Subject: May 3, 2013 Trade Alert - Dog of Dogs Portfolio

May 3, 2013 Trade Alert - Dog of Dogs Portfolio

We can start rolling over to next week:

BTC 10 VXX MAY1 13 20 puts (VXX130503P20)
STO 10 VXX May2-13 20 puts (VXX130510P20) for a credit of $.24  (selling a calendar)

BTC 10 VXX MAY1 13 19.5 puts (VXX130503P19.5)
STO 10 VXX May2-13 19.5 puts (VXX130510P19.5) for a credit of $.32  (selling a calendar)

BTC 7 VXX MAY1 13 19.5 puts (VXX130503P19.5)
STO 7 VXX May2-13 18.5 puts (VXX130510P18.5) for a debit of $.29  (selling a diagonal) 

Be prepared to change these price limits by $.02 or more in order to get an execution.
 
Happy trading.
 
Terry

To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.