call (SPY131116C175) for a credit of $.78  (selling a calendar)

BTC 1 SPY Oct-13 171 put (SPY131019P171)
STO 1 SPY Oct-13 168 put (SPY131019P168) for a debit of $1.25  (buying a vertical)

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