April 25, 2013 Trade Alert - Dog of Dogs Portfolio

We should get shorter:

BTC 2 VXX Apr4-13 20 puts (VXX130426P20)
STC 2 VXX May-13 21 puts (VXX130518P21) for a credit of $1.52  (selling a diagonal)

BTC 11 VXX Apr4-13 20 puts (VXX130426P20)
STO 11 VXX May1-13 19 puts (VXX130503P19) for a debit of $.45  (selling a diagonal)

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