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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