June 18, 2015  Trade Alert -  Pattern Play  Portfolio – LIMIT ORDER

We have become negative net delta:

 

BTC 1 SVXY Jun-15 90 call (SVXY150605C83)
STO 1 SVXY Jun4-15 94 call (SVXY150626C94) for a debit of $.88  (selling a diagonal)

If this does not execute in 3 minutes, raise the debit limit by $.02 and try again for 3 minutes, and repeat this process until an execution is successful.

 

Happy trading.

 

Terry