April 24, 2013 Trade Alert - Dog of Dogs Portfolio

This trade will pick up some cash and make us more negative net delta:

BTC 7 VXX APR4 13 20.5 puts (VXX130426P20.5)
STC 7 VXX May-13 21 puts (VXX130518P21) for a credit of $1.06  (selling a diagonal)

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