March 28, 2013 Trade Alert #3 - Dog of Dogs Portfolio

We have an abundance of cash that we can put to work:

BTO 5 VXX May-13 21 puts (VXX130518P21)
STO 5 VXX Apr1-13 20.5 puts (VXX130405P20.5) for a debit of $1.77  (buying a diagonal)

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