April 19, 2013 Trade Alert  #3 -  Dog of Dogs Portfolio

We have lots of free cash that we can put to work:

BTO 6 VXX May-13 22 puts (VXX130518P22)
STO 6 VXX Apr4-13 21.5 puts (VXX130426P21.5) for a debit of $1.15  (buying a diagonal)

BTO 10 VXX Apr4-13 22 calls (VXX130426C22)
STO 10 VXX Apr4-13 23.5 calls (VXX130426C23.5) for a debit of $.27  (buying a vertical)

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