April 6, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDERS

With the stock up we can collect some premium and add on a couple of new spreads as well:

 
STO 1 SVXY Apr-15 72 call (SVXY150417C72) for a limit of $1.35

BTO 2 SVXY APR4 15 71 calls (SVXY150424C71)
STO 2 SVXY APR2 15 71 calls (SVXY150410C71) for a debit limit of $1.47  (buying a calendar)

If these do not execute in 3 minutes, change the limits by $.05 and try again for 3 minutes, and repeat this process until an execution is successful. 

 

Happy trading.

 

Terry