April 16, 2013 Trade Alert - Dog of Dogs Portfolio

We need some higher-strike short puts:

STO 8 VXX Apr-13 20 puts (VXX130420P20) for $.77

BTO 5 VXX May-13 20 puts (VXX130518P20)
STO 5 VXX Apr-13 20 puts (VXX130420P20) for a debit of $.98  (buying a calendar)

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