April 23, 2013 Trade Alert - Terry’s Trades Portfolio

We have spare cash and this is an interesting PEA Play for a company that announces earnings after the close today:

BTO 18 YUM May-13 62.5 puts (YUM130518P62.5)
STO 18 YUM Apr4-13 62.5 puts (YUM130420P62.5) for a debit of $.66  (buying a calendar)

BTO 9 YUM May-13 65 calls (YUM130518C65)
STO 9 YUM Apr4-13 65 calls (YUM130420C65) for a debit of $.66  (buying a calendar)

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