Subject: March 28, 2013 Trade Alert #2 - Dog of Dogs Portfolio
March 28, 2013 Trade Alert #2 - Dog of Dogs Portfolio
These trades will complete the job of getting us set up for next week. We will wait until then to add upside protection:
BTC 7 VXX MAR5-13 20 puts (VXX130328P20) for $.03 (no commission)
STO 7 VXX Apr1-13 20 puts (VXX130405P20) for $.45
BTC 7 VXX MAR5-13 20.5 puts (VXX130328P20.5)
STO 7 VXX Apr1-13 20.5 puts (VXX130405P20.5) for a credit of $.50 (selling a calendar)
BTC 7 VXX MAR5-13 215 puts (VXX130328P21)
STO 7 VXX Apr1-13 21 puts (VXX130405P21) for a credit of $.38 (selling a calendar)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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