April 2, 2013 Trade Alert #2 - Dog of Dogs Portfolio

We have become positive net delta once again:

BTC 3 VXX APR1-13 21.5 puts (VXX130405P21.5)
STC 3 VXX Apr-13 23 puts (VXX130420P23) for a credit of $1.74  (selling a diagonal)

BTC 3 VXX APR1-13 21.5 puts (VXX130405P21.5)
STC 3 VXX APR2 13 19.5 puts (VXX130412P19.5) for a debit of $1.23  (selling a diagonal)

BTC 3 VXX APR1-13 21 puts (VXX130405P21)
STC 3 VXX APR2 13 19.5 puts (VXX130412P19.5) for a debit of $.76  (selling a diagonal)

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