Subject: September 18, 2013 Trade Alert #2 - Big Bear Portfolio

September 18, 2013 Trade Alert #2 - Big Bear Portfolio

September 18th, 2013 at 11:19 am EDT

September 18, 2013 Trade Alert #2 - Big Bear Portfolio We need to get longer and also get out of in-the-money short calls because of this week s dividend: BTC 1 SPY Sep-13 171 call (SPY130921C171)STC 1 SPY Oct-13 170 call (SPY131019C170) for a credit ...

September 18, 2013 Trade Alert - Big Bear Portfolio

September 18th, 2013 at 6:18 am EDT

September 18, 2013 Trade Alert - Big Bear Portfolio We don t want to be short any in-the-money calls with the dividend payable this week: BTC 1 SPY Sep-13 170 call (SPY130921C170)STO 1 SPY Sep-13 172 call (SPY130921C172) for a debit of $1.07 (buying ...

September 17, 2013 Trade Alert - Big Bear Portfolio

September 17th, 2013 at 7:21 am EDT

September 17, 2013 Trade Alert - Big Bear Portfolio We need to get longer and also buy back the in-the-money short call to avoid assignment due to the Friday dividend: BTC 1 SPY Sep-13 169 call (SPY130921C169)STC 1 SPY Oct-13 169 call (SPY131019C169) ...

September 13, 2013 Trade Alert - Big Bear Portfolio

September 13th, 2013 at 10:23 am EDT

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 cal ...

September 12, 2013 Trade Alert - Big Bear Portfolio

September 12th, 2013 at 8:17 am EDT

September 12, 2013 Trade Alert - Big Bear Portfolio We are too negative net delta. This will help: BTC 1 SPY Sep-13 167 call (SPY130921C167) STC 1 SPY Oct-13 167 call (SPY131019C167) for a credit of $1.08 (selling a calendar) Be prepared to chan ...

September 10, 2013 Trade Alert - Big Bear Portfolio

September 10th, 2013 at 9:42 am EDT

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 cal ...

September 9, 2013 Trade Alert - Big Bear Portfolio

September 9th, 2013 at 6:21 am EDT

September 9, 2013 Trade Alert - Big Bear Portfolio We are a little exposed on the upside: BTO 1 SPY Oct-13 169 call (SPY131019C169)STO 1 SPY Sep-13 169 call (SPY130921C169) for a debit of $1.04 (buying a calendar) Be prepared to change these price l ...

August 20, 2013 Trade Alert - Big Bear Portfolio

August 20th, 2013 at 6:43 am EDT

August 20, 2013 Trade Alert - Big Bear Portfolio We will put some of our cash to work: BTO 1 SPY Oct-13 167 call (SPY131019C167)STO 1 SPY Sep-13 167 call (SPY130921C 167) for a debit of $.89 (buying a calendar) BTO 1 SPY Oct-13 168 call (SPY131019C1 ...

August 16, 2013 Trade Alert - Big Bear Portfolio

August 16th, 2013 at 10:20 am EDT

August 16, 2013 Trade Alert - Big Bear Portfolio These trades will get us set up for next month: BTC 1 SPY Aug-13 165 put (SPY130817P165)STO 1 SPY Sep-13 165 put (SPY130921P165) for a credit of $2.65 (selling a calendar) BTC 1 SPY Aug-13 167 put (SP ...

July 22, 2013 Trade Alert - Big Bear Portfolio

July 22nd, 2013 at 9:04 am EDT

July 22, 2013 Trade Alert - Big Bear PortfolioWe have enough cash to provide a little breathing room on the upside while maintaining an overall bearish position:BTC 1 SPY Aug-13 169 call (SPY130817C169)STO 1 SPY Aug-13 171 call (SPY130817C171) for a ...