December 22, 2014  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDERS

These are the initial trades for this new portfolio.  The stock has moved up over $2 before we could place these orders, unfortunately:

 

BTO 1 SVXY Jan-15 70 call (SVXY150117C70)

STO 1 SVXY Dec4-14 70 call (SVXY14126C70) for a debit limit of $2,80  (buying a calendar) 

 

BTO 1 SVXY Jan-15 71 call (SVXY150117C71)

STO 1 SVXY Dec4-14 71 call (SVXY14126C71) for a debit limit of $2,65  (buying a calendar) 

 

BTO 1 SVXY Jan-15 67 call (SVXY150117C67)

STO 1 SVXY Jan1-14 73 call (SVXY150102C73) for a debit limit of $4.25  (buying a diagonal) 

 

Happy trading. 

 

Terry