April 2, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDERS

We can roll over and pick up some premium so that we will make a little even if the stock doesn’t move any higher:

 

BTC 1 SVXY APR1 15 70 call (SVXY150402C70) for a limit of $.05 (no commission)

BTC 1 SVXY APR1 15 72 call (SVXY150402C72) for a limit of $.05 (no commission)

 

STO 2 SVXY Apr-15 72 calls (SVXY150417C72) for a limit of $1.25

 

If these do not execute in 3 minutes, change the limits by $.03 and try again for 3 minutes, and repeat this process until an execution is successful.*

 

Happy trading.

 

Terry