Subject: May 10, 2013 Trade Alert - Dog of Dogs Portfolio
May 10, 2013 Trade Alert - Dog of Dogs Portfolio
These trades will complete the job of getting us set up for next week:
BTC 17 VXX MAY2 13 18.5 puts (VXX130510P19) for $.05 (no commission)
STO 17 VXX May-13 18.5 puts (VXX130518P18.5) for $.35
BTC 15 VXX MAY2 13 19 puts (VXX130510P19)
STC 15 VXX May-13 19 puts (VXX130518P19) for a credit of $.40 (selling a calendar)
BTO 12 VXX Jun1-13 19 puts (VXX130607P19)
STO 12 VXX May-13 19 puts (VXX130518P19) for a debit of $.73 (buying a calendar)
Note: 2 are STC
BTO 5 VXX Jun1-13 19 puts (VXX130607P19)
STO 5 VXX May-13 19.5 puts (VXX130518P19.5) for a debit of $.38 (buying a diagonal)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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