April 24, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDERS

All these positions will close out today.  If you were assigned any short calls, buy the stock and sell the appropriate number of Apr4-15 71 calls.  If you are Auto-Trading this portfolio, thinkorswim will execute the trades for your.  Otherwise, these trades will close out the positions:

BTC 2 SVXY APR4 15 76 calls (SVXY150424C76)
STC 2 SVXY APR4 15 71 calls (SVXY150424C71)  for a credit limit of $4.95  (selling a vertical)

BTC 1 SVXY APR4 15 77 call (SVXY150424C77)
STC 1 SVXY APR4 15 71 call (SVXY150424C71) for a credit limit of $5.95  (selling a vertical)   

 

Happy trading.

Terry