April 11, 2013 Trade Alert - Dog of Dogs Portfolio

We can collect some premium and start moving to next week:

STC 10 VXX Apr2-13 18.5 puts (VXX130412P18.5) for $.28

BTC 12 VXX Apr2-13 20 puts (VXX130412P20)
STO 12 VXX Apr-13 19.5 puts (VXX130420P19.5) for a debit of $.27  (selling a diagonal)

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