May 22, 2013 Trade Alert - Dog of Dogs Portfolio

We should get shorter:

BTC 10 VXX MAY4 13 19 puts (VXX130524P19)
STC 10 VXX MAY5 13 18 puts (VXX130531P18) for a debit of $.46  (selling a diagonal)

BTC 7 VXX MAY4 13 18.5 puts (VXX130524P18.5)
STC 7 VXX JUN1 13 19 puts (VXX130607P19) for a credit of $.77  (selling a diagonal)

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